{"schemaVersion":1,"ticker":"PBW","asOf":"2026-10-26","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/pbw/","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, PBW against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/pbw/"},"benchmark":{"ticker":"IWV","name":"Russell 3000 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"PBW","b":"IWV","window":{"from":"2005-03-11","to":"2026-10-23","firstReturn":"2005-03-18","weeklyReturns":1128,"years":21.62,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.01822579,"perWeek":0.0003504959,"days":5410,"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":-0.5454452,"b":7.9708335,"edge":"IWV","lead":"IWV"},"annualised":{"a":-0.03569378,"b":0.10643248,"edge":"IWV","lead":"IWV"},"price":{"a":-0.67556143,"b":5.26957787,"edge":"IWV","lead":"IWV"},"volatility":{"a":0.36716572,"b":0.17705233,"edge":"IWV","lead":"IWV"},"downsideDeviation":{"a":0.26163367,"b":0.12500118,"edge":"IWV","lead":"IWV"},"maxDrawdown":{"a":-0.88001395,"b":-0.54971932,"edge":"IWV","lead":"IWV","aPeak":"2021-02-12","aTrough":"2025-04-04","bPeak":"2007-10-12","bTrough":"2009-03-06"},"excess":{"a":0.01328343,"b":0.09882093,"edge":"IWV","lead":"IWV"},"sharpe":{"a":0.03617829,"b":0.55814535,"edge":"IWV","lead":"IWV"},"sortino":{"a":0.0507711,"b":0.79055998,"edge":"IWV","lead":"IWV"},"calmar":{"a":-0.04056047,"b":0.19361241,"edge":"IWV","lead":"IWV"}},"relative":{"PBW":{"on":"IWV","beta":1.58559875,"r2":0.58460916,"alpha":-0.14340692,"alphaT":-2.81281692,"alphaLow":-0.24344004,"alphaHigh":-0.0433738,"upsideCapture":1.65946892,"downsideCapture":1.33715446,"treynor":0.00837755,"trackingError":0.25835827,"informationRatio":-0.33108096,"upWeeks":651,"downWeeks":474,"treynorReference":0.09882093,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"IWV","lead":"IWV"},"alphaRange":{"edge":null},"upsideCapture":{"edge":"PBW","lead":"PBW"},"downsideCapture":{"edge":"IWV","lead":"IWV"},"treynor":{"edge":"IWV","lead":"IWV"},"informationRatio":{"edge":null,"lead":"IWV","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"PBW":{"kept":"2026-10-26","distributions":59,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2021-09-20","amount":0.2722,"vendor":0.286104},{"ex":"2021-12-20","amount":0.55285,"vendor":0.580461},{"ex":"2022-12-19","amount":0.62614,"vendor":0.655125}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":6,"agree":6},"vendor":{"weeks":1128,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.5454452}},"IWV":{"kept":"2026-10-26","distributions":88,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":1128,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":7.9708335}}}}