{"schemaVersion":1,"ticker":"SCA","asOf":"2026-10-26","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/sca/","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, SCA against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/sca/"},"benchmark":{"ticker":"SMCI","name":"Super Micro (SMCI)","tier":1,"kind":"stock","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate, latest distribution","returnOfCapital":28.63,"date":"2026-09-11","url":"https://graniteshares.com/media/if2n55xd/graniteshares-autocallable-smci-etf-19-a-notice-09092026.pdf"},"estimateWindow":{"label":"issuer's Rule 19a-1 estimates, weighted by amount","returnOfCapital":14.3,"from":"2026-08-14","to":"2026-09-11","notices":2,"distributions":5,"full":false},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":100.0,"fiscalYearEnd":"2026-06-30","filed":"2026-09-04","url":"https://www.sec.gov/Archives/edgar/data/1689873/000149315226041612/formn-csr.htm"}},"kind":"benchmark","a":"SCA","b":"SMCI","window":{"from":"2026-06-05","to":"2026-10-23","firstReturn":"2026-06-12","weeklyReturns":20,"years":0.38,"short":true,"weekEnding":"2026-10-25","cumulativeOnly":"20 weekly returns, 2026-06-05 to 2026-10-23: cumulative numbers only, nothing annualised"},"riskFree":{"rate":0.03910722,"perWeek":0.0007520619,"days":97,"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":0.11486988,"b":-0.20893372,"edge":"SCA","lead":"SCA"},"annualised":{"a":null,"b":null,"absent":"20 weekly returns, under the 52 an annualised number needs"},"price":{"a":-0.02503889,"b":-0.20893372,"edge":"SCA","lead":"SCA"},"volatility":{"a":null,"b":null,"absent":"20 weekly returns, under the 52 an annualised number needs"},"downsideDeviation":{"a":null,"b":null,"absent":"20 weekly returns, under the 52 an annualised number needs"},"maxDrawdown":{"a":-0.23212478,"b":-0.41930836,"edge":"SCA","lead":"SCA","aPeak":"2026-06-05","aTrough":"2026-07-17","bPeak":"2026-06-05","bTrough":"2026-07-17"},"excess":{"a":null,"b":null,"absent":"20 weekly returns, under the 52 an annualised number needs"},"sharpe":{"a":null,"b":null,"absent":"20 weekly returns, under the 52 an annualised number needs"},"sortino":{"a":null,"b":null,"absent":"20 weekly returns, under the 52 an annualised number needs"},"calmar":{"a":null,"b":null,"absent":"20 weekly returns, under the 52 an annualised number needs"}},"relative":{"SCA":{"on":"SMCI","beta":0.50652477,"r2":0.92107344,"alpha":null,"alphaT":null,"alphaLow":null,"alphaHigh":null,"upsideCapture":null,"downsideCapture":null,"treynor":null,"trackingError":null,"informationRatio":null,"upWeeks":10,"downWeeks":10,"absent":"20 weekly returns: alpha, Treynor, the captures, tracking error and the information ratio need 52","edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true}}}},"sources":{"SCA":{"kept":"2026-10-26","distributions":4,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2026-07-01","amount":0.82945,"vendor":0.864438},{"ex":"2026-08-12","amount":0.81037,"vendor":0.732926}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":20,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.11486988}},"SMCI":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":20,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.20893372}}}}