{"schemaVersion":1,"ticker":"JANW","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/janw/","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, JANW against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/janw/"},"benchmark":{"ticker":"SPY","name":"SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"JANW","b":"SPY","window":{"from":"2021-01-15","to":"2026-10-23","firstReturn":"2021-01-22","weeklyReturns":301,"years":5.77,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03404481,"perWeek":0.0006547078,"days":1444,"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":0.58663063,"b":1.18442604,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.08301307,"b":0.14451915,"edge":"SPY","lead":"SPY"},"price":{"a":0.58663063,"b":1.02281075,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.06183027,"b":0.15699825,"edge":"JANW","lead":"JANW"},"downsideDeviation":{"a":0.04023792,"b":0.10401999,"edge":"JANW","lead":"JANW"},"maxDrawdown":{"a":-0.08906426,"b":-0.23927987,"edge":"JANW","lead":"JANW","aPeak":"2021-12-31","aTrough":"2022-06-17","bPeak":"2021-12-31","bTrough":"2022-09-30"},"excess":{"a":0.04766588,"b":0.11339498,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.77091496,"b":0.72226908,"edge":"JANW (slight)","lead":"JANW"},"sortino":{"a":1.18460092,"b":1.09012687,"edge":"JANW (slight)","lead":"JANW"},"calmar":{"a":0.93205817,"b":0.60397538,"edge":"JANW","lead":"JANW"}},"relative":{"JANW":{"on":"SPY","beta":0.36789734,"r2":0.87265116,"alpha":0.00594817,"alphaT":0.64426748,"alphaLow":-0.01222064,"alphaHigh":0.02411697,"upsideCapture":0.27209781,"downsideCapture":0.38161717,"treynor":0.12956299,"trackingError":0.10166235,"informationRatio":-0.64654322,"upWeeks":169,"downWeeks":132,"treynorReference":0.11339498,"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":"JANW","lead":"JANW"},"treynor":{"edge":"JANW","lead":"JANW"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"JANW":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":10,"agree":10},"vendor":{"weeks":301,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.58663063}},"SPY":{"kept":"2026-10-26","distributions":23,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":301,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.18442604}}}}