{
 "data_end": "2026-11-12",
 "finlab_version": "2.3.8",
 "run_date": "2026-11-13",
 "etfs": {
  "0050": {
   "name": "元大台灣50",
   "listed": "2003-06-30",
   "index": "富時臺灣證券交易所臺灣50指數",
   "price_start": "2007-04-23",
   "since_listing": {
    "cagr": 0.14040549643185396,
    "sharpe": 0.7451810306724898,
    "mdd": -0.557527693458217,
    "volatility": 0.2105880005725896,
    "total": 12.058052788983712
   },
   "since_listing_0050": {
    "cagr": 0.14040549643185396,
    "sharpe": 0.7451810306724898,
    "mdd": -0.557527693458217,
    "volatility": 0.2105880005725896,
    "total": 12.058052788983712
   },
   "common": {
    "cagr": 0.42457496080883295,
    "sharpe": 1.602235636886826,
    "mdd": -0.27484989809549476,
    "volatility": 0.24880650952272954,
    "total": 2.613579572577805
   },
   "common_halves": [
    {
     "from": "2023-03-28",
     "to": "2025-01-14",
     "etf": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     },
     "0050": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     }
    },
    {
     "from": "2025-01-15",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     },
     "0050": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     }
    }
   ],
   "since_009816": {
    "cagr": 0.5351206666560904,
    "sharpe": 1.5244235357069595,
    "mdd": -0.20600858369098718,
    "volatility": 0.33354152595751413,
    "total": 0.3922453763240532
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "nav_splits": {
    "2025-06-18": 4.0
   },
   "nav_window": [
    "2023-03-28",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.4254605753368397,
    "sharpe": 1.5530556745631083,
    "mdd": -0.27605175856436037,
    "volatility": 0.2603665041442538,
    "total": 2.6217417383072243
   },
   "index_tr": {
    "cagr": 0.43075010542250824,
    "sharpe": 1.5681083222817236,
    "mdd": -0.2752123423047744,
    "volatility": 0.26033091248681717,
    "total": 2.670770539462998
   },
   "tracking_difference": -0.00528953008566857,
   "td_2024": -0.007881523219046116,
   "td_2025": -0.0034126358940369528,
   "premium_mean": 0.04050228310502284,
   "dividend_months_2025": [
    1,
    7
   ],
   "dividends_2025": 3.06,
   "holdings": {
    "date": "2026-11-12",
    "n": 50,
    "tsmc": 58.92,
    "top10": 78.9,
    "top3": [
     [
      "2330",
      58.92
     ],
     [
      "2454",
      5.83
     ],
     [
      "2317",
      3.02
     ]
    ],
    "max_weight": 58.92,
    "min_weight": 0.11,
    "corr_cap_ex_tsmc": 0.9703665758687728
   },
   "tsmc_weight": 58.92
  },
  "006208": {
   "name": "富邦台50",
   "listed": "2012-07-17",
   "index": "富時臺灣證券交易所臺灣50指數",
   "price_start": "2012-07-17",
   "since_listing": {
    "cagr": 0.19464846994043428,
    "sharpe": 1.080445220248842,
    "mdd": -0.33811173314515997,
    "volatility": 0.18574780819649706,
    "total": 11.770555577534662
   },
   "since_listing_0050": {
    "cagr": 0.1931418758104606,
    "sharpe": 1.06109977236717,
    "mdd": -0.33957005414581987,
    "volatility": 0.18838171869334117,
    "total": 11.541829396689902
   },
   "common": {
    "cagr": 0.4272436501931336,
    "sharpe": 1.6337257192376389,
    "mdd": -0.2744932432432433,
    "volatility": 0.2445654486036463,
    "total": 2.6382157556596146
   },
   "common_halves": [
    {
     "from": "2023-03-28",
     "to": "2025-01-14",
     "etf": {
      "cagr": 0.3358281058732604,
      "sharpe": 1.643054540219158,
      "mdd": -0.20644153724440328,
      "volatility": 0.19366929621436718,
      "total": 0.6861052553373488
     },
     "0050": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     }
    },
    {
     "from": "2025-01-15",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.5237048997501768,
      "sharpe": 1.6771910007303616,
      "mdd": -0.2744932432432433,
      "volatility": 0.2866173604984216,
      "total": 1.1577631314195083
     },
     "0050": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     }
    }
   ],
   "common_weekly_corr_0050": 0.9959869265202732,
   "since_009816": {
    "cagr": 0.5477770709491747,
    "sharpe": 1.5516840078903158,
    "mdd": -0.20985332831891712,
    "volatility": 0.3332762365030524,
    "total": 0.40109929679102585
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 1.481630817031391,
      "sharpe": 3.203889737493347,
      "mdd": -0.10585106382978726,
      "volatility": 0.3277329414314982,
      "total": 0.4380924170616116
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": -0.06759627639538812,
      "sharpe": -0.04668768988138212,
      "mdd": -0.2098533283189168,
      "volatility": 0.33716371376619064,
      "total": -0.025723743364263085
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "since_009816_weekly_corr_0050": 0.9964947571467434,
   "nav_splits": {},
   "nav_window": [
    "2023-03-28",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.42722282325085836,
    "sharpe": 1.5313086343197475,
    "mdd": -0.2757511637748632,
    "volatility": 0.2695726854314583,
    "total": 2.6380230205617803
   },
   "index_tr": {
    "cagr": 0.43075010542250824,
    "sharpe": 1.5757843823822808,
    "mdd": -0.2752123423047744,
    "volatility": 0.26243400873458395,
    "total": 2.670770539462999
   },
   "tracking_difference": -0.0035272821716498814,
   "td_2024": -0.004334960319641201,
   "td_2025": -0.0027513921977573297,
   "premium_mean": 0.0122543352601156,
   "dividend_months_2025": [
    7,
    11
   ],
   "dividends_2025": 4.437,
   "holdings": {
    "date": "2026-11-12",
    "n": 50,
    "tsmc": 58.9106,
    "top10": 78.86829999999999,
    "top3": [
     [
      "2330",
      58.9106
     ],
     [
      "2454",
      5.8274
     ],
     [
      "2317",
      3.013
     ]
    ],
    "max_weight": 58.9106,
    "min_weight": 0.1063,
    "corr_cap_ex_tsmc": 0.9702559906409932
   },
   "tsmc_weight": 58.9106
  },
  "00692": {
   "name": "富邦公司治理",
   "listed": "2017-05-17",
   "index": "臺灣證券交易所公司治理100 指數",
   "price_start": "2017-05-17",
   "since_listing": {
    "cagr": 0.22284679803611707,
    "sharpe": 1.2038930743878815,
    "mdd": -0.3085241812544298,
    "volatility": 0.18733757395314304,
    "total": 5.746950698256172
   },
   "since_listing_0050": {
    "cagr": 0.22863211014844964,
    "sharpe": 1.1198621770626918,
    "mdd": -0.339570054145821,
    "volatility": 0.20971154261899083,
    "total": 6.0560068066875266
   },
   "common": {
    "cagr": 0.39258340381173484,
    "sharpe": 1.6031457182327669,
    "mdd": -0.2654201590371801,
    "volatility": 0.2313460128112477,
    "total": 2.3275693999882856
   },
   "common_halves": [
    {
     "from": "2023-03-28",
     "to": "2025-01-14",
     "etf": {
      "cagr": 0.2980402999983811,
      "sharpe": 1.5701499929620968,
      "mdd": -0.19840359013373599,
      "volatility": 0.1824217621398782,
      "total": 0.6010300174782335
     },
     "0050": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     }
    },
    {
     "from": "2025-01-15",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.4927533029364566,
      "sharpe": 1.6755888455488042,
      "mdd": -0.2641550053821312,
      "volatility": 0.2716309025523659,
      "total": 1.0783928868676114
     },
     "0050": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     }
    }
   ],
   "common_weekly_corr_0050": 0.9942587407169067,
   "since_009816": {
    "cagr": 0.5330646774704446,
    "sharpe": 1.590096849384467,
    "mdd": -0.1940000000000004,
    "volatility": 0.31529698285080465,
    "total": 0.39080551955135756
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 1.3404667294135724,
      "sharpe": 3.1027751690417498,
      "mdd": -0.1026001405481376,
      "volatility": 0.3165388995232647,
      "total": 0.404817404817406
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": -0.026562568315828816,
      "sharpe": 0.06571037018151102,
      "mdd": -0.1940000000000004,
      "volatility": 0.3128340408008029,
      "total": -0.00997416832821052
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "since_009816_weekly_corr_0050": 0.9961934550625366,
   "nav_splits": {},
   "nav_window": [
    "2023-03-28",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.3940501590149166,
    "sharpe": 1.5326109440304074,
    "mdd": -0.2651612903225804,
    "volatility": 0.24479727974579743,
    "total": 2.3403108359454303
   },
   "index_tr": {
    "cagr": 0.39744305641067257,
    "sharpe": 1.5429042369923442,
    "mdd": -0.2647824822323178,
    "volatility": 0.24480288003739717,
    "total": 2.3699197369414025
   },
   "tracking_difference": -0.0033928973957559894,
   "td_2024": -0.003520687885034901,
   "td_2025": -0.0022382802745606334,
   "premium_mean": -0.051691259931895564,
   "dividend_months_2025": [
    7,
    11
   ],
   "dividends_2025": 1.88,
   "holdings": {
    "date": "2026-11-12",
    "n": 100,
    "tsmc": 54.3733,
    "top10": 76.288,
    "top3": [
     [
      "2330",
      54.3733
     ],
     [
      "2454",
      5.5411
     ],
     [
      "2317",
      3.0105
     ]
    ],
    "max_weight": 54.3733,
    "min_weight": 0.0083,
    "corr_cap_ex_tsmc": 0.9992180913447685
   },
   "tsmc_weight": 54.3733
  },
  "00850": {
   "name": "元大臺灣ESG永續",
   "listed": "2019-08-23",
   "index": "臺灣永續指數(FTSE4Good TIP Taiwan ESG Index)",
   "price_start": "2019-08-23",
   "since_listing": {
    "cagr": 0.2723361484980802,
    "sharpe": 1.3158524466451562,
    "mdd": -0.28045479155387076,
    "volatility": 0.20621178438919543,
    "total": 4.69484341881791
   },
   "since_listing_0050": {
    "cagr": 0.28529411599167953,
    "sharpe": 1.258171351480873,
    "mdd": -0.33957005414582,
    "volatility": 0.2276764179896231,
    "total": 5.127245577833143
   },
   "common": {
    "cagr": 0.38422897447575277,
    "sharpe": 1.575087916039452,
    "mdd": -0.26909226125776853,
    "volatility": 0.23156234327508826,
    "total": 2.255666401109658
   },
   "common_halves": [
    {
     "from": "2023-03-28",
     "to": "2025-01-14",
     "etf": {
      "cagr": 0.2876230524971406,
      "sharpe": 1.5984339807319567,
      "mdd": -0.18899570464307647,
      "volatility": 0.17293804975841595,
      "total": 0.5779224131571457
     },
     "0050": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     }
    },
    {
     "from": "2025-01-15",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.4867922408547465,
      "sharpe": 1.6282928600136632,
      "mdd": -0.25791070654529646,
      "volatility": 0.2781021917000746,
      "total": 1.0632613961009891
     },
     "0050": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     }
    }
   ],
   "common_weekly_corr_0050": 0.9710236297559033,
   "since_009816": {
    "cagr": 0.6144850067228622,
    "sharpe": 1.6730510599720243,
    "mdd": -0.21076458752515093,
    "volatility": 0.336677820798979,
    "total": 0.4474968882906156
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 1.7459271189371313,
      "sharpe": 3.5125525909844457,
      "mdd": -0.09624060150375946,
      "volatility": 0.3309763604349246,
      "total": 0.49746091579037843
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": -0.08710863223478649,
      "sharpe": -0.10595761233687068,
      "mdd": -0.21076458752515048,
      "volatility": 0.3398859382768304,
      "total": -0.03336583076920563
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "since_009816_weekly_corr_0050": 0.9801473482652638,
   "nav_splits": {},
   "nav_window": [
    "2023-03-28",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.3848039953341691,
    "sharpe": 1.5316879091033926,
    "mdd": -0.27053526728212385,
    "volatility": 0.23964664780507366,
    "total": 2.2605789413725654
   },
   "index_tr": {
    "cagr": 0.3933272567745023,
    "sharpe": 1.5550495488004676,
    "mdd": -0.2682800331697818,
    "volatility": 0.24023982631859928,
    "total": 2.3340267062285656
   },
   "tracking_difference": -0.008523261440333219,
   "td_2024": -0.005073336223037517,
   "td_2025": -0.006361575767458438,
   "premium_mean": -0.09247446083995461,
   "dividend_months_2025": [
    2,
    5,
    8,
    11
   ],
   "dividends_2025": 2.5599999999999996,
   "holdings": {
    "date": "2026-11-12",
    "n": 110,
    "tsmc": 30.21,
    "top10": 58.099999999999994,
    "top3": [
     [
      "2330",
      30.21
     ],
     [
      "2454",
      8.32
     ],
     [
      "2317",
      4.17
     ]
    ],
    "max_weight": 30.21,
    "min_weight": 0.03,
    "corr_cap_ex_tsmc": 0.9714805613868123
   },
   "tsmc_weight": 30.21
  },
  "00922": {
   "name": "國泰台灣領袖50",
   "listed": "2023-03-27",
   "index": "MSCI台灣領袖50精選指數",
   "price_start": "2023-03-27",
   "since_listing": {
    "cagr": 0.3922832415408062,
    "sharpe": 1.5834931507097318,
    "mdd": -0.2657443241088846,
    "volatility": 0.23454839044077413,
    "total": 2.324966291962937
   },
   "since_listing_0050": {
    "cagr": 0.42457496080883295,
    "sharpe": 1.602235636886826,
    "mdd": -0.27484989809549476,
    "volatility": 0.24880650952272954,
    "total": 2.613579572577805
   },
   "common": {
    "cagr": 0.3922832415408062,
    "sharpe": 1.5834931507097318,
    "mdd": -0.2657443241088846,
    "volatility": 0.23454839044077413,
    "total": 2.324966291962937
   },
   "common_halves": [
    {
     "from": "2023-03-28",
     "to": "2025-01-14",
     "etf": {
      "cagr": 0.2932046288285468,
      "sharpe": 1.583069362294416,
      "mdd": -0.19531914893617042,
      "volatility": 0.17800510415930224,
      "total": 0.5902848792180393
     },
     "0050": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     }
    },
    {
     "from": "2025-01-15",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.4976261308482044,
      "sharpe": 1.6463054993811992,
      "mdd": -0.2584448066546765,
      "volatility": 0.27990789842355324,
      "total": 1.0907991614671353
     },
     "0050": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     }
    }
   ],
   "common_weekly_corr_0050": 0.9738350546632146,
   "since_009816": {
    "cagr": 0.611551456991938,
    "sharpe": 1.6529189987813748,
    "mdd": -0.21906734772148595,
    "volatility": 0.34019623829099743,
    "total": 0.4454658133420628
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 1.7258854490794708,
      "sharpe": 3.4698305508764027,
      "mdd": -0.09982355572896762,
      "volatility": 0.332837574485768,
      "total": 0.49308249935031956
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": -0.08336448997419599,
      "sharpe": -0.08765702113510224,
      "mdd": -0.21906734772148595,
      "volatility": 0.34516725378329205,
      "total": -0.03189153046062487
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "since_009816_weekly_corr_0050": 0.9893314051106348,
   "nav_splits": {},
   "nav_window": [
    "2023-03-31",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.39347740372613926,
    "sharpe": 1.5565182693465998,
    "mdd": -0.2664008160059228,
    "volatility": 0.24931327633957634,
    "total": 2.335331215922453
   },
   "premium_mean": 0.011116333725029376,
   "dividend_months_2025": [
    3,
    10
   ],
   "dividends_2025": 1.88,
   "holdings": {
    "date": "2026-11-12",
    "n": 49,
    "tsmc": 41.31,
    "top10": 66.91,
    "top3": [
     [
      "2330",
      41.31
     ],
     [
      "2454",
      6.65
     ],
     [
      "2317",
      3.56
     ]
    ],
    "max_weight": 41.31,
    "min_weight": 0.29,
    "corr_cap_ex_tsmc": 0.9717843755422301
   },
   "tsmc_weight": 41.31
  },
  "00923": {
   "name": "群益台ESG低碳50(原簡稱:群益台灣ESG低碳)",
   "listed": "2023-03-08",
   "index": "臺灣指數公司特選臺灣ESG低碳50指數",
   "price_start": "2023-03-08",
   "since_listing": {
    "cagr": 0.3757845450364117,
    "sharpe": 1.5105686341772149,
    "mdd": -0.27283922784864334,
    "volatility": 0.23812868988614241,
    "total": 2.2374224956471345
   },
   "since_listing_0050": {
    "cagr": 0.42113831825382375,
    "sharpe": 1.5976233812904048,
    "mdd": -0.27484989809549454,
    "volatility": 0.24768177836053956,
    "total": 2.648123350703024
   },
   "common": {
    "cagr": 0.3805730809109935,
    "sharpe": 1.5197834900046958,
    "mdd": -0.2728392278486428,
    "volatility": 0.23934484233868691,
    "total": 2.2245585652008533
   },
   "common_halves": [
    {
     "from": "2023-03-28",
     "to": "2025-01-14",
     "etf": {
      "cagr": 0.2874272704447316,
      "sharpe": 1.5362688644923426,
      "mdd": -0.21177432542927221,
      "volatility": 0.18071860795587746,
      "total": 0.577489562168477
     },
     "0050": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     }
    },
    {
     "from": "2025-01-15",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.4792181926390733,
      "sharpe": 1.571028994361726,
      "mdd": -0.2487448653582841,
      "volatility": 0.28623088893220044,
      "total": 1.0441077028543058
     },
     "0050": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     }
    }
   ],
   "common_weekly_corr_0050": 0.9748240860383375,
   "since_009816": {
    "cagr": 0.5640540260816322,
    "sharpe": 1.516577460690345,
    "mdd": -0.22901650778888627,
    "volatility": 0.3527404719837889,
    "total": 0.41246179907612035
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 1.821422513888722,
      "sharpe": 3.427097051392581,
      "mdd": -0.10623781676413235,
      "volatility": 0.3497407341342414,
      "total": 0.513784031114163
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": -0.16977475684983567,
      "sharpe": -0.36488457016618164,
      "mdd": -0.22901650778888605,
      "volatility": 0.35265656773854265,
      "total": -0.06693308289391064
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "since_009816_weekly_corr_0050": 0.9907638955083907,
   "nav_splits": {},
   "nav_window": [
    "2023-03-28",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.3809606187620207,
    "sharpe": 1.4604191222797334,
    "mdd": -0.27175783309159984,
    "volatility": 0.25129355418243,
    "total": 2.2278458597861874
   },
   "index_tr": {
    "cagr": 0.3893152082928699,
    "sharpe": 1.4865047701167302,
    "mdd": -0.2675694011314276,
    "volatility": 0.2510600842711514,
    "total": 2.2993058704916245
   },
   "tracking_difference": -0.008354589530849221,
   "td_2024": -0.008270759411481476,
   "td_2025": -0.012001019964761106,
   "premium_mean": -0.11651532349602724,
   "dividend_months_2025": [
    2,
    8
   ],
   "dividends_2025": 1.693,
   "holdings": {
    "date": "2026-11-12",
    "n": 50,
    "tsmc": 43.9943,
    "top10": 73.19250000000001,
    "top3": [
     [
      "2330",
      43.9943
     ],
     [
      "2454",
      8.9306
     ],
     [
      "2317",
      4.4938
     ]
    ],
    "max_weight": 43.9943,
    "min_weight": 0.1578,
    "corr_cap_ex_tsmc": 0.9720066730588667
   },
   "tsmc_weight": 43.9943
  },
  "00905": {
   "name": "FT臺灣Smart",
   "listed": "2022-04-21",
   "index": "臺灣指數公司特選Smart多因子指數 (簡稱「特選Smart多因子指數」)",
   "price_start": "2022-04-21",
   "since_listing": {
    "cagr": 0.2748625822698436,
    "sharpe": 1.1967185919489216,
    "mdd": -0.3108141396723738,
    "volatility": 0.23342588834864106,
    "total": 2.027232727428742
   },
   "since_listing_0050": {
    "cagr": 0.3105855475446868,
    "sharpe": 1.271591937662284,
    "mdd": -0.27484989809549454,
    "volatility": 0.24419015618033446,
    "total": 2.433918985037028
   },
   "common": {
    "cagr": 0.380678857296636,
    "sharpe": 1.5048176493959478,
    "mdd": -0.3108141396723727,
    "volatility": 0.24230032143855992,
    "total": 2.2254555738961925
   },
   "common_halves": [
    {
     "from": "2023-03-28",
     "to": "2025-01-14",
     "etf": {
      "cagr": 0.31929483143138904,
      "sharpe": 1.674543267177926,
      "mdd": -0.21607378129117238,
      "volatility": 0.18093534818527782,
      "total": 0.6486407901639846
     },
     "0050": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     }
    },
    {
     "from": "2025-01-15",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.4441310192826533,
      "sharpe": 1.4639163315690378,
      "mdd": -0.2724039829302982,
      "volatility": 0.29107658887028875,
      "total": 0.9564331982683576
     },
     "0050": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     }
    }
   ],
   "common_weekly_corr_0050": 0.9450856378444522,
   "since_009816": {
    "cagr": 0.48932997657530164,
    "sharpe": 1.360644361172623,
    "mdd": -0.2310845102321616,
    "volatility": 0.356061948338495,
    "total": 0.36007164501907196
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 1.7443468042232184,
      "sharpe": 3.42815240906574,
      "mdd": -0.09749034749034768,
      "volatility": 0.3397760576814565,
      "total": 0.49711636937336734
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": -0.22727559383193063,
      "sharpe": -0.5314980295248445,
      "mdd": -0.23108451023216137,
      "volatility": 0.36849947757815243,
      "total": -0.09153912625486516
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "since_009816_weekly_corr_0050": 0.964262220866867,
   "nav_splits": {},
   "nav_window": [
    "2023-03-28",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.3805256987859167,
    "sharpe": 1.4712798038146935,
    "mdd": -0.2775690866182836,
    "volatility": 0.24885672916392468,
    "total": 2.2241568122281374
   },
   "index_tr": {
    "cagr": 0.3935546574754334,
    "sharpe": 1.5117477107547954,
    "mdd": -0.272898485394093,
    "volatility": 0.24861380820146972,
    "total": 2.336002557536892
   },
   "tracking_difference": -0.013028958689516701,
   "td_2024": -0.012621348316037784,
   "td_2025": -0.008674871791634953,
   "premium_mean": -0.14977298524404084,
   "dividend_months_2025": [
    4,
    7,
    10
   ],
   "dividends_2025": 0.4,
   "holdings": {
    "date": "2026-11-12",
    "n": 142,
    "tsmc": 31.44,
    "top10": 66.41000000000001,
    "top3": [
     [
      "2330",
      31.44
     ],
     [
      "2454",
      6.08
     ],
     [
      "2317",
      4.52
     ]
    ],
    "max_weight": 31.44,
    "min_weight": 0.02,
    "corr_cap_ex_tsmc": 0.9447338168767621
   },
   "tsmc_weight": 31.44
  },
  "00912": {
   "name": "中信臺灣智慧 50",
   "listed": "2022-06-29",
   "index": "臺灣指數公司特選臺灣上市上櫃智慧50指數",
   "price_start": "2022-06-29",
   "since_listing": {
    "cagr": 0.27050532175141195,
    "sharpe": 1.1899965126810457,
    "mdd": -0.2664854935656462,
    "volatility": 0.2315864570945587,
    "total": 1.8485336956431428
   },
   "since_listing_0050": {
    "cagr": 0.3600928196690951,
    "sharpe": 1.4246149531250456,
    "mdd": -0.27484989809549487,
    "volatility": 0.24544194111304352,
    "total": 2.8371443204012112
   },
   "common": {
    "cagr": 0.31804971538144167,
    "sharpe": 1.3524084115026118,
    "mdd": -0.26648549356564655,
    "volatility": 0.23209215133869526,
    "total": 1.7252051088192957
   },
   "common_halves": [
    {
     "from": "2023-03-28",
     "to": "2025-01-14",
     "etf": {
      "cagr": 0.21705507200420238,
      "sharpe": 1.286263870061211,
      "mdd": -0.18374799736122926,
      "volatility": 0.16907067635986514,
      "total": 0.42534646647774976
     },
     "0050": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     }
    },
    {
     "from": "2025-01-15",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.42606099578898426,
      "sharpe": 1.4577040066192033,
      "mdd": -0.2531120331950204,
      "volatility": 0.2813181726265163,
      "total": 0.9119597746319843
     },
     "0050": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     }
    }
   ],
   "common_weekly_corr_0050": 0.945257290474406,
   "since_009816": {
    "cagr": 0.6105555821055069,
    "sharpe": 1.6417986676467846,
    "mdd": -0.23772784915058542,
    "volatility": 0.3426627348760896,
    "total": 0.44477611703027864
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 1.6821668692237486,
      "sharpe": 3.476692481869973,
      "mdd": -0.09154383242823882,
      "volatility": 0.32650272949390513,
      "total": 0.4834639758636119
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": -0.06851013164786823,
      "sharpe": -0.028025363371522862,
      "mdd": -0.23772784915058542,
      "volatility": 0.3562181037800552,
      "total": -0.026079405676710632
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "since_009816_weekly_corr_0050": 0.9645535874525872,
   "nav_splits": {},
   "nav_window": [
    "2023-03-28",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.31774571189777845,
    "sharpe": 1.2261578268303939,
    "mdd": -0.26509150772268175,
    "volatility": 0.267618834206587,
    "total": 1.7229238869939882
   },
   "index_tr": {
    "cagr": 0.33074979989884357,
    "sharpe": 1.359284531389307,
    "mdd": -0.2617392921760603,
    "volatility": 0.2447732240272637,
    "total": 1.8217490147117705
   },
   "tracking_difference": -0.013004088001065117,
   "td_2024": -0.010023432712169322,
   "td_2025": -0.012351359273824913,
   "premium_mean": -0.16599537037037038,
   "dividend_months_2025": [
    1,
    4,
    7,
    10
   ],
   "dividends_2025": 1.05,
   "holdings": {
    "date": "2026-11-12",
    "n": 50,
    "tsmc": 44.08,
    "top10": 72.06,
    "top3": [
     [
      "2330",
      44.08
     ],
     [
      "2454",
      4.08
     ],
     [
      "2408",
      3.9
     ]
    ],
    "max_weight": 44.08,
    "min_weight": 0.02,
    "corr_cap_ex_tsmc": 0.25831211603459464
   },
   "tsmc_weight": 44.08
  },
  "00690": {
   "name": "兆豐藍籌30",
   "listed": "2017-03-31",
   "index": "藍籌30指數",
   "price_start": "2017-03-31",
   "since_listing": {
    "cagr": 0.21073770616744691,
    "sharpe": 1.101599738242211,
    "mdd": -0.3145780051150888,
    "volatility": 0.19723340450146915,
    "total": 5.291893332596336
   },
   "since_listing_0050": {
    "cagr": 0.22967683904269243,
    "sharpe": 1.1295507008326806,
    "mdd": -0.33957005414582,
    "volatility": 0.20859614358615147,
    "total": 6.304929706245053
   },
   "common": {
    "cagr": 0.40821393513079585,
    "sharpe": 1.548973898254656,
    "mdd": -0.2674825174825176,
    "volatility": 0.24978478649493951,
    "total": 2.465174873983341
   },
   "common_halves": [
    {
     "from": "2023-03-28",
     "to": "2025-01-14",
     "etf": {
      "cagr": 0.2641213425265785,
      "sharpe": 1.5293333099497648,
      "mdd": -0.19224724986904151,
      "volatility": 0.16767803017767882,
      "total": 0.5263415701824266
     },
     "0050": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     }
    },
    {
     "from": "2025-01-15",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.5667014095728617,
      "sharpe": 1.663723914501717,
      "mdd": -0.2674825174825173,
      "volatility": 0.3108020308747452,
      "total": 1.270248640066319
     },
     "0050": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     }
    }
   ],
   "common_weekly_corr_0050": 0.9415455756276682,
   "since_009816": {
    "cagr": 0.6355841671610392,
    "sharpe": 1.5269551090257205,
    "mdd": -0.2674825174825173,
    "volatility": 0.3905611090820986,
    "total": 0.46208045741840365
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 2.2822860257750857,
      "sharpe": 3.6473657136830826,
      "mdd": -0.10045413260672109,
      "volatility": 0.376937066593163,
      "total": 0.6081599720735471
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": -0.2256693223964128,
      "sharpe": -0.45549488221463086,
      "mdd": -0.2674825174825175,
      "volatility": 0.3997603007602054,
      "total": -0.09083643243948636
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "since_009816_weekly_corr_0050": 0.9688266378053039,
   "nav_splits": {},
   "nav_window": [
    "2023-03-28",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.40304896377415966,
    "sharpe": 1.4637967283973714,
    "mdd": -0.27409638554216853,
    "volatility": 0.2642838415584529,
    "total": 2.4192569853997004
   },
   "index_tr": {
    "cagr": 0.41443930492946324,
    "sharpe": 1.490153170830001,
    "mdd": -0.27544230479863774,
    "volatility": 0.2654605583403676,
    "total": 2.5211118200911877
   },
   "tracking_difference": -0.011390341155303574,
   "td_2024": -0.011992342524560273,
   "td_2025": -0.008807426111444139,
   "premium_mean": -0.17888762769580022,
   "dividend_months_2025": [
    2,
    5,
    8,
    11
   ],
   "dividends_2025": 2.65,
   "holdings": {
    "date": "2026-11-11",
    "n": 30,
    "tsmc": 27.75,
    "top10": 74.67,
    "top3": [
     [
      "2330",
      27.75
     ],
     [
      "2454",
      15.92
     ],
     [
      "2308",
      7.22
     ]
    ],
    "max_weight": 27.75,
    "min_weight": 0.36,
    "corr_cap_ex_tsmc": 0.9915560604684069
   },
   "tsmc_weight": 27.75
  },
  "00921": {
   "name": "兆豐龍頭等權重",
   "listed": "2023-01-13",
   "index": "臺灣指數公司特選臺灣產業龍頭存股等權重指數",
   "price_start": "2023-01-13",
   "since_listing": {
    "cagr": 0.18218481883361815,
    "sharpe": 1.0934529362931675,
    "mdd": -0.25879342988019993,
    "volatility": 0.17423733143322032,
    "total": 0.8984685429924613
   },
   "since_listing_0050": {
    "cagr": 0.4198058240293303,
    "sharpe": 1.6128246624382065,
    "mdd": -0.27484989809549487,
    "volatility": 0.24649194658748366,
    "total": 2.8289125139605753
   },
   "common": {
    "cagr": 0.17633449620152142,
    "sharpe": 1.044729779453183,
    "mdd": -0.2587934298801986,
    "volatility": 0.17644796847395372,
    "total": 0.8032437716296708
   },
   "common_halves": [
    {
     "from": "2023-03-28",
     "to": "2025-01-14",
     "etf": {
      "cagr": 0.1322350965838881,
      "sharpe": 1.0433169285358572,
      "mdd": -0.12647209421402983,
      "volatility": 0.131383575564926,
      "total": 0.2511655913996491
     },
     "0050": {
      "cagr": 0.33345695843665313,
      "sharpe": 1.5418471939591063,
      "mdd": -0.2130150895296976,
      "volatility": 0.206921556091276,
      "total": 0.6807091835843666
     }
    },
    {
     "from": "2025-01-15",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.22159155561836252,
      "sharpe": 1.0909616967008517,
      "mdd": -0.2241315273089426,
      "volatility": 0.2121971908027447,
      "total": 0.44125108940409974
     },
     "0050": {
      "cagr": 0.5207131723034715,
      "sharpe": 1.6793580230321465,
      "mdd": -0.273720814704421,
      "volatility": 0.2846750809353642,
      "total": 1.1500326218669787
     }
    }
   ],
   "common_weekly_corr_0050": 0.7219980238499214,
   "since_009816": {
    "cagr": 0.4072136904062229,
    "sharpe": 1.696041555474672,
    "mdd": -0.13701431492842575,
    "volatility": 0.22844648369852,
    "total": 0.3018019774577294
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 0.8646868061429298,
      "sharpe": 2.9593601684968265,
      "mdd": -0.06311945748565462,
      "volatility": 0.24051531784565958,
      "total": 0.2828275294657385
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": 0.040220815680137356,
      "sharpe": 0.2935619065091694,
      "mdd": -0.13701431492842553,
      "volatility": 0.21507561493419874,
      "total": 0.014791113813946488
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "since_009816_weekly_corr_0050": 0.8226291016287304,
   "nav_splits": {},
   "nav_window": [
    "2023-03-28",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.17567294843185088,
    "sharpe": 0.9700628298152001,
    "mdd": -0.25384771806512774,
    "volatility": 0.19250412095911099,
    "total": 0.7995648810185569
   },
   "index_tr": {
    "cagr": 0.18562385508174617,
    "sharpe": 1.0682187258267357,
    "mdd": -0.25035195728949045,
    "volatility": 0.1809953801376678,
    "total": 0.8554796759459631
   },
   "tracking_difference": -0.009950906649895286,
   "td_2024": -0.005866531972759992,
   "td_2025": -0.00426570285340766,
   "premium_mean": -0.26012485811577757,
   "dividend_months_2025": [
    3,
    6,
    9,
    12
   ],
   "dividends_2025": 0.585,
   "holdings": {
    "date": "2026-11-11",
    "n": 33,
    "tsmc": 3.05,
    "top10": 41.17,
    "top3": [
     [
      "1303",
      8.64
     ],
     [
      "6446",
      4.59
     ],
     [
      "6214",
      3.91
     ]
    ],
    "max_weight": 8.64,
    "min_weight": 1.72,
    "corr_cap_ex_tsmc": 0.16143417808398983
   },
   "tsmc_weight": 3.05
  },
  "009816": {
   "name": "凱基台灣TOP50",
   "listed": "2026-02-03",
   "index": "臺灣指數公司特選臺灣TOP 50指數",
   "price_start": "2026-02-03",
   "since_listing": {
    "cagr": 0.6376207948527428,
    "sharpe": 1.7410488897190923,
    "mdd": -0.18640093786635414,
    "volatility": 0.3310180486252499,
    "total": 0.46348588120739875
   },
   "since_listing_0050": {
    "cagr": 0.5351206666560904,
    "sharpe": 1.5244235357069595,
    "mdd": -0.20600858369098718,
    "volatility": 0.33354152595751413,
    "total": 0.3922453763240532
   },
   "since_009816": {
    "cagr": 0.6376207948527428,
    "sharpe": 1.7410488897190923,
    "mdd": -0.18640093786635414,
    "volatility": 0.3310180486252499,
    "total": 0.46348588120739875
   },
   "since_009816_halves": [
    {
     "from": "2026-02-04",
     "to": "2026-06-29",
     "etf": {
      "cagr": 1.601353239170893,
      "sharpe": 3.3258713348109303,
      "mdd": -0.10975609756097537,
      "volatility": 0.33169045676876585,
      "total": 0.4654333008763387
     },
     "0050": {
      "cagr": 1.4545664477659832,
      "sharpe": 3.111006250281756,
      "mdd": -0.10844115834873724,
      "volatility": 0.3343110344219812,
      "total": 0.43180260452364605
     }
    },
    {
     "from": "2026-06-30",
     "to": "2026-11-12",
     "etf": {
      "cagr": -0.003564989537580998,
      "sharpe": 0.15048233769967337,
      "mdd": -0.18640093786635403,
      "volatility": 0.3287922731045435,
      "total": -0.001328903654484903
     },
     "0050": {
      "cagr": -0.0724815095610839,
      "sharpe": -0.06982744548404189,
      "mdd": -0.2060085836909874,
      "volatility": 0.3311966069234374,
      "total": -0.027627571059457012
     }
    }
   ],
   "since_009816_weekly_corr_0050": 0.986466211460385,
   "nav_splits": {},
   "nav_window": [
    "2026-02-04",
    "2026-11-12"
   ],
   "nav_tr": {
    "cagr": 0.6424211041334271,
    "sharpe": 1.71806703321706,
    "mdd": -0.1866197183098589,
    "volatility": 0.3388059391373818,
    "total": 0.4667968750000018
   },
   "index_tr": {
    "cagr": 0.6713200332797531,
    "sharpe": 1.7707712056108371,
    "mdd": -0.18538371790907482,
    "volatility": 0.33923852545787014,
    "total": 0.48668347726577177
   },
   "tracking_difference": -0.02889892914632597,
   "listing_month_gap": -0.006174716674594682,
   "premium_mean": 0.1418478260869565,
   "dividend_months_2025": [],
   "dividends_2025": 0.0,
   "holdings": {
    "date": "2026-11-12",
    "n": 50,
    "tsmc": 41.32,
    "top10": 65.91,
    "top3": [
     [
      "2330",
      41.32
     ],
     [
      "2454",
      5.53
     ],
     [
      "2317",
      2.82
     ]
    ],
    "max_weight": 41.32,
    "min_weight": 0.2,
    "corr_cap_ex_tsmc": 0.8318767463109075
   },
   "tsmc_weight": 41.32
  }
 },
 "cap_weighted": {
  "start": "2014-01-02",
  "end": "2026-11-12",
  "original": [
   50,
   0.2
  ],
  "grid": [
   {
    "cagr": 0.14192774135974884,
    "sharpe": 0.8440791683705187,
    "mdd": -0.2684863608601372,
    "volatility": 0.18224869068787966,
    "total": 4.510798756334819,
    "params": [
     30,
     0.1
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.15951715615021467,
    "sharpe": 0.9151584409384692,
    "mdd": -0.2730800694719565,
    "volatility": 0.18613774409120362,
    "total": 5.70786450846669,
    "params": [
     30,
     0.2
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.17537126518865853,
    "sharpe": 0.9713790177054764,
    "mdd": -0.29275163577611285,
    "volatility": 0.19069467648438365,
    "total": 6.987838839829473,
    "params": [
     30,
     0.3
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.14957332727797934,
    "sharpe": 0.895643426218607,
    "mdd": -0.276186945828912,
    "volatility": 0.17876048191197863,
    "total": 5.004579883098367,
    "params": [
     50,
     0.1
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.16713506903204722,
    "sharpe": 0.9662158846749817,
    "mdd": -0.2825167659042501,
    "volatility": 0.18264709209588856,
    "total": 6.297203390660396,
    "params": [
     50,
     0.2
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.17955422622866268,
    "sharpe": 1.005245931925427,
    "mdd": -0.3028799756810431,
    "volatility": 0.18728746992945816,
    "total": 7.361221999960874,
    "params": [
     50,
     0.3
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.15644744779761988,
    "sharpe": 0.9392172475283275,
    "mdd": -0.280098812012189,
    "volatility": 0.17663883524226687,
    "total": 5.483047809825436,
    "params": [
     100,
     0.1
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.17268042704097586,
    "sharpe": 1.0025070492073873,
    "mdd": -0.2795175887158703,
    "volatility": 0.18055334331655723,
    "total": 6.755840306226504,
    "params": [
     100,
     0.2
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.18207199326839119,
    "sharpe": 1.0279394528226082,
    "mdd": -0.2997134486542268,
    "volatility": 0.184867038115946,
    "total": 7.593657457526868,
    "params": [
     100,
     0.3
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   }
  ],
  "strategy": {
   "cagr": 0.16713506903204722,
   "sharpe": 0.9662158846749817,
   "mdd": -0.2825167659042501,
   "volatility": 0.18264709209588856,
   "total": 6.297203390660396
  },
  "benchmark": {
   "cagr": 0.19671462620409197,
   "sharpe": 1.052255158856868,
   "mdd": -0.339570054145819,
   "volatility": 0.19436133740554792,
   "total": 9.06779925662154
  },
  "trades": 2603,
  "avg_tsmc_weight": 0.19907533820321893,
  "avg_names": 50.0,
  "turnover_one_way_annual": 0.11917968747687245,
  "halves": [
   {
    "from": "2014-01-03",
    "to": "2020-06-02",
    "strategy": {
     "cagr": 0.08490323113247067,
     "sharpe": 0.638629831668062,
     "mdd": -0.2753083527174729,
     "volatility": 0.14899386950265514,
     "total": 0.6866526440660916
    },
    "benchmark": {
     "cagr": 0.09468061917909498,
     "sharpe": 0.6793061415349381,
     "mdd": -0.2821765217243086,
     "volatility": 0.15502927581325637,
     "total": 0.7865714416470388
    },
    "wins": false
   },
   {
    "from": "2020-06-03",
    "to": "2026-11-12",
    "strategy": {
     "cagr": 0.25517119164231494,
     "sharpe": 1.222238504914424,
     "mdd": -0.28251676590424946,
     "volatility": 0.21092537381931029,
     "total": 3.326441141472225
    },
    "benchmark": {
     "cagr": 0.3077144206431557,
     "sharpe": 1.338825001014825,
     "mdd": -0.33957005414581964,
     "volatility": 0.2268579541962066,
     "total": 4.6352626163888875
    },
    "wins": false
   }
  ],
  "neighbor_wins": 0,
  "neighbor_total": 9,
  "yearly": {
   "2014": 0.15692131389271657,
   "2015": -0.05456137043345888,
   "2016": 0.19246930320918398,
   "2017": 0.15734124285594753,
   "2018": -0.03303997292799998,
   "2019": 0.2628737830503549,
   "2020": 0.19678457961342533,
   "2021": 0.2375873510193205,
   "2022": -0.20537879761558264,
   "2023": 0.25249422464070537,
   "2024": 0.2646984351207722,
   "2025": 0.29882521942404927,
   "2026": 0.6348456563411493
  },
  "benchmark_yearly": {
   "2014": 0.16962889246017765,
   "2015": -0.06280615630958641,
   "2016": 0.1964842757709706,
   "2017": 0.18138874239143,
   "2018": -0.049384989436502824,
   "2019": 0.3352114527174266,
   "2020": 0.3113903691526676,
   "2021": 0.21923260965899605,
   "2022": -0.21374671620267005,
   "2023": 0.27515201903882147,
   "2024": 0.48643994823530123,
   "2025": 0.3683209302688635,
   "2026": 0.5700885952747217
  },
  "without_lead_year": {
   "year": 2026,
   "strategy_sharpe": 0.8635772957197226,
   "benchmark_sharpe": 0.9699181135245504,
   "wins": false
  },
  "without_each_year": {
   "2014": {
    "strategy_sharpe": 0.9531686213218739,
    "benchmark_sharpe": 1.041844201456379
   },
   "2015": {
    "strategy_sharpe": 1.061429717516046,
    "benchmark_sharpe": 1.1513520638917387
   },
   "2016": {
    "strategy_sharpe": 0.9445845378192647,
    "benchmark_sharpe": 1.03859480725068
   },
   "2017": {
    "strategy_sharpe": 0.9476107090277294,
    "benchmark_sharpe": 1.031967141928304
   },
   "2018": {
    "strategy_sharpe": 1.0480023374664655,
    "benchmark_sharpe": 1.1459813870457345
   },
   "2019": {
    "strategy_sharpe": 0.9092114739269126,
    "benchmark_sharpe": 0.9833402676165242
   },
   "2020": {
    "strategy_sharpe": 0.9644215209669619,
    "benchmark_sharpe": 1.0268394950204438
   },
   "2021": {
    "strategy_sharpe": 0.9349755178423002,
    "benchmark_sharpe": 1.0384805216346176
   },
   "2022": {
    "strategy_sharpe": 1.1536422587243234,
    "benchmark_sharpe": 1.2555654004331234
   },
   "2023": {
    "strategy_sharpe": 0.9143420752593941,
    "benchmark_sharpe": 1.0068666619484143
   },
   "2024": {
    "strategy_sharpe": 0.9335039129299,
    "benchmark_sharpe": 0.9766832794751907
   },
   "2025": {
    "strategy_sharpe": 0.9325043804351996,
    "benchmark_sharpe": 1.0136178917946144
   },
   "2026": {
    "strategy_sharpe": 0.8635772957197226,
    "benchmark_sharpe": 0.9699181135245504
   }
  },
  "no_cost": {
   "cagr": 0.16812240295903935,
   "sharpe": 0.9710990782425487,
   "mdd": -0.2819436848661241,
   "volatility": 0.18262471672892908,
   "total": 6.376986232035926
  },
  "weekly_corr_0050": 0.9576978259367525,
  "checks": {
   "neighbors": false,
   "halves": false,
   "full_with_costs": false,
   "without_lead_year": false
  },
  "passed": false
 },
 "equal_weighted": {
  "start": "2014-01-02",
  "end": "2026-11-12",
  "original": [
   50,
   "Q"
  ],
  "grid": [
   {
    "cagr": 0.1319117708443931,
    "sharpe": 0.8246241981974166,
    "mdd": -0.2757760692012887,
    "volatility": 0.17365578639314028,
    "total": 3.9205402308973483,
    "params": [
     30,
     "M"
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.12784440840774414,
    "sharpe": 0.8109481406909563,
    "mdd": -0.269143204043084,
    "volatility": 0.1715448271603678,
    "total": 3.697947317333715,
    "params": [
     30,
     "Q"
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.12749173638778588,
    "sharpe": 0.8112048425829362,
    "mdd": -0.27003236343805026,
    "volatility": 0.17096825528835907,
    "total": 3.679091074042754,
    "params": [
     30,
     "H"
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.14490735119132125,
    "sharpe": 0.913041950580381,
    "mdd": -0.28694330166681514,
    "volatility": 0.16887995898466238,
    "total": 4.698599273261103,
    "params": [
     50,
     "M"
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.14359316219434448,
    "sharpe": 0.904982216604889,
    "mdd": -0.28960147292631255,
    "volatility": 0.16911349624714866,
    "total": 4.615052036473752,
    "params": [
     50,
     "Q"
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.1510031466304116,
    "sharpe": 0.9413315669531012,
    "mdd": -0.28888105786014906,
    "volatility": 0.1697960963565501,
    "total": 5.101332600378414,
    "params": [
     50,
     "H"
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.14144821218260328,
    "sharpe": 0.8902558942620277,
    "mdd": -0.3005475336491178,
    "volatility": 0.1699073264574111,
    "total": 4.481113544336568,
    "params": [
     100,
     "M"
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.15490454237257345,
    "sharpe": 0.957747742535479,
    "mdd": -0.2998475519039081,
    "volatility": 0.1707329999597109,
    "total": 5.37269330442807,
    "params": [
     100,
     "Q"
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   },
   {
    "cagr": 0.15806158366787404,
    "sharpe": 0.975995725459339,
    "mdd": -0.2998626662759133,
    "volatility": 0.17036700411236486,
    "total": 5.600381182208716,
    "params": [
     100,
     "H"
    ],
    "benchmark_sharpe": 1.052255158856868,
    "wins": false
   }
  ],
  "strategy": {
   "cagr": 0.14359316219434448,
   "sharpe": 0.904982216604889,
   "mdd": -0.28960147292631255,
   "volatility": 0.16911349624714866,
   "total": 4.615052036473752
  },
  "benchmark": {
   "cagr": 0.19671462620409197,
   "sharpe": 1.052255158856868,
   "mdd": -0.339570054145819,
   "volatility": 0.19436133740554792,
   "total": 9.06779925662154
  },
  "trades": 2603,
  "avg_tsmc_weight": 0.02,
  "avg_names": 50.0,
  "turnover_one_way_annual": 0.3694433625899309,
  "halves": [
   {
    "from": "2014-01-03",
    "to": "2020-06-02",
    "strategy": {
     "cagr": 0.06467113707323469,
     "sharpe": 0.5220019684652173,
     "mdd": -0.28960147292631255,
     "volatility": 0.14361499943708805,
     "total": 0.4947943251477913
    },
    "benchmark": {
     "cagr": 0.09468061917909498,
     "sharpe": 0.6793061415349381,
     "mdd": -0.2821765217243086,
     "volatility": 0.15502927581325637,
     "total": 0.7865714416470388
    },
    "wins": false
   },
   {
    "from": "2020-06-03",
    "to": "2026-11-12",
    "strategy": {
     "cagr": 0.22795512902659287,
     "sharpe": 1.2090311150725346,
     "mdd": -0.25999914972467997,
     "volatility": 0.1911630710694632,
     "total": 2.7564044377266166
    },
    "benchmark": {
     "cagr": 0.3077144206431557,
     "sharpe": 1.338825001014825,
     "mdd": -0.33957005414581964,
     "volatility": 0.2268579541962066,
     "total": 4.6352626163888875
    },
    "wins": false
   }
  ],
  "neighbor_wins": 0,
  "neighbor_total": 9,
  "yearly": {
   "2014": 0.1469453069744291,
   "2015": -0.10174717032880887,
   "2016": 0.12896933908878072,
   "2017": 0.11990930770885,
   "2018": -0.014329714793792081,
   "2019": 0.2667081986549398,
   "2020": 0.1190561329789872,
   "2021": 0.30924944199835136,
   "2022": -0.19590786549058536,
   "2023": 0.23845167384840993,
   "2024": 0.0618414457134,
   "2025": 0.2696706802578861,
   "2026": 0.7552109693349429
  },
  "benchmark_yearly": {
   "2014": 0.16962889246017765,
   "2015": -0.06280615630958641,
   "2016": 0.1964842757709706,
   "2017": 0.18138874239143,
   "2018": -0.049384989436502824,
   "2019": 0.3352114527174266,
   "2020": 0.3113903691526676,
   "2021": 0.21923260965899605,
   "2022": -0.21374671620267005,
   "2023": 0.27515201903882147,
   "2024": 0.48643994823530123,
   "2025": 0.3683209302688635,
   "2026": 0.5700885952747217
  },
  "without_lead_year": {
   "year": 2026,
   "strategy_sharpe": 0.7320129373528028,
   "benchmark_sharpe": 0.9699181135245504,
   "wins": false
  },
  "without_each_year": {
   "2014": {
    "strategy_sharpe": 0.8884281883612745,
    "benchmark_sharpe": 1.041844201456379
   },
   "2015": {
    "strategy_sharpe": 1.0275764246809616,
    "benchmark_sharpe": 1.1513520638917387
   },
   "2016": {
    "strategy_sharpe": 0.9036085574330335,
    "benchmark_sharpe": 1.03859480725068
   },
   "2017": {
    "strategy_sharpe": 0.8931731278232058,
    "benchmark_sharpe": 1.031967141928304
   },
   "2018": {
    "strategy_sharpe": 0.9752278486210001,
    "benchmark_sharpe": 1.1459813870457345
   },
   "2019": {
    "strategy_sharpe": 0.8330753200892344,
    "benchmark_sharpe": 0.9833402676165242
   },
   "2020": {
    "strategy_sharpe": 0.9323918070684817,
    "benchmark_sharpe": 1.0268394950204438
   },
   "2021": {
    "strategy_sharpe": 0.8340048843858205,
    "benchmark_sharpe": 1.0384805216346176
   },
   "2022": {
    "strategy_sharpe": 1.0899864687911422,
    "benchmark_sharpe": 1.2555654004331234
   },
   "2023": {
    "strategy_sharpe": 0.8471311938378988,
    "benchmark_sharpe": 1.0068666619484143
   },
   "2024": {
    "strategy_sharpe": 0.9382717876512653,
    "benchmark_sharpe": 0.9766832794751907
   },
   "2025": {
    "strategy_sharpe": 0.8650555407425703,
    "benchmark_sharpe": 1.0136178917946144
   },
   "2026": {
    "strategy_sharpe": 0.7320129373528028,
    "benchmark_sharpe": 0.9699181135245504
   }
  },
  "no_cost": {
   "cagr": 0.14607380963946714,
   "sharpe": 0.9186389108924088,
   "mdd": -0.28914521435131213,
   "volatility": 0.1690808687789971,
   "total": 4.773713621872317
  },
  "weekly_corr_0050": 0.8721950762214434,
  "checks": {
   "neighbors": false,
   "halves": false,
   "full_with_costs": false,
   "without_lead_year": false
  },
  "passed": false
 },
 "reference": {
  "uncapped_top50_q": {
   "cagr": 0.1883805208495195,
   "sharpe": 1.0184955847023973,
   "mdd": -0.32492003840167116,
   "volatility": 0.1935789879008387,
   "total": 8.202470742827952
  },
  "benchmark": {
   "cagr": 0.19671462620409197,
   "sharpe": 1.052255158856868,
   "mdd": -0.339570054145819,
   "volatility": 0.19436133740554792,
   "total": 9.06779925662154
  },
  "weekly_corr_0050": 0.9873513677023182,
  "avg_tsmc_weight": 0.3550318613584893,
  "tsmc_weight_last": 0.524262159020395
 },
 "extras": {
  "tsmc_yearly_return": {
   "2014": 0.3665264391075138,
   "2015": 0.046437611207177376,
   "2016": 0.319004524886878,
   "2017": 0.30661157024793373,
   "2018": 0.018382042769018447,
   "2019": 0.5392929047614543,
   "2020": 0.6450587180858884,
   "2021": 0.17973712032958122,
   "2022": -0.2547033489348258,
   "2023": 0.3512703717306003,
   "2024": 0.8430557333348654,
   "2025": 0.4668656916609639,
   "2026": 0.5203310355699082
  },
  "tsmc_share_top50_total_cap": {
   "2023-03-27": 0.4104349402889031,
   "2026-11-12": 0.524262159020395
  },
  "aug2024_daily_return": {
   "2024-08-02": {
    "0050": -0.05054347826086958,
    "006208": -0.04788470478847051
   },
   "2024-08-05": {
    "0050": -0.09129937034917002,
    "006208": -0.08496093750000011
   },
   "2024-08-06": {
    "0050": 0.0551181102362206,
    "006208": 0.041088580576307265
   },
   "2024-08-07": {
    "0050": 0.039701492537313365,
    "006208": 0.040492055356227796
   },
   "2024-08-08": {
    "0050": -0.02067183462532296,
    "006208": -0.01773399014778332
   }
  }
 }
}