{"schemaVersion":1,"ticker":"CPSA","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/cpsa/","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, CPSA against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/cpsa/"},"benchmark":{"ticker":"SPY","name":"S&P 500 (SPY)","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"CPSA","b":"SPY","window":{"from":"2024-08-09","to":"2026-10-23","firstReturn":"2024-08-16","weeklyReturns":115,"years":2.2,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04117822,"perWeek":0.0007918889,"days":551,"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":0.16435712,"b":0.46315187,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.07122933,"b":0.18778971,"edge":"SPY","lead":"SPY"},"price":{"a":0.16435712,"b":0.42586165,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.03601583,"b":0.15110785,"edge":"CPSA","lead":"CPSA"},"downsideDeviation":{"a":0.02329039,"b":0.09817761,"edge":"CPSA","lead":"CPSA"},"maxDrawdown":{"a":-0.04445712,"b":-0.16877308,"edge":"CPSA","lead":"CPSA","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.02831692,"b":0.14255342,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.78623536,"b":0.94338858,"edge":"SPY","lead":"SPY"},"sortino":{"a":1.21581964,"b":1.45199515,"edge":"SPY","lead":"SPY"},"calmar":{"a":1.60220287,"b":1.11267573,"edge":"CPSA","lead":"CPSA"}},"relative":{"CPSA":{"on":"SPY","beta":0.22018949,"r2":0.85345451,"alpha":-0.00307185,"alphaT":-0.32706698,"alphaLow":-0.02167929,"alphaHigh":0.0155356,"upsideCapture":0.16703256,"downsideCapture":0.20684223,"treynor":0.1286025,"trackingError":0.11863934,"informationRatio":-0.96288889,"upWeeks":66,"downWeeks":49,"treynorReference":0.14255342,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"CPSA","lead":"CPSA"},"treynor":{"edge":"SPY (slight)","lead":"SPY"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"CPSA":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":115,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.16435712}},"SPY":{"kept":"2026-10-26","distributions":9,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":115,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.46315187}}}}