{"schemaVersion":1,"ticker":"QCJL","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/qcjl/","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, QCJL against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/qcjl/"},"benchmark":{"ticker":"QQQ","name":"Invesco QQQ Trust, Series 1","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"QCJL","b":"QQQ","window":{"from":"2024-08-02","to":"2026-10-23","firstReturn":"2024-08-09","weeklyReturns":116,"years":2.22,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04127734,"perWeek":0.000793795,"days":556,"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":0.30898859,"b":0.58762318,"edge":"QQQ","lead":"QQQ"},"annualised":{"a":0.12828684,"b":0.23024109,"edge":"QQQ","lead":"QQQ"},"price":{"a":0.30898859,"b":0.56969359,"edge":"QQQ","lead":"QQQ"},"volatility":{"a":0.08359677,"b":0.20364542,"edge":"QCJL","lead":"QCJL"},"downsideDeviation":{"a":0.05350925,"b":0.13074782,"edge":"QCJL","lead":"QCJL"},"maxDrawdown":{"a":-0.10307028,"b":-0.21344135,"edge":"QCJL","lead":"QCJL","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.08302696,"b":0.18689211,"edge":"QQQ","lead":"QQQ"},"sharpe":{"a":0.99318389,"b":0.91773292,"edge":"QCJL (slight)","lead":"QCJL"},"sortino":{"a":1.5516377,"b":1.42940897,"edge":"QCJL (slight)","lead":"QCJL"},"calmar":{"a":1.24465411,"b":1.0787089,"edge":"QCJL","lead":"QCJL"}},"relative":{"QCJL":{"on":"QQQ","beta":0.3753544,"r2":0.83609064,"alpha":0.01287619,"alphaT":0.56118719,"alphaLow":-0.03257679,"alphaHigh":0.05832916,"upsideCapture":0.27204563,"downsideCapture":0.44030244,"treynor":0.22119619,"trackingError":0.13163164,"informationRatio":-0.78905911,"upWeeks":68,"downWeeks":48,"treynorReference":0.18689211,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"QQQ","lead":"QQQ"},"downsideCapture":{"edge":"QCJL","lead":"QCJL"},"treynor":{"edge":"QCJL","lead":"QCJL"},"informationRatio":{"edge":null,"lead":"QQQ","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"QCJL":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":116,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.30898859}},"QQQ":{"kept":"2026-10-26","distributions":9,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":6,"agree":6},"vendor":{"weeks":116,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.58762318}}}}