{"schemaVersion":1,"ticker":"NFEB","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/nfeb/","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, NFEB against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/nfeb/"},"benchmark":{"ticker":"QQQ","name":"QQQ","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"NFEB","b":"QQQ","window":{"from":"2025-02-14","to":"2026-10-23","firstReturn":"2025-02-21","weeklyReturns":88,"years":1.69,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03972033,"perWeek":0.0007638525,"days":423,"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":0.22003954,"b":0.31992029,"edge":"QQQ","lead":"QQQ"},"annualised":{"a":0.1247063,"b":0.17823721,"edge":"QQQ","lead":"QQQ"},"price":{"a":0.22003954,"b":0.30892874,"edge":"QQQ","lead":"QQQ"},"volatility":{"a":0.09704921,"b":0.20901672,"edge":"NFEB","lead":"NFEB"},"downsideDeviation":{"a":0.06414508,"b":0.13691283,"edge":"NFEB","lead":"NFEB"},"maxDrawdown":{"a":-0.1163622,"b":-0.21344135,"edge":"NFEB","lead":"NFEB","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.08260405,"b":0.14616503,"edge":"QQQ","lead":"QQQ"},"sharpe":{"a":0.85115637,"b":0.69929828,"edge":"NFEB","lead":"NFEB"},"sortino":{"a":1.28776919,"b":1.0675773,"edge":"NFEB","lead":"NFEB"},"calmar":{"a":1.07170798,"b":0.83506409,"edge":"NFEB","lead":"NFEB"}},"relative":{"NFEB":{"on":"QQQ","beta":0.44334835,"r2":0.91173421,"alpha":0.01780203,"alphaT":0.79479419,"alphaLow":-0.02672429,"alphaHigh":0.06232834,"upsideCapture":0.32079693,"downsideCapture":0.50932263,"treynor":0.18631862,"trackingError":0.11986885,"informationRatio":-0.53025434,"upWeeks":48,"downWeeks":40,"treynorReference":0.14616503,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"QQQ","lead":"QQQ"},"downsideCapture":{"edge":"NFEB","lead":"NFEB"},"treynor":{"edge":"NFEB","lead":"NFEB"},"informationRatio":{"edge":null,"lead":"QQQ","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"NFEB":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":88,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.22003954}},"QQQ":{"kept":"2026-10-26","distributions":7,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":6,"agree":6},"vendor":{"weeks":88,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.31992029}}}}