{"schemaVersion":1,"ticker":"SQMX","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/sqmx/","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, SQMX against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/sqmx/"},"benchmark":{"ticker":"SPY","name":"State Street® SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"SQMX","b":"SPY","window":{"from":"2025-01-03","to":"2026-10-23","firstReturn":"2025-01-10","weeklyReturns":94,"years":1.8,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03994093,"perWeek":0.0007680948,"days":452,"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":0.13002413,"b":0.30903067,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.06996032,"b":0.16063495,"edge":"SPY","lead":"SPY"},"price":{"a":0.13002413,"b":0.28384154,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.04781079,"b":0.15162384,"edge":"SQMX","lead":"SQMX"},"downsideDeviation":{"a":0.03576808,"b":0.10055154,"edge":"SQMX","lead":"SQMX"},"maxDrawdown":{"a":-0.06017419,"b":-0.16877308,"edge":"SQMX","lead":"SQMX","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.02886482,"b":0.12066912,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.60373035,"b":0.7958453,"edge":"SPY","lead":"SPY"},"sortino":{"a":0.80699942,"b":1.20007226,"edge":"SPY","lead":"SPY"},"calmar":{"a":1.16263003,"b":0.95178067,"edge":"SQMX","lead":"SQMX"}},"relative":{"SQMX":{"on":"SPY","beta":0.28748013,"r2":0.83118723,"alpha":-0.00582515,"alphaT":-0.39412713,"alphaLow":-0.03517926,"alphaHigh":0.02352896,"upsideCapture":0.20130859,"downsideCapture":0.27094431,"treynor":0.10040632,"trackingError":0.1098064,"informationRatio":-0.83605598,"upWeeks":52,"downWeeks":42,"treynorReference":0.12066912,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"SQMX","lead":"SQMX"},"treynor":{"edge":"SPY","lead":"SPY"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"SQMX":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":94,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.13002413}},"SPY":{"kept":"2026-10-26","distributions":7,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":94,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.30903067}}}}