{"schemaVersion":1,"ticker":"JOYT","asOf":"2026-10-26","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/joyt/","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, JOYT against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/joyt/"},"benchmark":{"ticker":"SPY","name":"S&P 500 (SPY)","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate","status":"not-read"},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":0.0,"fiscalYearEnd":"2025-10-31","filed":"2025-12-30","url":"https://www.sec.gov/Archives/edgar/data/1485894/000119312525336832/d43117dncsr.htm"}},"kind":"benchmark","a":"JOYT","b":"SPY","window":{"from":"2025-08-29","to":"2026-10-23","firstReturn":"2025-09-05","weeklyReturns":60,"years":1.15,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03811736,"perWeek":0.0007330262,"days":288,"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":0.18981569,"b":0.19413293,"edge":"SPY (slight)","lead":"SPY"},"annualised":{"a":0.16256096,"b":0.16621597,"edge":"SPY (slight)","lead":"SPY"},"price":{"a":0.17990227,"b":0.17815673,"edge":"Tie"},"volatility":{"a":0.0804379,"b":0.11785107,"edge":"JOYT","lead":"JOYT"},"downsideDeviation":{"a":0.0496072,"b":0.06965841,"edge":"JOYT","lead":"JOYT"},"maxDrawdown":{"a":-0.06593232,"b":-0.08388653,"edge":"JOYT","lead":"JOYT","aPeak":"2026-02-06","aTrough":"2026-03-27","bPeak":"2026-01-09","bTrough":"2026-03-27"},"excess":{"a":0.1159006,"b":0.12265863,"edge":"SPY (slight)","lead":"SPY"},"sharpe":{"a":1.4408705,"b":1.04079352,"edge":"JOYT","lead":"JOYT"},"sortino":{"a":2.33636665,"b":1.76085884,"edge":"JOYT","lead":"JOYT"},"calmar":{"a":2.46557314,"b":1.98143821,"edge":"JOYT","lead":"JOYT"}},"relative":{"JOYT":{"on":"SPY","beta":0.61968395,"r2":0.8243015,"alpha":0.03989101,"alphaT":1.24692431,"alphaLow":-0.02414699,"alphaHigh":0.10392902,"upsideCapture":0.67370831,"downsideCapture":0.67921915,"treynor":0.18703179,"trackingError":0.05608659,"informationRatio":-0.12049281,"upWeeks":35,"downWeeks":25,"treynorReference":0.12265863,"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":"JOYT","lead":"JOYT"},"treynor":{"edge":"JOYT","lead":"JOYT"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"JOYT":{"kept":"2026-10-26","distributions":5,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":60,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.18981569}},"SPY":{"kept":"2026-10-26","distributions":5,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":60,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.19413293}}}}