{"schemaVersion":1,"ticker":"SPYM","asOf":"2026-10-26","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/spym/","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, SPYM against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/spym/"},"benchmark":{"ticker":"IVV","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"SPYM","b":"IVV","window":{"from":"2005-11-25","to":"2026-10-23","firstReturn":"2005-12-02","weeklyReturns":1091,"years":20.91,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.01772485,"perWeek":0.0003408624,"days":5232,"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":7.93460177,"b":7.84768072,"edge":"Tie"},"annualised":{"a":0.11002001,"b":0.1095029,"edge":"Tie"},"price":{"a":5.16365202,"b":5.00416929,"edge":"SPYM (slight)","lead":"SPYM"},"volatility":{"a":0.17160554,"b":0.17521318,"edge":"SPYM (slight)","lead":"SPYM"},"downsideDeviation":{"a":0.12133827,"b":0.12346549,"edge":"Tie"},"maxDrawdown":{"a":-0.53931276,"b":-0.54729949,"edge":"Tie","aPeak":"2007-10-05","aTrough":"2009-03-06","bPeak":"2007-10-12","bTrough":"2009-03-06"},"excess":{"a":0.10160148,"b":0.10176885,"edge":"Tie"},"sharpe":{"a":0.59206409,"b":0.58082871,"edge":"Tie"},"sortino":{"a":0.83734077,"b":0.82426955,"edge":"Tie"},"calmar":{"a":0.20400038,"b":0.20007858,"edge":"Tie"}},"relative":{"SPYM":{"on":"IVV","beta":0.95580002,"r2":0.95236843,"alpha":0.00433082,"alphaT":0.52771175,"alphaLow":-0.01177208,"alphaHigh":0.02043371,"upsideCapture":0.94142641,"downsideCapture":0.96911383,"treynor":0.10629994,"trackingError":0.03824464,"informationRatio":-0.00437619,"upWeeks":631,"downWeeks":459,"treynorReference":0.10176885,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"IVV (slight)","lead":"IVV"},"downsideCapture":{"edge":"SPYM (slight)","lead":"SPYM"},"treynor":{"edge":"SPYM (slight)","lead":"SPYM"},"informationRatio":{"edge":null,"lead":"IVV","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"SPYM":{"kept":"2026-10-26","distributions":84,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":1091,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":7.93460177}},"IVV":{"kept":"2026-10-26","distributions":86,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":1091,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":7.84768072}}}}