{"schemaVersion":1,"ticker":"XMAR","asOf":"2026-10-30","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/xmar/","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, XMAR against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/xmar/"},"benchmark":{"ticker":"SPY","name":"State Street® SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"XMAR","b":"SPY","window":{"from":"2023-03-31","to":"2026-10-30","firstReturn":"2023-04-06","weeklyReturns":187,"years":3.58,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.04594292,"perWeek":0.0008835177,"days":897,"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":0.44032971,"b":0.92804534,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.10678758,"b":0.20028379,"edge":"SPY","lead":"SPY"},"price":{"a":0.44032971,"b":0.84596595,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.04852676,"b":0.13751853,"edge":"XMAR","lead":"XMAR"},"downsideDeviation":{"a":0.03300428,"b":0.08829526,"edge":"XMAR","lead":"XMAR"},"maxDrawdown":{"a":-0.05317417,"b":-0.16877308,"edge":"XMAR","lead":"XMAR","aPeak":"2025-03-21","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.05679553,"b":0.14635112,"edge":"SPY","lead":"SPY"},"sharpe":{"a":1.17039613,"b":1.06422839,"edge":"XMAR (slight)","lead":"XMAR"},"sortino":{"a":1.72085334,"b":1.65751957,"edge":"XMAR (slight)","lead":"XMAR"},"calmar":{"a":2.00826029,"b":1.18670459,"edge":"XMAR","lead":"XMAR"}},"relative":{"XMAR":{"on":"SPY","beta":0.31492291,"r2":0.79646804,"alpha":0.01070621,"alphaT":0.91491982,"alphaLow":-0.01237992,"alphaHigh":0.03379234,"upsideCapture":0.24004671,"downsideCapture":0.22890935,"treynor":0.18034742,"trackingError":0.09672104,"informationRatio":-0.92591631,"upWeeks":109,"downWeeks":78,"treynorReference":0.14635112,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"XMAR","lead":"XMAR"},"treynor":{"edge":"XMAR","lead":"XMAR"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"XMAR":{"kept":"2026-11-01","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":187,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.44032971}},"SPY":{"kept":"2026-11-01","distributions":14,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":13,"agree":13},"vendor":{"weeks":187,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.92804534}}}}