{"schemaVersion":1,"ticker":"MARM","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/marm/","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, MARM against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/marm/"},"benchmark":{"ticker":"SPY","name":"State Street® SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"MARM","b":"SPY","window":{"from":"2024-04-05","to":"2026-10-23","firstReturn":"2024-04-12","weeklyReturns":133,"years":2.55,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04287837,"perWeek":0.000824584,"days":638,"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":0.18915208,"b":0.5091036,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.0700797,"b":0.17455977,"edge":"SPY","lead":"SPY"},"price":{"a":0.18915208,"b":0.46590668,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.02577113,"b":0.14639811,"edge":"MARM","lead":"MARM"},"downsideDeviation":{"a":0.01683253,"b":0.09607985,"edge":"MARM","lead":"MARM"},"maxDrawdown":{"a":-0.01537137,"b":-0.16877308,"edge":"MARM","lead":"MARM","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.02522833,"b":0.12893141,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.97893775,"b":0.8806904,"edge":"MARM","lead":"MARM"},"sortino":{"a":1.49878455,"b":1.34191928,"edge":"MARM","lead":"MARM"},"calmar":{"a":4.55910458,"b":1.03428679,"edge":"MARM","lead":"MARM"}},"relative":{"MARM":{"on":"SPY","beta":0.15719868,"r2":0.79744704,"alpha":0.00496048,"alphaT":0.6763242,"alphaLow":-0.00954886,"alphaHigh":0.01946983,"upsideCapture":0.13721633,"downsideCapture":0.1169797,"treynor":0.16048691,"trackingError":0.12392847,"informationRatio":-0.83679787,"upWeeks":76,"downWeeks":57,"treynorReference":0.12893141,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"MARM","lead":"MARM"},"treynor":{"edge":"MARM","lead":"MARM"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"MARM":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":133,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.18915208}},"SPY":{"kept":"2026-10-26","distributions":10,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":133,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.5091036}}}}