{"schemaVersion":1,"ticker":"QMAG","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/qmag/","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, QMAG against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/qmag/"},"benchmark":{"ticker":"QQQ","name":"Invesco QQQ Trust, Series 1","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"QMAG","b":"QQQ","window":{"from":"2024-08-30","to":"2026-10-23","firstReturn":"2024-09-06","weeklyReturns":112,"years":2.15,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04088358,"perWeek":0.0007862227,"days":536,"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":0.28414756,"b":0.49588658,"edge":"QQQ","lead":"QQQ"},"annualised":{"a":0.12312569,"b":0.2055992,"edge":"QQQ","lead":"QQQ"},"price":{"a":0.28414756,"b":0.47899301,"edge":"QQQ","lead":"QQQ"},"volatility":{"a":0.09226371,"b":0.20417451,"edge":"QMAG","lead":"QMAG"},"downsideDeviation":{"a":0.06089769,"b":0.13290693,"edge":"QMAG","lead":"QMAG"},"maxDrawdown":{"a":-0.11075257,"b":-0.21344135,"edge":"QMAG","lead":"QMAG","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.0795867,"b":0.16708914,"edge":"QQQ","lead":"QQQ"},"sharpe":{"a":0.86260021,"b":0.81836435,"edge":"QMAG (slight)","lead":"QMAG"},"sortino":{"a":1.30689186,"b":1.25718909,"edge":"QMAG (slight)","lead":"QMAG"},"calmar":{"a":1.11171853,"b":0.96325852,"edge":"QMAG","lead":"QMAG"}},"relative":{"QMAG":{"on":"QQQ","beta":0.42462586,"r2":0.8829865,"alpha":0.00863633,"alphaT":0.39720869,"alphaLow":-0.0344523,"alphaHigh":0.05172495,"upsideCapture":0.3138903,"downsideCapture":0.51165712,"treynor":0.18742781,"trackingError":0.12164239,"informationRatio":-0.71934169,"upWeeks":65,"downWeeks":47,"treynorReference":0.16708914,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"QQQ","lead":"QQQ"},"downsideCapture":{"edge":"QMAG","lead":"QMAG"},"treynor":{"edge":"QMAG","lead":"QMAG"},"informationRatio":{"edge":null,"lead":"QQQ","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"QMAG":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":112,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.28414756}},"QQQ":{"kept":"2026-10-26","distributions":9,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":6,"agree":6},"vendor":{"weeks":112,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.49588658}}}}