{"schemaVersion":1,"ticker":"XME","asOf":"2026-10-26","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/xme/","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, XME against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/xme/"},"benchmark":{"ticker":"IVV","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"XME","b":"IVV","window":{"from":"2006-06-30","to":"2026-10-23","firstReturn":"2006-07-07","weeklyReturns":1060,"years":20.31,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.01691009,"perWeek":0.0003251941,"days":5083,"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":1.51099594,"b":7.71058765,"edge":"IVV","lead":"IVV"},"annualised":{"a":0.0462009,"b":0.11202752,"edge":"IVV","lead":"IVV"},"price":{"a":0.94765562,"b":4.98392787,"edge":"IVV","lead":"IVV"},"volatility":{"a":0.3685813,"b":0.17693361,"edge":"IVV","lead":"IVV"},"downsideDeviation":{"a":0.25467063,"b":0.12467096,"edge":"IVV","lead":"IVV"},"maxDrawdown":{"a":-0.85506856,"b":-0.54729949,"edge":"IVV","lead":"IVV","aPeak":"2008-06-27","aTrough":"2016-01-15","bPeak":"2007-10-12","bTrough":"2009-03-06"},"excess":{"a":0.09639666,"b":0.10516818,"edge":"IVV (slight)","lead":"IVV"},"sharpe":{"a":0.26153433,"b":0.59439343,"edge":"IVV","lead":"IVV"},"sortino":{"a":0.37851504,"b":0.84356595,"edge":"IVV","lead":"IVV"},"calmar":{"a":0.0540318,"b":0.20469144,"edge":"IVV","lead":"IVV"}},"relative":{"XME":{"on":"IVV","beta":1.45396682,"r2":0.48715041,"alpha":-0.05651438,"alphaT":-0.96295276,"alphaLow":-0.17167371,"alphaHigh":0.05864496,"upsideCapture":1.47534647,"downsideCapture":1.24403762,"treynor":0.06629908,"trackingError":0.27590461,"informationRatio":-0.03179183,"upWeeks":616,"downWeeks":443,"treynorReference":0.10516818,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"XME","lead":"XME"},"downsideCapture":{"edge":"IVV","lead":"IVV"},"treynor":{"edge":"IVV","lead":"IVV"},"informationRatio":{"edge":null,"lead":"IVV","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"XME":{"kept":"2026-10-26","distributions":81,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":1060,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.51099594}},"IVV":{"kept":"2026-10-26","distributions":83,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":1060,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":7.71058765}}}}