{"schemaVersion":1,"ticker":"SKRE","asOf":"2026-10-26","desk":"leverage","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/skre/","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, SKRE against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/skre/"},"benchmark":{"ticker":"KRE","name":"REGIONAL BANKS","tier":1,"kind":"underlying","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"SKRE","b":"KRE","window":{"from":"2024-01-12","to":"2026-10-23","firstReturn":"2024-01-19","weeklyReturns":145,"years":2.78,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04377583,"perWeek":0.0008418428,"days":695,"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":-0.73440617,"b":0.54604465,"edge":"KRE","lead":"KRE"},"annualised":{"a":-0.37839764,"b":0.16911958,"edge":"KRE","lead":"KRE"},"price":{"a":-0.74336825,"b":0.43798373,"edge":"KRE","lead":"KRE"},"volatility":{"a":0.50843193,"b":0.25236077,"edge":"KRE","lead":"KRE"},"downsideDeviation":{"a":0.37201966,"b":0.1720937,"edge":"KRE","lead":"KRE"},"maxDrawdown":{"a":-0.78876903,"b":-0.26366416,"edge":"KRE","lead":"KRE","aPeak":"2024-06-14","aTrough":"2026-08-14","bPeak":"2024-11-22","bTrough":"2025-04-04"},"excess":{"a":-0.38897114,"b":0.14447286,"edge":"KRE","lead":"KRE"},"sharpe":{"a":-0.76504074,"b":0.57248542,"edge":"KRE","lead":"KRE"},"sortino":{"a":-1.04556607,"b":0.83950118,"edge":"KRE","lead":"KRE"},"calmar":{"a":-0.47973187,"b":0.64142045,"edge":"KRE","lead":"KRE"}},"relative":{"SKRE":{"on":"KRE","beta":-2.00591316,"r2":0.99129365,"alpha":-0.09917112,"alphaT":-3.46760583,"alphaLow":-0.15570315,"alphaHigh":-0.0426391,"upsideCapture":-0.31253309,"downsideCapture":null,"treynor":0.19391225,"trackingError":0.76005657,"informationRatio":-0.70184776,"upWeeks":80,"downWeeks":63,"heldOut":{"downsideCapture":{"value":-17.661,"bound":6.0,"arithmetic":-2.031,"scale":2.0,"reason":"downside capture held out for SKRE: -17.7 is past 6, 3 times the fund's stated daily multiple over its reference's; the same weeks' own ratio is -2.03"}},"treynorReference":0.14447286,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"KRE","lead":"KRE"},"alphaRange":{"edge":null},"upsideCapture":{"edge":"KRE","lead":"KRE"},"treynor":{"edge":"SKRE","lead":"SKRE"},"informationRatio":{"edge":null,"lead":"KRE","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"SKRE":{"kept":"2026-10-26","distributions":2,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":145,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.73440617}},"KRE":{"kept":"2026-10-26","distributions":11,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":145,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.54604465}}}}