{"schemaVersion":1,"ticker":"MRCP","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/mrcp/","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, MRCP against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/mrcp/"},"benchmark":{"ticker":"SPY","name":"SPDR S&P 500 ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"MRCP","b":"SPY","window":{"from":"2024-03-08","to":"2026-10-23","firstReturn":"2024-03-15","weeklyReturns":137,"years":2.63,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.043193,"perWeek":0.0008306346,"days":657,"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":0.40390368,"b":0.53367488,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.13742731,"b":0.17624371,"edge":"SPY","lead":"SPY"},"price":{"a":0.40390368,"b":0.48512859,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.08488988,"b":0.14492325,"edge":"MRCP","lead":"MRCP"},"downsideDeviation":{"a":0.05708,"b":0.09487993,"edge":"MRCP","lead":"MRCP"},"maxDrawdown":{"a":-0.09372359,"b":-0.16877308,"edge":"MRCP","lead":"MRCP","aPeak":"2025-02-28","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.08932752,"b":0.12984137,"edge":"SPY","lead":"SPY"},"sharpe":{"a":1.0522753,"b":0.89593195,"edge":"MRCP","lead":"MRCP"},"sortino":{"a":1.56495301,"b":1.36848089,"edge":"MRCP","lead":"MRCP"},"calmar":{"a":1.46630438,"b":1.04426433,"edge":"MRCP","lead":"MRCP"}},"relative":{"MRCP":{"on":"SPY","beta":0.56003333,"r2":0.91409649,"alpha":0.01661203,"alphaT":1.07143713,"alphaLow":-0.01405098,"alphaHigh":0.04727503,"upsideCapture":0.46669976,"downsideCapture":0.54407304,"treynor":0.15950394,"trackingError":0.06844386,"informationRatio":-0.59192814,"upWeeks":78,"downWeeks":59,"treynorReference":0.12984137,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"MRCP","lead":"MRCP"},"treynor":{"edge":"MRCP","lead":"MRCP"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"MRCP":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":137,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.40390368}},"SPY":{"kept":"2026-10-26","distributions":11,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":137,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.53367488}}}}