{"schemaVersion":1,"ticker":"HYTI","asOf":"2026-10-30","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/hyti/","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, HYTI against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/hyti/"},"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":64.34,"date":"2026-10-02","url":"https://www.ftportfolios.com/Common/ContentFileLoader.aspx?ContentGUID=b98e5599-26fb-4e48-9994-df2abb8fe803"},"estimateWindow":{"label":"issuer's Rule 19a-1 estimates, weighted by amount","returnOfCapital":61.8,"from":"2026-06-02","to":"2026-10-02","notices":5,"distributions":12,"full":false},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":0.0,"fiscalYearEnd":"2025-10-31","filed":"2026-01-09","url":"https://www.sec.gov/Archives/edgar/data/1517936/000144554626000219/etf4_ncsr.htm"}},"kind":"benchmark","a":"HYTI","b":"HYG","window":{"from":"2025-02-21","to":"2026-10-30","firstReturn":"2025-02-28","weeklyReturns":88,"years":1.69,"short":true,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.03970448,"perWeek":0.0007635477,"days":424,"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":0.08537429,"b":0.07159748,"edge":"HYTI","lead":"HYTI"},"annualised":{"a":0.04960108,"b":0.04170799,"edge":"HYTI","lead":"HYTI"},"price":{"a":-0.08071749,"b":-0.02787194,"edge":"HYG","lead":"HYG"},"volatility":{"a":0.03809516,"b":0.04046667,"edge":"HYTI (slight)","lead":"HYTI"},"downsideDeviation":{"a":0.02716242,"b":0.02959462,"edge":"HYTI (slight)","lead":"HYTI"},"maxDrawdown":{"a":-0.02909447,"b":-0.03312605,"edge":"HYTI","lead":"HYTI","aPeak":"2025-02-28","aTrough":"2025-04-11","bPeak":"2025-02-28","bTrough":"2025-04-11"},"excess":{"a":0.00944597,"b":0.00198346,"edge":"HYTI","lead":"HYTI"},"sharpe":{"a":0.24795715,"b":0.04901477,"edge":"HYTI","lead":"HYTI"},"sortino":{"a":0.3477586,"b":0.06702111,"edge":"HYTI","lead":"HYTI"},"calmar":{"a":1.70482843,"b":1.25906915,"edge":"HYTI","lead":"HYTI"}},"relative":{"HYTI":{"on":"HYG","beta":0.86857248,"r2":0.85127025,"alpha":0.00772318,"alphaT":0.67990278,"alphaLow":-0.01485825,"alphaHigh":0.03030462,"upsideCapture":0.88791195,"downsideCapture":0.7647854,"treynor":0.01087528,"trackingError":0.01562461,"informationRatio":0.47761206,"upWeeks":53,"downWeeks":34,"treynorReference":0.00198346,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"HYG","lead":"HYG"},"downsideCapture":{"edge":"HYTI","lead":"HYTI"},"treynor":{"edge":"HYTI","lead":"HYTI"},"informationRatio":{"edge":null,"lead":"HYTI","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"HYTI":{"kept":"2026-11-01","distributions":19,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":88,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.08537429}},"HYG":{"kept":"2026-11-01","distributions":20,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":88,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.07159748}}}}