Gecko Capital Management offers an index fund that tracks the S&P $500$ stock index. To help investors understand the potential downside risk involved in investing in the fund, they used $50$ years of historical annual return data for the S&P $500$ to find all returns in the bottom $5\%$ of the distribution, and then measured the average of those bottom $5\%$ returns.$$ Is this calculation equal to VaR$(5\%)?$ Choose the best answer.