{"schemaVersion":1,"ticker":"MSOS","asOf":"2026-10-30","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/msos/","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, MSOS against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/msos/"},"benchmark":{"ticker":null,"name":"its own holdings","tier":2,"kind":"holdings","basisOnPage":null,"basisHere":"total"},"stated":{"index":"S&P 500 Index","namedIn":"its shareholder report","status":"priced","via":"VOO","r2":0.0266,"oneYear":{"from":"2025-10-30","to":"2026-10-30","fund":-8.37209302,"ref":12.41511385,"gap":-20.78720687}},"absent":"its benchmark is its own holdings, which has no weekly price series","notMeasured":"own holdings","secondary":{"benchmark":{"ticker":"VOO","name":"S&P 500 Index","namedIn":"its shareholder report","role":"secondary","basisHere":"total"},"kind":"benchmark","a":"MSOS","b":"VOO","window":{"from":"2020-09-11","to":"2026-10-30","firstReturn":"2020-09-18","weeklyReturns":320,"years":6.13,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.03223377,"perWeek":0.0006198802,"days":1534,"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":-0.82203985,"b":1.47275653,"edge":"VOO","lead":"VOO"},"annualised":{"a":-0.24459919,"b":0.15848915,"edge":"VOO","lead":"VOO"},"price":{"a":-0.82252972,"b":1.26337221,"edge":"VOO","lead":"VOO"},"volatility":{"a":0.65358164,"b":0.15828609,"edge":"VOO","lead":"VOO"},"downsideDeviation":{"a":0.4272037,"b":0.10335806,"edge":"VOO","lead":"VOO"},"maxDrawdown":{"a":-0.95907101,"b":-0.23914698,"edge":"VOO","lead":"VOO","aPeak":"2021-02-19","aTrough":"2025-06-20","bPeak":"2021-12-31","bTrough":"2022-09-30"},"excess":{"a":-0.10598429,"b":0.12756405,"edge":"VOO","lead":"VOO"},"sharpe":{"a":-0.16215923,"b":0.80590812,"edge":"VOO","lead":"VOO"},"sortino":{"a":-0.24808843,"b":1.23419539,"edge":"VOO","lead":"VOO"},"calmar":{"a":-0.25503762,"b":0.66272696,"edge":"VOO","lead":"VOO"}},"relative":{"MSOS":{"on":"VOO","beta":1.26283311,"r2":0.09353578,"alpha":-0.2670764,"alphaT":-1.05644786,"alphaLow":-0.76446013,"alphaHigh":0.23030734,"upsideCapture":0.47946532,"downsideCapture":1.30193575,"treynor":-0.08392581,"trackingError":0.62365389,"informationRatio":-0.3744839,"upWeeks":180,"downWeeks":140,"treynorReference":0.12756405,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"VOO","lead":"VOO"},"downsideCapture":{"edge":"VOO","lead":"VOO"},"treynor":{"edge":"VOO","lead":"VOO"},"informationRatio":{"edge":null,"lead":"VOO","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"MSOS":{"kept":"2026-11-01","distributions":1,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":10,"agree":10},"vendor":{"weeks":320,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.82203985}},"VOO":{"kept":"2026-11-01","distributions":25,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":320,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.47275653}}}}}