{"schemaVersion":1,"ticker":"KNOV","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/knov/","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, KNOV against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/knov/"},"benchmark":{"ticker":"IWM","name":"IWM","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"KNOV","b":"IWM","window":{"from":"2024-11-08","to":"2026-10-23","firstReturn":"2024-11-15","weeklyReturns":102,"years":1.95,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04026475,"perWeek":0.0007743222,"days":488,"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":0.19661386,"b":0.18253377,"edge":"KNOV (slight)","lead":"KNOV"},"annualised":{"a":0.09582517,"b":0.08923261,"edge":"KNOV (slight)","lead":"KNOV"},"price":{"a":0.19661386,"b":0.15802956,"edge":"KNOV","lead":"KNOV"},"volatility":{"a":0.10192359,"b":0.18356162,"edge":"KNOV","lead":"KNOV"},"downsideDeviation":{"a":0.07225285,"b":0.12801571,"edge":"KNOV","lead":"KNOV"},"maxDrawdown":{"a":-0.1265348,"b":-0.24692832,"edge":"KNOV","lead":"KNOV","aPeak":"2024-11-29","aTrough":"2025-04-04","bPeak":"2024-11-29","bTrough":"2025-04-04"},"excess":{"a":0.05649497,"b":0.06205607,"edge":"IWM (slight)","lead":"IWM"},"sharpe":{"a":0.55428749,"b":0.33806672,"edge":"KNOV","lead":"KNOV"},"sortino":{"a":0.78190651,"b":0.48475356,"edge":"KNOV","lead":"KNOV"},"calmar":{"a":0.75730284,"b":0.36137049,"edge":"KNOV","lead":"KNOV"}},"relative":{"KNOV":{"on":"IWM","beta":0.53933941,"r2":0.94349287,"alpha":0.02302569,"alphaT":1.32294716,"alphaLow":-0.01150502,"alphaHigh":0.05755639,"upsideCapture":0.44648969,"downsideCapture":0.61113333,"treynor":0.10474846,"trackingError":0.08796219,"informationRatio":-0.06322151,"upWeeks":55,"downWeeks":47,"treynorReference":0.06205607,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"IWM","lead":"IWM"},"downsideCapture":{"edge":"KNOV","lead":"KNOV"},"treynor":{"edge":"KNOV","lead":"KNOV"},"informationRatio":{"edge":null,"lead":"IWM","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"KNOV":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":102,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.19661386}},"IWM":{"kept":"2026-10-26","distributions":8,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":102,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.18253377}}}}