{"schemaVersion":1,"ticker":"PBP","asOf":"2026-10-26","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/pbp/","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, PBP against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/pbp/"},"benchmark":{"ticker":"SPY","name":"S&P 500 (SPY)","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate","status":"not-read"},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":0.0,"fiscalYearEnd":"2026-04-30","filed":"2026-07-06","url":"https://www.sec.gov/Archives/edgar/data/1209466/000119312526295502/8ded77b4a351c1c.htm"}},"kind":"benchmark","a":"PBP","b":"SPY","window":{"from":"2007-12-28","to":"2026-10-23","firstReturn":"2008-01-04","weeklyReturns":982,"years":18.82,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.01453452,"perWeek":0.0002795099,"days":4708,"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":1.63443281,"b":6.26676671,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.05263235,"b":0.11073572,"edge":"SPY","lead":"SPY"},"price":{"a":-0.09479044,"b":4.15933459,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.12955042,"b":0.18231134,"edge":"PBP","lead":"PBP"},"downsideDeviation":{"a":0.10171734,"b":0.12866192,"edge":"PBP","lead":"PBP"},"maxDrawdown":{"a":-0.41034711,"b":-0.52093958,"edge":"PBP","lead":"PBP","aPeak":"2008-05-16","aTrough":"2009-03-06","bPeak":"2007-12-28","bTrough":"2009-03-06"},"excess":{"a":0.04541156,"b":0.10739402,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.35053196,"b":0.58906936,"edge":"SPY","lead":"SPY"},"sortino":{"a":0.44644859,"b":0.8346994,"edge":"SPY","lead":"SPY"},"calmar":{"a":0.12826299,"b":0.21256921,"edge":"SPY","lead":"SPY"}},"relative":{"PBP":{"on":"SPY","beta":0.62727795,"r2":0.77923731,"alpha":-0.02195434,"alphaT":-1.56136917,"alphaLow":-0.04954738,"alphaHigh":0.0056387,"upsideCapture":0.43139295,"downsideCapture":0.66837369,"treynor":0.07239464,"trackingError":0.0912279,"informationRatio":-0.6794244,"upWeeks":564,"downWeeks":418,"treynorReference":0.10739402,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"PBP","lead":"PBP"},"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":{"PBP":{"kept":"2026-10-26","distributions":109,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":6,"agree":6},"vendor":{"weeks":982,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.63443281}},"SPY":{"kept":"2026-10-26","distributions":75,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2008-09-19","amount":0.69092,"vendor":0.664676},{"ex":"2020-03-20","amount":1.405559,"vendor":1.468475}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":982,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":6.26676671}}}}