{"schemaVersion":1,"ticker":"FBY","asOf":"2026-10-30","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/fby/","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, FBY against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/fby/"},"benchmark":{"ticker":"META","name":"Meta Platforms (META)","tier":1,"kind":"stock","basisOnPage":"total","basisHere":"total"},"tax":{"estimateWindow":{"label":"issuer's Rule 19a-1 estimates, weighted by amount","returnOfCapital":64.0,"from":"2025-11-07","to":"2026-10-23","notices":41,"distributions":52,"full":false},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":55.48,"fiscalYearEnd":"2025-10-31","filed":"2026-03-06","url":"https://www.sec.gov/Archives/edgar/data/1924868/000199937126005229/yieldmax_ncsra-103125.htm"}},"kind":"benchmark","a":"FBY","b":"META","window":{"from":"2023-08-04","to":"2026-10-30","firstReturn":"2023-08-11","weeklyReturns":169,"years":3.24,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.04521506,"perWeek":0.0008695204,"days":810,"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":0.56099183,"b":0.99773603,"edge":"META","lead":"META"},"annualised":{"a":0.14685335,"b":0.23729501,"edge":"META","lead":"META"},"price":{"a":-0.60429763,"b":0.97917806,"edge":"META","lead":"META"},"volatility":{"a":0.29658731,"b":0.37277707,"edge":"FBY","lead":"FBY"},"downsideDeviation":{"a":0.20863026,"b":0.23540598,"edge":"FBY","lead":"FBY"},"maxDrawdown":{"a":-0.29726345,"b":-0.32892554,"edge":"FBY (slight)","lead":"FBY","aPeak":"2025-02-14","aTrough":"2025-04-17","bPeak":"2025-08-15","bTrough":"2026-03-27"},"excess":{"a":0.13599729,"b":0.23641217,"edge":"META","lead":"META"},"sharpe":{"a":0.45854048,"b":0.63419183,"edge":"META","lead":"META"},"sortino":{"a":0.6518579,"b":1.00427427,"edge":"META","lead":"META"},"calmar":{"a":0.49401749,"b":0.72142471,"edge":"META","lead":"META"}},"relative":{"FBY":{"on":"META","beta":0.76689734,"r2":0.92911128,"alpha":-0.04530658,"alphaT":-1.0272649,"alphaLow":-0.13238,"alphaHigh":0.04176684,"upsideCapture":0.57733299,"downsideCapture":0.92957867,"treynor":0.17733441,"trackingError":0.11741574,"informationRatio":-0.85520809,"upWeeks":89,"downWeeks":80,"treynorReference":0.23641217,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"META","lead":"META"},"downsideCapture":{"edge":"FBY (slight)","lead":"FBY"},"treynor":{"edge":"META","lead":"META"},"informationRatio":{"edge":null,"lead":"META","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"FBY":{"kept":"2026-11-01","distributions":82,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2025-10-30","amount":0.1567,"vendor":0.173817},{"ex":"2026-04-30","amount":0.1904,"vendor":0.205336}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":12,"agree":12},"vendor":{"weeks":169,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.56099183}},"META":{"kept":"2026-11-01","distributions":11,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2026-06-15","amount":0.525,"vendor":0.501114},{"ex":"2026-09-21","amount":0.525,"vendor":0.471196}],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":169,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.99773603}}}}