{"schemaVersion":1,"ticker":"HYGW","asOf":"2026-10-26","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/hygw/","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, HYGW against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/hygw/"},"benchmark":{"ticker":"HYG","name":"US high yield bonds (HYG)","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate, latest distribution","returnOfCapital":64.0,"date":"2026-10-07","url":"https://www.ishares.com/us/literature/distribution-information/etf-section19-buywrites-10-02-26.pdf"},"estimateWindow":{"label":"issuer's Rule 19a-1 estimates, weighted by amount","returnOfCapital":29.0,"from":"2025-11-07","to":"2026-10-07","notices":12,"distributions":12,"full":false},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":53.14,"fiscalYearEnd":"2025-10-31","filed":"2026-01-06","url":"https://www.sec.gov/Archives/edgar/data/1100663/000119312526003948/d78435dncsr.htm"}},"kind":"benchmark","a":"HYGW","b":"HYG","window":{"from":"2022-09-02","to":"2026-10-23","firstReturn":"2022-09-09","weeklyReturns":216,"years":4.14,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04552476,"perWeek":0.0008754761,"days":1034,"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":0.25863109,"b":0.31801033,"edge":"HYG","lead":"HYG"},"annualised":{"a":0.05693828,"b":0.06873331,"edge":"HYG","lead":"HYG"},"price":{"a":-0.26826848,"b":0.03687256,"edge":"HYG","lead":"HYG"},"volatility":{"a":0.03885696,"b":0.06009599,"edge":"HYGW","lead":"HYGW"},"downsideDeviation":{"a":0.02858498,"b":0.03874419,"edge":"HYGW","lead":"HYGW"},"maxDrawdown":{"a":-0.04360983,"b":-0.05830365,"edge":"HYGW","lead":"HYGW","aPeak":"2022-09-09","aTrough":"2022-09-30","bPeak":"2022-09-09","bTrough":"2022-09-30"},"excess":{"a":0.01063335,"b":0.02278372,"edge":"HYG","lead":"HYG"},"sharpe":{"a":0.27365361,"b":0.37912219,"edge":"HYG","lead":"HYG"},"sortino":{"a":0.37199075,"b":0.58805522,"edge":"HYG","lead":"HYG"},"calmar":{"a":1.30562948,"b":1.17888505,"edge":"HYGW (slight)","lead":"HYGW"}},"relative":{"HYGW":{"on":"HYG","beta":0.55210969,"r2":0.7291286,"alpha":-0.00194577,"alphaT":-0.19536707,"alphaLow":-0.02157715,"alphaHigh":0.01768561,"upsideCapture":0.56035197,"downsideCapture":0.51758931,"treynor":0.01925948,"trackingError":0.03366708,"informationRatio":-0.36089791,"upWeeks":119,"downWeeks":95,"treynorReference":0.02278372,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"HYG","lead":"HYG"},"downsideCapture":{"edge":"HYGW","lead":"HYGW"},"treynor":{"edge":"HYG","lead":"HYG"},"informationRatio":{"edge":null,"lead":"HYG","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"HYGW":{"kept":"2026-10-26","distributions":49,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":216,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.25863109}},"HYG":{"kept":"2026-10-26","distributions":49,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":216,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.31801033}}}}