{"schemaVersion":1,"ticker":"LRNZ","asOf":"2026-10-26","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/lrnz/","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, LRNZ against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/lrnz/"},"benchmark":{"ticker":"ONEQ","name":"NASDAQ Composite Total Return Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"LRNZ","b":"ONEQ","window":{"from":"2026-07-17","to":"2026-10-23","firstReturn":"2026-07-24","weeklyReturns":14,"years":0.27,"short":true,"weekEnding":"2026-10-25","cumulativeOnly":"14 weekly returns, 2026-07-17 to 2026-10-23: cumulative numbers only, nothing annualised"},"riskFree":{"rate":0.03966232,"perWeek":0.0007627369,"days":69,"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":0.04015142,"b":0.01911083,"edge":"LRNZ","lead":"LRNZ"},"annualised":{"a":null,"b":null,"absent":"14 weekly returns, under the 52 an annualised number needs"},"price":{"a":0.04015142,"b":0.01801891,"edge":"LRNZ","lead":"LRNZ"},"volatility":{"a":null,"b":null,"absent":"14 weekly returns, under the 52 an annualised number needs"},"downsideDeviation":{"a":null,"b":null,"absent":"14 weekly returns, under the 52 an annualised number needs"},"maxDrawdown":{"a":-0.13966401,"b":-0.05147945,"edge":"ONEQ","lead":"ONEQ","aPeak":"2026-10-02","aTrough":"2026-10-16","bPeak":"2026-10-09","bTrough":"2026-10-23"},"excess":{"a":null,"b":null,"absent":"14 weekly returns, under the 52 an annualised number needs"},"sharpe":{"a":null,"b":null,"absent":"14 weekly returns, under the 52 an annualised number needs"},"sortino":{"a":null,"b":null,"absent":"14 weekly returns, under the 52 an annualised number needs"},"calmar":{"a":null,"b":null,"absent":"14 weekly returns, under the 52 an annualised number needs"}},"relative":{"LRNZ":{"on":"ONEQ","beta":1.92731209,"r2":0.718172,"alpha":null,"alphaT":null,"alphaLow":null,"alphaHigh":null,"upsideCapture":null,"downsideCapture":null,"treynor":null,"trackingError":null,"informationRatio":null,"upWeeks":9,"downWeeks":5,"absent":"14 weekly returns: alpha, Treynor, the captures, tracking error and the information ratio need 52","edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true}}}},"sources":{"LRNZ":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":14,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.04015142}},"ONEQ":{"kept":"2026-10-26","distributions":1,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":14,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.01911083}}}}