{"schemaVersion":1,"ticker":"DLNV","asOf":"2026-10-30","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/dlnv/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-30","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, DLNV against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/dlnv/"},"benchmark":{"ticker":"SPY","name":"State Street® SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"DLNV","b":"SPY","window":{"from":"2025-12-05","to":"2026-10-30","firstReturn":"2025-12-12","weeklyReturns":47,"years":0.9,"short":true,"weekEnding":"2026-11-01","cumulativeOnly":"47 weekly returns, 2025-12-05 to 2026-10-30: cumulative numbers only, nothing annualised"},"riskFree":{"rate":0.03785903,"perWeek":0.0007280583,"days":227,"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":0.08993239,"b":0.11400248,"edge":"SPY","lead":"SPY"},"annualised":{"a":null,"b":null,"absent":"47 weekly returns, under the 52 an annualised number needs"},"price":{"a":0.08993239,"b":0.1021307,"edge":"SPY","lead":"SPY"},"volatility":{"a":null,"b":null,"absent":"47 weekly returns, under the 52 an annualised number needs"},"downsideDeviation":{"a":null,"b":null,"absent":"47 weekly returns, under the 52 an annualised number needs"},"maxDrawdown":{"a":-0.0443452,"b":-0.08388653,"edge":"DLNV","lead":"DLNV","aPeak":"2026-02-06","aTrough":"2026-03-27","bPeak":"2026-01-09","bTrough":"2026-03-27"},"excess":{"a":null,"b":null,"absent":"47 weekly returns, under the 52 an annualised number needs"},"sharpe":{"a":null,"b":null,"absent":"47 weekly returns, under the 52 an annualised number needs"},"sortino":{"a":null,"b":null,"absent":"47 weekly returns, under the 52 an annualised number needs"},"calmar":{"a":null,"b":null,"absent":"47 weekly returns, under the 52 an annualised number needs"}},"relative":{"DLNV":{"on":"SPY","beta":0.41981231,"r2":0.86791584,"alpha":null,"alphaT":null,"alphaLow":null,"alphaHigh":null,"upsideCapture":null,"downsideCapture":null,"treynor":null,"trackingError":null,"informationRatio":null,"upWeeks":25,"downWeeks":22,"absent":"47 weekly returns: alpha, Treynor, the captures, tracking error and the information ratio need 52","edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true}}}},"sources":{"DLNV":{"kept":"2026-11-01","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":47,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.08993239}},"SPY":{"kept":"2026-11-01","distributions":4,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":13,"agree":13},"vendor":{"weeks":47,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.11400248}}}}