{"schemaVersion":1,"ticker":"MSFW","asOf":"2026-10-26","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/msfw/","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, MSFW against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/msfw/"},"benchmark":{"ticker":"MSFT","name":"Microsoft (MSFT)","tier":1,"kind":"stock","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate, latest distribution","returnOfCapital":100.0,"date":"2026-10-27","url":"https://www.roundhillinvestments.com/assets/data/rh_filings/19a-notice-AAPW-COIW-NVDW-PLTW-TSLW-AMZW-METW-BRKW-HOOW-NFLW-AMDW-GOOW-MSFW-AVGW-MSTW-UBEW-BABW-ARMW-COSW-GLDW-GDXW-TSYW-UNHW-10-19-2026.pdf"},"estimateWindow":{"label":"issuer's Rule 19a-1 estimates, weighted by amount","returnOfCapital":100.0,"from":"2025-10-28","to":"2026-10-20","notices":52,"distributions":53,"full":false},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":92.75,"fiscalYearEnd":"2025-12-31","filed":"2026-03-09","url":"https://www.sec.gov/Archives/edgar/data/1976517/000113322826003392/rnwar-efp22837_ncsr.htm"}},"kind":"benchmark","a":"MSFW","b":"MSFT","window":{"from":"2025-08-01","to":"2026-10-23","firstReturn":"2025-08-08","weeklyReturns":64,"years":1.23,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03838734,"perWeek":0.000738218,"days":308,"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":-0.04451868,"b":0.01070445,"edge":"MSFT","lead":"MSFT"},"annualised":{"a":-0.03632512,"b":0.00868868,"edge":"MSFT","lead":"MSFT"},"price":{"a":-0.37192741,"b":0.0007632,"edge":"MSFT","lead":"MSFT"},"volatility":{"a":0.41193056,"b":0.3396775,"edge":"MSFT","lead":"MSFT"},"downsideDeviation":{"a":0.2297184,"b":0.18924026,"edge":"MSFT","lead":"MSFT"},"maxDrawdown":{"a":-0.38463647,"b":-0.31577904,"edge":"MSFT","lead":"MSFT","aPeak":"2025-08-01","aTrough":"2026-03-27","bPeak":"2025-10-24","bTrough":"2026-03-27"},"excess":{"a":0.00342817,"b":0.0242865,"edge":"MSFT","lead":"MSFT"},"sharpe":{"a":0.0083222,"b":0.0714987,"edge":"MSFT","lead":"MSFT"},"sortino":{"a":0.01492336,"b":0.12833685,"edge":"MSFT","lead":"MSFT"},"calmar":{"a":-0.09444014,"b":0.02751505,"edge":"MSFT","lead":"MSFT"}},"relative":{"MSFW":{"on":"MSFT","beta":1.20945403,"r2":0.99463623,"alpha":-0.02594523,"alphaT":-0.94643496,"alphaLow":-0.08074433,"alphaHigh":0.02885386,"upsideCapture":1.51576647,"downsideCapture":1.09903128,"treynor":0.00283448,"trackingError":0.07727892,"informationRatio":-0.26990969,"upWeeks":27,"downWeeks":37,"treynorReference":0.0242865,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"MSFW","lead":"MSFW"},"downsideCapture":{"edge":"MSFT (slight)","lead":"MSFT"},"treynor":{"edge":"MSFT","lead":"MSFT"},"informationRatio":{"edge":null,"lead":"MSFT","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"MSFW":{"kept":"2026-10-26","distributions":64,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":64,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.04451868}},"MSFT":{"kept":"2026-10-26","distributions":5,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":64,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.01070445}}}}