{"schemaVersion":1,"ticker":"JANP","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/janp/","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, JANP against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/janp/"},"benchmark":{"ticker":"SPY","name":"SPDR S&P 500 ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"JANP","b":"SPY","window":{"from":"2024-01-12","to":"2026-10-23","firstReturn":"2024-01-19","weeklyReturns":145,"years":2.78,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04377583,"perWeek":0.0008418428,"days":695,"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":0.42396063,"b":0.64641291,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.1351351,"b":0.195791,"edge":"SPY","lead":"SPY"},"price":{"a":0.42396063,"b":0.59429806,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.08062988,"b":0.14165559,"edge":"JANP","lead":"JANP"},"downsideDeviation":{"a":0.05413194,"b":0.0923156,"edge":"JANP","lead":"JANP"},"maxDrawdown":{"a":-0.10618372,"b":-0.16877308,"edge":"JANP","lead":"JANP","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.08637135,"b":0.14533417,"edge":"SPY","lead":"SPY"},"sharpe":{"a":1.0712077,"b":1.02596853,"edge":"JANP (slight)","lead":"JANP"},"sortino":{"a":1.59557101,"b":1.57431874,"edge":"Tie"},"calmar":{"a":1.27265363,"b":1.16008432,"edge":"JANP (slight)","lead":"JANP"}},"relative":{"JANP":{"on":"SPY","beta":0.53454073,"r2":0.88193585,"alpha":0.00868431,"alphaT":0.51637815,"alphaLow":-0.02455918,"alphaHigh":0.0419278,"upsideCapture":0.44451072,"downsideCapture":0.53681318,"treynor":0.16158048,"trackingError":0.071519,"informationRatio":-0.8244358,"upWeeks":84,"downWeeks":61,"treynorReference":0.14533417,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"JANP","lead":"JANP"},"treynor":{"edge":"JANP","lead":"JANP"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"JANP":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":145,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.42396063}},"SPY":{"kept":"2026-10-26","distributions":11,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":145,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.64641291}}}}