{"schemaVersion":1,"ticker":"QQJL","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/qqjl/","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, QQJL against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/qqjl/"},"benchmark":{"ticker":"QQQ","name":"Invesco QQQ Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"QQJL","b":"QQQ","window":{"from":"2026-07-10","to":"2026-10-23","firstReturn":"2026-07-17","weeklyReturns":15,"years":0.29,"short":true,"weekEnding":"2026-10-25","cumulativeOnly":"15 weekly returns, 2026-07-10 to 2026-10-23: cumulative numbers only, nothing annualised"},"riskFree":{"rate":0.03955405,"perWeek":0.0007606549,"days":74,"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":-0.00265077,"b":-0.02811283,"edge":"QQJL","lead":"QQJL"},"annualised":{"a":null,"b":null,"absent":"15 weekly returns, under the 52 an annualised number needs"},"price":{"a":-0.00265077,"b":-0.02909677,"edge":"QQJL","lead":"QQJL"},"volatility":{"a":null,"b":null,"absent":"15 weekly returns, under the 52 an annualised number needs"},"downsideDeviation":{"a":null,"b":null,"absent":"15 weekly returns, under the 52 an annualised number needs"},"maxDrawdown":{"a":-0.03305502,"b":-0.06238769,"edge":"QQJL","lead":"QQJL","aPeak":"2026-10-09","aTrough":"2026-10-23","bPeak":"2026-10-09","bTrough":"2026-10-23"},"excess":{"a":null,"b":null,"absent":"15 weekly returns, under the 52 an annualised number needs"},"sharpe":{"a":null,"b":null,"absent":"15 weekly returns, under the 52 an annualised number needs"},"sortino":{"a":null,"b":null,"absent":"15 weekly returns, under the 52 an annualised number needs"},"calmar":{"a":null,"b":null,"absent":"15 weekly returns, under the 52 an annualised number needs"}},"relative":{"QQJL":{"on":"QQQ","beta":0.51972211,"r2":0.98914455,"alpha":null,"alphaT":null,"alphaLow":null,"alphaHigh":null,"upsideCapture":null,"downsideCapture":null,"treynor":null,"trackingError":null,"informationRatio":null,"upWeeks":9,"downWeeks":6,"absent":"15 weekly returns: alpha, Treynor, the captures, tracking error and the information ratio need 52","edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true}}}},"sources":{"QQJL":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":4},"vendor":{"weeks":15,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.00265077}},"QQQ":{"kept":"2026-10-26","distributions":1,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":6,"agree":6},"vendor":{"weeks":15,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.02811283}}}}