{"schemaVersion":1,"ticker":"JUNW","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/junw/","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, JUNW against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/junw/"},"benchmark":{"ticker":"SPY","name":"SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"JUNW","b":"SPY","window":{"from":"2023-06-09","to":"2026-10-23","firstReturn":"2023-06-16","weeklyReturns":176,"years":3.37,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04562123,"perWeek":0.0008773314,"days":843,"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":0.37300131,"b":0.84638627,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.098185,"b":0.19863295,"edge":"SPY","lead":"SPY"},"price":{"a":0.37300131,"b":0.76778321,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.06153287,"b":0.14098436,"edge":"JUNW","lead":"JUNW"},"downsideDeviation":{"a":0.03972064,"b":0.09077103,"edge":"JUNW","lead":"JUNW"},"maxDrawdown":{"a":-0.07779653,"b":-0.16877308,"edge":"JUNW","lead":"JUNW","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.05000371,"b":0.14576954,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.81263411,"b":1.03394122,"edge":"SPY","lead":"SPY"},"sortino":{"a":1.25888461,"b":1.6059038,"edge":"SPY","lead":"SPY"},"calmar":{"a":1.26207436,"b":1.17692318,"edge":"JUNW (slight)","lead":"JUNW"}},"relative":{"JUNW":{"on":"SPY","beta":0.4028508,"r2":0.85195378,"alpha":-0.00871967,"alphaT":-0.66874502,"alphaLow":-0.03445435,"alphaHigh":0.01701501,"upsideCapture":0.29779527,"downsideCapture":0.39739226,"treynor":0.12412463,"trackingError":0.08745446,"informationRatio":-1.09503655,"upWeeks":103,"downWeeks":73,"treynorReference":0.14576954,"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":"JUNW","lead":"JUNW"},"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":{"JUNW":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":10,"agree":10},"vendor":{"weeks":176,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.37300131}},"SPY":{"kept":"2026-10-26","distributions":14,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":176,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.84638627}}}}