{"schemaVersion":1,"ticker":"KMAR","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/kmar/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-26","credit":"Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent","class":"mixed","license":"https://etfiq.com/license/","license_text":"Only the numbers in etfiq_fields are ETFIQ's, free to use with attribution: ETFIQ (etfiq.com). Every other number stays under its owner's terms: issuer_fields as the issuer published them, vendor_fields from an end-of-day data vendor.","fields_note":"Not yet classed field by field: only data ETFIQ computes is covered by its licence.","cite_as":"ETFIQ, Risk and return scorecard, KMAR against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/kmar/"},"benchmark":{"ticker":"IWM","name":"IWM","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"KMAR","b":"IWM","window":{"from":"2025-03-14","to":"2026-10-23","firstReturn":"2025-03-21","weeklyReturns":84,"years":1.61,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03956361,"perWeek":0.0007608387,"days":404,"series":"13-week Treasury bill, coupon equivalent, average of daily yields","source":"U.S. Department of the Treasury, Daily Treasury Bill Rates","url":"https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates"},"measures":{"total":{"a":0.2649961,"b":0.38371409,"edge":"IWM","lead":"IWM"},"annualised":{"a":0.15663963,"b":0.22268452,"edge":"IWM","lead":"IWM"},"price":{"a":0.2649961,"b":0.35911085,"edge":"IWM","lead":"IWM"},"volatility":{"a":0.09460544,"b":0.17920851,"edge":"KMAR","lead":"KMAR"},"downsideDeviation":{"a":0.06637903,"b":0.1184391,"edge":"KMAR","lead":"KMAR"},"maxDrawdown":{"a":-0.06827875,"b":-0.11124013,"edge":"KMAR","lead":"KMAR","aPeak":"2025-03-21","aTrough":"2025-04-04","bPeak":"2026-08-14","bTrough":"2026-10-16"},"excess":{"a":0.11062021,"b":0.17784584,"edge":"IWM","lead":"IWM"},"sharpe":{"a":1.1692796,"b":0.99239619,"edge":"KMAR","lead":"KMAR"},"sortino":{"a":1.66649333,"b":1.50158045,"edge":"KMAR (slight)","lead":"KMAR"},"calmar":{"a":2.29411961,"b":2.00183621,"edge":"KMAR","lead":"KMAR"}},"relative":{"KMAR":{"on":"IWM","beta":0.51384926,"r2":0.94745042,"alpha":0.01923426,"alphaT":1.10983332,"alphaLow":-0.01524215,"alphaHigh":0.05371067,"upsideCapture":0.40446176,"downsideCapture":0.55627543,"treynor":0.21527755,"trackingError":0.08978102,"informationRatio":-0.74877324,"upWeeks":49,"downWeeks":35,"treynorReference":0.17784584,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"IWM","lead":"IWM"},"downsideCapture":{"edge":"KMAR","lead":"KMAR"},"treynor":{"edge":"KMAR","lead":"KMAR"},"informationRatio":{"edge":null,"lead":"IWM","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"KMAR":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":84,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.2649961}},"IWM":{"kept":"2026-10-26","distributions":7,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":84,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.38371409}}}}