{"schemaVersion":1,"ticker":"SMHX","asOf":"2026-10-30","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/smhx/","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, SMHX against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/smhx/"},"benchmark":{"ticker":"ACWI","name":"MSCI ACWI Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"SMHX","b":"ACWI","window":{"from":"2024-09-06","to":"2026-10-30","firstReturn":"2024-09-13","weeklyReturns":112,"years":2.15,"short":true,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.04081155,"perWeek":0.0007848374,"days":537,"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":1.33858686,"b":0.4339326,"edge":"SMHX","lead":"SMHX"},"annualised":{"a":0.48354199,"b":0.182154,"edge":"SMHX","lead":"SMHX"},"price":{"a":1.33717254,"b":0.38936871,"edge":"SMHX","lead":"SMHX"},"volatility":{"a":0.37161408,"b":0.1398869,"edge":"ACWI","lead":"ACWI"},"downsideDeviation":{"a":0.23459087,"b":0.09317841,"edge":"ACWI","lead":"ACWI"},"maxDrawdown":{"a":-0.37029955,"b":-0.14253357,"edge":"ACWI","lead":"ACWI","aPeak":"2025-01-24","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.42361043,"b":0.1365537,"edge":"SMHX","lead":"SMHX"},"sharpe":{"a":1.13992032,"b":0.97617222,"edge":"SMHX","lead":"SMHX"},"sortino":{"a":1.80574132,"b":1.46550794,"edge":"SMHX","lead":"SMHX"},"calmar":{"a":1.30581304,"b":1.27797264,"edge":"SMHX (slight)","lead":"SMHX"}},"relative":{"SMHX":{"on":"ACWI","beta":2.11980427,"r2":0.63673877,"alpha":0.13414331,"alphaT":0.86702391,"alphaLow":-0.1724694,"alphaHigh":0.44075602,"upsideCapture":null,"downsideCapture":1.45676636,"treynor":0.19983469,"trackingError":0.27331895,"informationRatio":1.05026283,"upWeeks":65,"downWeeks":47,"heldOut":{"upsideCapture":{"value":3.4542,"bound":3.0,"arithmetic":2.1223,"scale":1.0,"reason":"upside capture held out for SMHX: 3.5 is past 3, 3 times the fund's stated daily multiple over its reference's; the same weeks' own ratio is 2.12"}},"treynorReference":0.1365537,"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":"SMHX","lead":"SMHX"},"informationRatio":{"edge":null,"lead":"SMHX","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"SMHX":{"kept":"2026-11-01","distributions":2,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":112,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.33858686}},"ACWI":{"kept":"2026-11-01","distributions":4,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":112,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.4339326}}}}