{"schemaVersion":1,"ticker":"PJUL","asOf":"2026-10-30","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/pjul/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-30","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, PJUL against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/pjul/"},"benchmark":{"ticker":"SPY","name":"SPY","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"PJUL","b":"SPY","window":{"from":"2018-08-17","to":"2026-10-30","firstReturn":"2018-08-24","weeklyReturns":428,"years":8.2,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.02810917,"perWeek":0.000540561,"days":2050,"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":0.97712592,"b":2.00386045,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.08634254,"b":0.1429727,"edge":"SPY","lead":"SPY"},"price":{"a":0.9608076,"b":1.651091,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.08883437,"b":0.18168646,"edge":"PJUL","lead":"PJUL"},"downsideDeviation":{"a":0.0614976,"b":0.12610373,"edge":"PJUL","lead":"PJUL"},"maxDrawdown":{"a":-0.16383764,"b":-0.3181115,"edge":"PJUL","lead":"PJUL","aPeak":"2020-02-14","aTrough":"2020-03-20","bPeak":"2020-02-14","bTrough":"2020-03-20"},"excess":{"a":0.05872408,"b":0.12229929,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.66105139,"b":0.67313379,"edge":"Tie"},"sortino":{"a":0.95490034,"b":0.96983093,"edge":"Tie"},"calmar":{"a":0.52700066,"b":0.44944211,"edge":"PJUL","lead":"PJUL"}},"relative":{"PJUL":{"on":"SPY","beta":0.46312126,"r2":0.89716537,"alpha":0.00208468,"alphaT":0.20879091,"alphaLow":-0.01754041,"alphaHigh":0.02170977,"upsideCapture":0.3575613,"downsideCapture":0.53895857,"treynor":0.12680067,"trackingError":0.10161829,"informationRatio":-0.62562762,"upWeeks":243,"downWeeks":185,"treynorReference":0.12229929,"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":"PJUL","lead":"PJUL"},"treynor":{"edge":"PJUL (slight)","lead":"PJUL"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"PJUL":{"kept":"2026-11-01","distributions":1,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":10,"agree":10},"vendor":{"weeks":428,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.97712592}},"SPY":{"kept":"2026-11-01","distributions":33,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2020-03-20","amount":1.405559,"vendor":1.468475}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":13,"agree":13},"vendor":{"weeks":428,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":2.00386045}}}}