{"schemaVersion":1,"ticker":"SATO","asOf":"2026-10-30","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/sato/","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, SATO against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/sato/"},"benchmark":{"ticker":"ACWI","name":"MSCI ACWI Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"SATO","b":"ACWI","window":{"from":"2021-10-15","to":"2026-10-30","firstReturn":"2021-10-22","weeklyReturns":263,"years":5.04,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.03912,"perWeek":0.0007523077,"days":1260,"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":-0.25695912,"b":0.64313155,"edge":"ACWI","lead":"ACWI"},"annualised":{"a":-0.05703232,"b":0.10316999,"edge":"ACWI","lead":"ACWI"},"price":{"a":-0.45993654,"b":0.50574158,"edge":"ACWI","lead":"ACWI"},"volatility":{"a":0.61057729,"b":0.15350927,"edge":"ACWI","lead":"ACWI"},"downsideDeviation":{"a":0.39292167,"b":0.10438374,"edge":"ACWI","lead":"ACWI"},"maxDrawdown":{"a":-0.87337818,"b":-0.26075353,"edge":"ACWI","lead":"ACWI","aPeak":"2021-11-12","aTrough":"2022-12-30","bPeak":"2021-11-12","bTrough":"2022-10-14"},"excess":{"a":0.08367787,"b":0.07090507,"edge":"SATO","lead":"SATO"},"sharpe":{"a":0.13704713,"b":0.46189438,"edge":"ACWI","lead":"ACWI"},"sortino":{"a":0.21296323,"b":0.67927311,"edge":"ACWI","lead":"ACWI"},"calmar":{"a":-0.06530083,"b":0.39566094,"edge":"ACWI","lead":"ACWI"}},"relative":{"SATO":{"on":"ACWI","beta":2.18739295,"r2":0.30244162,"alpha":-0.07141938,"alphaT":-0.31371732,"alphaLow":-0.51969406,"alphaHigh":0.37685529,"upsideCapture":null,"downsideCapture":1.56198171,"treynor":0.03825461,"trackingError":0.54155098,"informationRatio":0.02358559,"upWeeks":150,"downWeeks":113,"heldOut":{"upsideCapture":{"value":3.5082,"bound":3.0,"arithmetic":2.2444,"scale":1.0,"reason":"upside capture held out for SATO: 3.5 is past 3, 3 times the fund's stated daily multiple over its reference's; the same weeks' own ratio is 2.24"}},"treynorReference":0.07090507,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"downsideCapture":{"edge":"ACWI","lead":"ACWI"},"treynor":{"edge":"ACWI","lead":"ACWI"},"informationRatio":{"edge":null,"lead":"SATO","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"SATO":{"kept":"2026-11-01","distributions":18,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2025-03-24","amount":0.30994,"vendor":0.289219}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":10,"agree":9},"vendor":{"weeks":263,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.25695912}},"ACWI":{"kept":"2026-11-01","distributions":11,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":263,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.64313155}}}}