{"schemaVersion":1,"ticker":"CPNJ","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/cpnj/","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, CPNJ against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/cpnj/"},"benchmark":{"ticker":"QQQ","name":"Nasdaq-100 (QQQ)","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"CPNJ","b":"QQQ","window":{"from":"2024-06-14","to":"2026-10-23","firstReturn":"2024-06-21","weeklyReturns":123,"years":2.36,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04196129,"perWeek":0.0008069479,"days":589,"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":0.15381724,"b":0.48915998,"edge":"QQQ","lead":"QQQ"},"annualised":{"a":0.06235413,"b":0.18335056,"edge":"QQQ","lead":"QQQ"},"price":{"a":0.15381724,"b":0.46998059,"edge":"QQQ","lead":"QQQ"},"volatility":{"a":0.0461153,"b":0.20309926,"edge":"CPNJ","lead":"CPNJ"},"downsideDeviation":{"a":0.03007904,"b":0.13247149,"edge":"CPNJ","lead":"CPNJ"},"maxDrawdown":{"a":-0.05758734,"b":-0.21344135,"edge":"CPNJ","lead":"CPNJ","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.01961404,"b":0.14710606,"edge":"QQQ","lead":"QQQ"},"sharpe":{"a":0.42532602,"b":0.72430621,"edge":"QQQ","lead":"QQQ"},"sortino":{"a":0.65208332,"b":1.11047333,"edge":"QQQ","lead":"QQQ"},"calmar":{"a":1.08277495,"b":0.85902076,"edge":"CPNJ","lead":"CPNJ"}},"relative":{"CPNJ":{"on":"QQQ","beta":0.19783038,"r2":0.75912362,"alpha":-0.00948801,"alphaT":-0.63885009,"alphaLow":-0.03889086,"alphaHigh":0.01991484,"upsideCapture":0.12298653,"downsideCapture":0.22315094,"treynor":0.09914574,"trackingError":0.16448464,"informationRatio":-0.77509982,"upWeeks":70,"downWeeks":53,"treynorReference":0.14710606,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"QQQ","lead":"QQQ"},"downsideCapture":{"edge":"CPNJ","lead":"CPNJ"},"treynor":{"edge":"QQQ","lead":"QQQ"},"informationRatio":{"edge":null,"lead":"QQQ","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"CPNJ":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":123,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.15381724}},"QQQ":{"kept":"2026-10-26","distributions":10,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":6,"agree":6},"vendor":{"weeks":123,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.48915998}}}}