{"schemaVersion":1,"ticker":"SHPP","asOf":"2026-10-26","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/shpp/","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, SHPP against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/shpp/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"SHPP","b":"VOO","window":{"from":"2022-06-17","to":"2026-10-23","firstReturn":"2022-06-24","weeklyReturns":227,"years":4.35,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04445906,"perWeek":0.000854982,"days":1087,"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":0.65692868,"b":1.20172291,"edge":"VOO","lead":"VOO"},"annualised":{"a":0.12263091,"b":0.19816966,"edge":"VOO","lead":"VOO"},"price":{"a":0.48779751,"b":1.06711052,"edge":"VOO","lead":"VOO"},"volatility":{"a":0.17442296,"b":0.15321141,"edge":"VOO","lead":"VOO"},"downsideDeviation":{"a":0.1163357,"b":0.09879341,"edge":"VOO","lead":"VOO"},"maxDrawdown":{"a":-0.21560433,"b":-0.1668507,"edge":"VOO","lead":"VOO","aPeak":"2022-08-12","aTrough":"2022-09-30","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.08647933,"b":0.14832848,"edge":"VOO","lead":"VOO"},"sharpe":{"a":0.49580244,"b":0.96812948,"edge":"VOO","lead":"VOO"},"sortino":{"a":0.74336019,"b":1.50140064,"edge":"VOO","lead":"VOO"},"calmar":{"a":0.56877759,"b":1.18770652,"edge":"VOO","lead":"VOO"}},"relative":{"SHPP":{"on":"VOO","beta":0.91445601,"r2":0.64520918,"alpha":-0.04916054,"alphaT":-0.97764005,"alphaLow":-0.14825014,"alphaHigh":0.04992906,"upsideCapture":0.73144424,"downsideCapture":0.92950131,"treynor":0.09456915,"trackingError":0.10471728,"informationRatio":-0.59062988,"upWeeks":131,"downWeeks":96,"treynorReference":0.14832848,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"VOO","lead":"VOO"},"downsideCapture":{"edge":"SHPP (slight)","lead":"SHPP"},"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":{"SHPP":{"kept":"2026-10-26","distributions":16,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":2,"agree":2},"vendor":{"weeks":227,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.65692868}},"VOO":{"kept":"2026-10-26","distributions":18,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":227,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.20172291}}}}