{"schemaVersion":1,"ticker":"PBJN","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/pbjn/","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, PBJN against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/pbjn/"},"benchmark":{"ticker":"SPY","name":"SPDR S&P 500 ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"PBJN","b":"SPY","window":{"from":"2024-06-14","to":"2026-10-23","firstReturn":"2024-06-21","weeklyReturns":123,"years":2.36,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04196129,"perWeek":0.0008069479,"days":589,"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":0.23854987,"b":0.44140274,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.09466316,"b":0.16715561,"edge":"SPY","lead":"SPY"},"price":{"a":0.23854987,"b":0.4001437,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.06690673,"b":0.14837274,"edge":"PBJN","lead":"PBJN"},"downsideDeviation":{"a":0.04344418,"b":0.09715345,"edge":"PBJN","lead":"PBJN"},"maxDrawdown":{"a":-0.0763798,"b":-0.16877308,"edge":"PBJN","lead":"PBJN","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.05078455,"b":0.12378734,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.75903497,"b":0.83429977,"edge":"SPY (slight)","lead":"SPY"},"sortino":{"a":1.1689609,"b":1.2741425,"edge":"SPY (slight)","lead":"SPY"},"calmar":{"a":1.23937425,"b":0.99041635,"edge":"PBJN","lead":"PBJN"}},"relative":{"PBJN":{"on":"SPY","beta":0.42169692,"r2":0.87451935,"alpha":-0.00141619,"alphaT":-0.0909109,"alphaLow":-0.03225651,"alphaHigh":0.02942413,"upsideCapture":0.32336222,"downsideCapture":0.43193601,"treynor":0.12042903,"trackingError":0.08901749,"informationRatio":-0.82009496,"upWeeks":70,"downWeeks":53,"treynorReference":0.12378734,"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":"PBJN","lead":"PBJN"},"treynor":{"edge":"SPY (slight)","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":{"PBJN":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":123,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.23854987}},"SPY":{"kept":"2026-10-26","distributions":10,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":123,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.44140274}}}}