{"schemaVersion":1,"ticker":"QMFE","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/qmfe/","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, QMFE against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/qmfe/"},"benchmark":{"ticker":"QQQ","name":"Invesco QQQ Trust, Series 1","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"QMFE","b":"QQQ","window":{"from":"2025-03-07","to":"2026-10-23","firstReturn":"2025-03-14","weeklyReturns":85,"years":1.63,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03960562,"perWeek":0.0007616466,"days":409,"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":0.27620266,"b":0.44434637,"edge":"QQQ","lead":"QQQ"},"annualised":{"a":0.16090826,"b":0.25222191,"edge":"QQQ","lead":"QQQ"},"price":{"a":0.27620266,"b":0.43231867,"edge":"QQQ","lead":"QQQ"},"volatility":{"a":0.09301505,"b":0.20757617,"edge":"QMFE","lead":"QMFE"},"downsideDeviation":{"a":0.05906079,"b":0.13292216,"edge":"QMFE","lead":"QMFE"},"maxDrawdown":{"a":-0.07781069,"b":-0.13929414,"edge":"QMFE","lead":"QMFE","aPeak":"2025-03-07","aTrough":"2025-04-04","bPeak":"2025-03-07","bTrough":"2025-04-04"},"excess":{"a":0.11409674,"b":0.20710775,"edge":"QQQ","lead":"QQQ"},"sharpe":{"a":1.22664817,"b":0.9977434,"edge":"QMFE","lead":"QMFE"},"sortino":{"a":1.93185243,"b":1.55811312,"edge":"QMFE","lead":"QMFE"},"calmar":{"a":2.06794542,"b":1.81071448,"edge":"QMFE","lead":"QMFE"}},"relative":{"QMFE":{"on":"QQQ","beta":0.42029963,"r2":0.87976481,"alpha":0.02704943,"alphaT":1.05567414,"alphaLow":-0.02391348,"alphaHigh":0.07801233,"upsideCapture":0.30999144,"downsideCapture":0.46867902,"treynor":0.27146523,"trackingError":0.12457944,"informationRatio":-0.74660005,"upWeeks":48,"downWeeks":37,"treynorReference":0.20710775,"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":"QMFE","lead":"QMFE"},"treynor":{"edge":"QMFE","lead":"QMFE"},"informationRatio":{"edge":null,"lead":"QQQ","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"QMFE":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":85,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.27620266}},"QQQ":{"kept":"2026-10-26","distributions":7,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":6,"agree":6},"vendor":{"weeks":85,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.44434637}}}}