{"schemaVersion":1,"ticker":"XLVI","asOf":"2026-10-30","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/xlvi/","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, XLVI against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/xlvi/"},"benchmark":{"ticker":"XLV","name":"Health care sector (XLV)","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate, latest distribution","returnOfCapital":70.68,"date":"2026-10-05","url":"https://www.ssga.com/library-content/products/fund-data/etfs/us/distribution/xlvi-19a-1-notice.pdf"},"estimateWindow":{"label":"issuer's Rule 19a-1 estimates, weighted by amount","returnOfCapital":70.7,"from":"2026-10-05","to":"2026-10-05","notices":1,"distributions":12,"full":false},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":65.2,"fiscalYearEnd":"2025-12-31","filed":"2026-03-06","url":"https://www.sec.gov/Archives/edgar/data/1064641/000119312526096539/d75600dncsr.htm"}},"kind":"benchmark","a":"XLVI","b":"XLV","window":{"from":"2025-08-08","to":"2026-10-30","firstReturn":"2025-08-15","weeklyReturns":64,"years":1.23,"short":true,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.03836461,"perWeek":0.000737781,"days":308,"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":0.32235139,"b":0.45052807,"edge":"XLV","lead":"XLV"},"annualised":{"a":0.25485729,"b":0.35281991,"edge":"XLV","lead":"XLV"},"price":{"a":0.13527059,"b":0.42032883,"edge":"XLV","lead":"XLV"},"volatility":{"a":0.10838836,"b":0.16801165,"edge":"XLVI","lead":"XLVI"},"downsideDeviation":{"a":0.06652889,"b":0.09276131,"edge":"XLVI","lead":"XLVI"},"maxDrawdown":{"a":-0.0814007,"b":-0.10206943,"edge":"XLVI","lead":"XLVI","aPeak":"2026-02-27","aTrough":"2026-03-27","bPeak":"2026-02-27","bTrough":"2026-03-27"},"excess":{"a":0.19492451,"b":0.27843782,"edge":"XLV","lead":"XLV"},"sharpe":{"a":1.79838966,"b":1.657253,"edge":"XLVI (slight)","lead":"XLVI"},"sortino":{"a":2.92992274,"b":3.00165895,"edge":"XLV (slight)","lead":"XLV"},"calmar":{"a":3.13089795,"b":3.45666581,"edge":"XLV (slight)","lead":"XLV"}},"relative":{"XLVI":{"on":"XLV","beta":0.59997646,"r2":0.86493195,"alpha":0.02786837,"alphaT":0.75009662,"alphaLow":-0.0463995,"alphaHigh":0.10213625,"upsideCapture":0.56232353,"downsideCapture":0.70547613,"treynor":0.32488693,"trackingError":0.07812671,"informationRatio":-1.06894698,"upWeeks":40,"downWeeks":24,"treynorReference":0.27843782,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"XLV","lead":"XLV"},"downsideCapture":{"edge":"XLVI","lead":"XLVI"},"treynor":{"edge":"XLVI","lead":"XLVI"},"informationRatio":{"edge":null,"lead":"XLV","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"XLVI":{"kept":"2026-11-01","distributions":14,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":13,"agree":13},"vendor":{"weeks":64,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.32235139}},"XLV":{"kept":"2026-11-01","distributions":5,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":13,"agree":13},"vendor":{"weeks":64,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.45052807}}}}