{"schemaVersion":1,"ticker":"XAR","asOf":"2026-10-26","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/xar/","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, XAR against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/xar/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"XAR","b":"VOO","window":{"from":"2011-10-07","to":"2026-10-23","firstReturn":"2011-10-14","weeklyReturns":785,"years":15.04,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.01701898,"perWeek":0.0003272882,"days":3761,"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":9.0560335,"b":7.61654588,"edge":"XAR","lead":"XAR"},"annualised":{"a":0.1652062,"b":0.15334272,"edge":"XAR (slight)","lead":"XAR"},"price":{"a":7.60150079,"b":5.60408395,"edge":"XAR","lead":"XAR"},"volatility":{"a":0.23259242,"b":0.15792989,"edge":"VOO","lead":"VOO"},"downsideDeviation":{"a":0.15501677,"b":0.10792922,"edge":"VOO","lead":"VOO"},"maxDrawdown":{"a":-0.45064957,"b":-0.31777419,"edge":"VOO","lead":"VOO","aPeak":"2020-02-14","aTrough":"2020-03-20","bPeak":"2020-02-14","bTrough":"2020-03-20"},"excess":{"a":0.1632067,"b":0.1383816,"edge":"XAR","lead":"XAR"},"sharpe":{"a":0.70168538,"b":0.87622174,"edge":"VOO","lead":"VOO"},"sortino":{"a":1.0528325,"b":1.28215147,"edge":"VOO","lead":"VOO"},"calmar":{"a":0.36659572,"b":0.48255246,"edge":"VOO","lead":"VOO"}},"relative":{"XAR":{"on":"VOO","beta":1.15872327,"r2":0.61900911,"alpha":0.00286071,"alphaT":0.07680518,"alphaLow":-0.07025378,"alphaHigh":0.0759752,"upsideCapture":1.15878972,"downsideCapture":1.07157675,"treynor":0.14085045,"trackingError":0.14573838,"informationRatio":0.17034011,"upWeeks":466,"downWeeks":318,"treynorReference":0.1383816,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"XAR","lead":"XAR"},"downsideCapture":{"edge":"VOO (slight)","lead":"VOO"},"treynor":{"edge":"Tie"},"informationRatio":{"edge":null,"lead":"XAR","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"XAR":{"kept":"2026-10-26","distributions":60,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":785,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":9.0560335}},"VOO":{"kept":"2026-10-26","distributions":60,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2020-03-10","amount":1.178,"vendor":1.120751}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":785,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":7.61654588}}}}