{"schemaVersion":1,"ticker":"MISL","asOf":"2026-10-26","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/misl/","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, MISL against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/misl/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"MISL","b":"VOO","window":{"from":"2022-11-04","to":"2026-10-23","firstReturn":"2022-11-11","weeklyReturns":207,"years":3.97,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04595994,"perWeek":0.000883845,"days":991,"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":0.93971115,"b":1.13363347,"edge":"VOO","lead":"VOO"},"annualised":{"a":0.18108669,"b":0.20969933,"edge":"VOO","lead":"VOO"},"price":{"a":0.90085881,"b":1.02006824,"edge":"VOO","lead":"VOO"},"volatility":{"a":0.19382825,"b":0.14089156,"edge":"VOO","lead":"VOO"},"downsideDeviation":{"a":0.1259126,"b":0.09011071,"edge":"VOO","lead":"VOO"},"maxDrawdown":{"a":-0.20024046,"b":-0.1668507,"edge":"VOO","lead":"VOO","aPeak":"2026-01-16","aTrough":"2026-10-23","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.13935082,"b":0.15463945,"edge":"VOO (slight)","lead":"VOO"},"sharpe":{"a":0.71893968,"b":1.09757783,"edge":"VOO","lead":"VOO"},"sortino":{"a":1.10672657,"b":1.71610518,"edge":"VOO","lead":"VOO"},"calmar":{"a":0.90434615,"b":1.25680824,"edge":"VOO","lead":"VOO"}},"relative":{"MISL":{"on":"VOO","beta":0.87423022,"r2":0.40381963,"alpha":0.00416034,"alphaT":0.0546956,"alphaLow":-0.14580668,"alphaHigh":0.15412736,"upsideCapture":0.73338855,"downsideCapture":0.81980441,"treynor":0.15939831,"trackingError":0.15070543,"informationRatio":-0.10144712,"upWeeks":121,"downWeeks":86,"treynorReference":0.15463945,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"VOO","lead":"VOO"},"downsideCapture":{"edge":"MISL","lead":"MISL"},"treynor":{"edge":"MISL (slight)","lead":"MISL"},"informationRatio":{"edge":null,"lead":"VOO","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"MISL":{"kept":"2026-10-26","distributions":13,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":207,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.93971115}},"VOO":{"kept":"2026-10-26","distributions":16,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":207,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.13363347}}}}