{"schemaVersion":1,"ticker":"QBSF","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/qbsf/","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, QBSF against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/qbsf/"},"benchmark":{"ticker":"SPY","name":"SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"QBSF","b":"SPY","window":{"from":"2025-07-11","to":"2026-10-23","firstReturn":"2025-07-18","weeklyReturns":67,"years":1.28,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.0386257,"perWeek":0.0007428019,"days":323,"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":0.09537442,"b":0.23516796,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.07326088,"b":0.17812221,"edge":"SPY","lead":"SPY"},"price":{"a":0.09537442,"b":0.21864276,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.02475695,"b":0.11636304,"edge":"QBSF","lead":"QBSF"},"downsideDeviation":{"a":0.01478288,"b":0.0695107,"edge":"QBSF","lead":"QBSF"},"maxDrawdown":{"a":-0.01096437,"b":-0.08388653,"edge":"QBSF","lead":"QBSF","aPeak":"2026-02-20","aTrough":"2026-03-20","bPeak":"2026-01-09","bTrough":"2026-03-27"},"excess":{"a":0.03242535,"b":0.13218569,"edge":"SPY","lead":"SPY"},"sharpe":{"a":1.30974762,"b":1.13597662,"edge":"QBSF","lead":"QBSF"},"sortino":{"a":2.19343993,"b":1.90165977,"edge":"QBSF","lead":"QBSF"},"calmar":{"a":6.68172029,"b":2.12337089,"edge":"QBSF","lead":"QBSF"}},"relative":{"QBSF":{"on":"SPY","beta":0.17644253,"r2":0.68776888,"alpha":0.00910217,"alphaT":0.73202807,"alphaLow":-0.01573061,"alphaHigh":0.03393496,"upsideCapture":0.1853282,"downsideCapture":0.16306793,"treynor":0.18377288,"trackingError":0.09682497,"informationRatio":-1.03031632,"upWeeks":40,"downWeeks":27,"treynorReference":0.13218569,"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":"QBSF","lead":"QBSF"},"treynor":{"edge":"QBSF","lead":"QBSF"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"QBSF":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":10,"agree":10},"vendor":{"weeks":67,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.09537442}},"SPY":{"kept":"2026-10-26","distributions":5,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":67,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.23516796}}}}