{"schemaVersion":1,"ticker":"JNEU","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/jneu/","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, JNEU against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/jneu/"},"benchmark":{"ticker":"SPY","name":"SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"JNEU","b":"SPY","window":{"from":"2024-06-14","to":"2026-10-23","firstReturn":"2024-06-21","weeklyReturns":123,"years":2.36,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04196129,"perWeek":0.0008069479,"days":589,"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":0.30659525,"b":0.44140274,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.11969643,"b":0.16715561,"edge":"SPY","lead":"SPY"},"price":{"a":0.30659525,"b":0.4001437,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.11273842,"b":0.14837274,"edge":"JNEU","lead":"JNEU"},"downsideDeviation":{"a":0.07208801,"b":0.09715345,"edge":"JNEU","lead":"JNEU"},"maxDrawdown":{"a":-0.12314006,"b":-0.16877308,"edge":"JNEU","lead":"JNEU","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.07750269,"b":0.12378734,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.68745593,"b":0.83429977,"edge":"SPY","lead":"SPY"},"sortino":{"a":1.07511206,"b":1.2741425,"edge":"SPY","lead":"SPY"},"calmar":{"a":0.97203479,"b":0.99041635,"edge":"Tie"}},"relative":{"JNEU":{"on":"SPY","beta":0.74112341,"r2":0.95136122,"alpha":-0.01423901,"alphaT":-0.87130286,"alphaLow":-0.0465927,"alphaHigh":0.01811469,"upsideCapture":0.70509059,"downsideCapture":0.85967392,"treynor":0.10457461,"trackingError":0.04575524,"informationRatio":-1.01157044,"upWeeks":70,"downWeeks":53,"treynorReference":0.12378734,"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":"JNEU","lead":"JNEU"},"treynor":{"edge":"SPY","lead":"SPY"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"JNEU":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":10,"agree":10},"vendor":{"weeks":123,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.30659525}},"SPY":{"kept":"2026-10-26","distributions":10,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":123,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.44140274}}}}