{"schemaVersion":1,"ticker":"BALT","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/balt/","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, BALT against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/balt/"},"benchmark":{"ticker":"SPY","name":"SPY","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"BALT","b":"SPY","window":{"from":"2021-07-09","to":"2026-10-23","firstReturn":"2021-07-16","weeklyReturns":276,"years":5.29,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03712676,"perWeek":0.0007139761,"days":1323,"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":0.35972281,"b":0.87201885,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.05960214,"b":0.12539459,"edge":"SPY","lead":"SPY"},"price":{"a":0.35972281,"b":0.74497153,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.02926789,"b":0.15923252,"edge":"BALT","lead":"BALT"},"downsideDeviation":{"a":0.02029372,"b":0.10661913,"edge":"BALT","lead":"BALT"},"maxDrawdown":{"a":-0.04097975,"b":-0.23927987,"edge":"BALT","lead":"BALT","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2021-12-31","bTrough":"2022-09-30"},"excess":{"a":0.02122632,"b":0.09377089,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.72524266,"b":0.5888928,"edge":"BALT","lead":"BALT"},"sortino":{"a":1.04595523,"b":0.87949402,"edge":"BALT","lead":"BALT"},"calmar":{"a":1.45442916,"b":0.5240499,"edge":"BALT","lead":"BALT"}},"relative":{"BALT":{"on":"SPY","beta":0.15901278,"r2":0.74841912,"alpha":0.00631555,"alphaT":0.98603936,"alphaLow":-0.00629365,"alphaHigh":0.01892475,"upsideCapture":0.13160327,"downsideCapture":0.14846337,"treynor":0.13348814,"trackingError":0.13471477,"informationRatio":-0.53850493,"upWeeks":152,"downWeeks":124,"treynorReference":0.09377089,"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":"BALT","lead":"BALT"},"treynor":{"edge":"BALT","lead":"BALT"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"BALT":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":276,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.35972281}},"SPY":{"kept":"2026-10-26","distributions":21,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":276,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.87201885}}}}