{"schemaVersion":1,"ticker":"HELO","asOf":"2026-10-30","desk":"alternatives","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/helo/","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, HELO against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/helo/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"HELO","b":"VOO","window":{"from":"2023-10-06","to":"2026-10-30","firstReturn":"2023-10-13","weeklyReturns":160,"years":3.07,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.04466841,"perWeek":0.0008590078,"days":766,"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":0.40357278,"b":0.82945367,"edge":"VOO","lead":"VOO"},"annualised":{"a":0.11648104,"b":0.21689879,"edge":"VOO","lead":"VOO"},"price":{"a":0.3772,"b":0.76097425,"edge":"VOO","lead":"VOO"},"volatility":{"a":0.07773015,"b":0.14144517,"edge":"HELO","lead":"HELO"},"downsideDeviation":{"a":0.04993303,"b":0.09008668,"edge":"HELO","lead":"HELO"},"maxDrawdown":{"a":-0.09566748,"b":-0.1668507,"edge":"HELO","lead":"HELO","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.06862631,"b":0.16195842,"edge":"VOO","lead":"VOO"},"sharpe":{"a":0.88287896,"b":1.14502615,"edge":"VOO","lead":"VOO"},"sortino":{"a":1.37436703,"b":1.79780651,"edge":"VOO","lead":"VOO"},"calmar":{"a":1.21756152,"b":1.29995735,"edge":"VOO (slight)","lead":"VOO"}},"relative":{"HELO":{"on":"VOO","beta":0.52717788,"r2":0.92026227,"alpha":-0.01675458,"alphaT":-1.31813491,"alphaLow":-0.04185964,"alphaHigh":0.00835047,"upsideCapture":0.44657146,"downsideCapture":0.62692949,"treynor":0.13017677,"trackingError":0.07038817,"informationRatio":-1.32596297,"upWeeks":96,"downWeeks":64,"treynorReference":0.16195842,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"VOO","lead":"VOO"},"downsideCapture":{"edge":"HELO","lead":"HELO"},"treynor":{"edge":"VOO","lead":"VOO"},"informationRatio":{"edge":null,"lead":"VOO","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"HELO":{"kept":"2026-11-01","distributions":12,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":10,"agree":10},"vendor":{"weeks":160,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.40357278}},"VOO":{"kept":"2026-11-01","distributions":12,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":160,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.82945367}}}}