{"schemaVersion":1,"ticker":"MKTN","asOf":"2026-10-30","desk":"alternatives","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/mktn/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-30","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, MKTN against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/mktn/"},"benchmark":{"ticker":null,"name":null,"tier":null,"kind":null,"basisOnPage":null,"basisHere":"total"},"stated":{"index":"Russell 3000 Index","namedIn":"its prospectus","status":"priced","via":"IWV","r2":0.0002,"oneYear":{"from":"2025-10-30","to":"2026-10-30","fund":13.47264782,"ref":12.3751596,"gap":1.09748822}},"absent":"no ETF prices its benchmark (none named)","notMeasured":"no priced benchmark","secondary":{"benchmark":{"ticker":"IWV","name":"Russell 3000 Index","namedIn":"its prospectus","role":"secondary","basisHere":"total"},"kind":"benchmark","a":"MKTN","b":"IWV","window":{"from":"2025-10-03","to":"2026-10-30","firstReturn":"2025-10-10","weeklyReturns":56,"years":1.07,"short":true,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.03799703,"perWeek":0.000730712,"days":269,"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":0.16564142,"b":0.13712081,"edge":"MKTN","lead":"MKTN"},"annualised":{"a":0.15294962,"b":0.12673146,"edge":"MKTN","lead":"MKTN"},"price":{"a":0.15971941,"b":0.12655934,"edge":"MKTN","lead":"MKTN"},"volatility":{"a":0.05970163,"b":0.11852627,"edge":"MKTN","lead":"MKTN"},"downsideDeviation":{"a":0.03444092,"b":0.0694805,"edge":"MKTN","lead":"MKTN"},"maxDrawdown":{"a":-0.03262397,"b":-0.08216298,"edge":"MKTN","lead":"MKTN","aPeak":"2025-12-19","aTrough":"2026-01-16","bPeak":"2026-01-09","bTrough":"2026-03-27"},"excess":{"a":0.10626755,"b":0.08830473,"edge":"MKTN","lead":"MKTN"},"sharpe":{"a":1.77997733,"b":0.74502244,"edge":"MKTN","lead":"MKTN"},"sortino":{"a":3.0855031,"b":1.27092826,"edge":"MKTN","lead":"MKTN"},"calmar":{"a":4.68825863,"b":1.54243993,"edge":"MKTN","lead":"MKTN"}},"relative":{"MKTN":{"on":"IWV","beta":-0.13023409,"r2":0.06685073,"alpha":0.11776784,"alphaT":2.08845696,"alphaLow":0.00471294,"alphaHigh":0.23082274,"upsideCapture":0.12010014,"downsideCapture":-0.40239101,"treynor":-0.81597338,"trackingError":0.14584904,"informationRatio":0.12316041,"upWeeks":29,"downWeeks":27,"treynorReference":0.08830473,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"MKTN","lead":"MKTN"},"alphaRange":{"edge":null},"upsideCapture":{"edge":"IWV","lead":"IWV"},"downsideCapture":{"edge":"MKTN","lead":"MKTN"},"treynor":{"edge":"IWV","lead":"IWV"},"informationRatio":{"edge":null,"lead":"MKTN","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"MKTN":{"kept":"2026-11-01","distributions":1,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":56,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.16564142}},"IWV":{"kept":"2026-11-01","distributions":4,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":56,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.13712081}}}}}