{"schemaVersion":1,"ticker":"QQQT","asOf":"2026-11-09","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/qqqt/","methodology":"https://etfiq.com/methodology/","as_of":"2026-11-09","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, QQQT against its benchmark, data as of 2026-11-09, https://etfiq.com/funds/qqqt/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Total Return Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"QQQT","b":"VOO","window":{"from":"2024-06-28","to":"2026-11-06","firstReturn":"2024-07-05","weeklyReturns":123,"years":2.36,"short":true,"weekEnding":"2026-11-08"},"riskFree":{"rate":0.0417678,"perWeek":0.0008032269,"days":590,"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":0.26951606,"b":0.38889293,"edge":"VOO","lead":"VOO"},"annualised":{"a":0.10615127,"b":0.14898736,"edge":"VOO","lead":"VOO"},"price":{"a":-0.21295831,"b":0.35162858,"edge":"VOO","lead":"VOO"},"volatility":{"a":0.1961054,"b":0.1487545,"edge":"VOO","lead":"VOO"},"downsideDeviation":{"a":0.13324372,"b":0.09800737,"edge":"VOO","lead":"VOO"},"maxDrawdown":{"a":-0.20994455,"b":-0.1668507,"edge":"VOO","lead":"VOO","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.07831154,"b":0.10829907,"edge":"VOO","lead":"VOO"},"sharpe":{"a":0.39933395,"b":0.72803899,"edge":"VOO","lead":"VOO"},"sortino":{"a":0.58773161,"b":1.10500951,"edge":"VOO","lead":"VOO"},"calmar":{"a":0.50561574,"b":0.89293819,"edge":"VOO","lead":"VOO"}},"relative":{"QQQT":{"on":"VOO","beta":1.24223923,"r2":0.88791535,"alpha":-0.05622181,"alphaT":-1.30492552,"alphaLow":-0.14151856,"alphaHigh":0.02907494,"upsideCapture":1.28570394,"downsideCapture":1.21333521,"treynor":0.06304063,"trackingError":0.07489284,"informationRatio":-0.40040581,"upWeeks":68,"downWeeks":55,"treynorReference":0.10829907,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"QQQT","lead":"QQQT"},"downsideCapture":{"edge":"VOO","lead":"VOO"},"treynor":{"edge":"VOO","lead":"VOO"},"informationRatio":{"edge":null,"lead":"VOO","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"QQQT":{"kept":"2026-11-10","distributions":28,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":17,"agree":17},"vendor":{"weeks":123,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.26951606}},"VOO":{"kept":"2026-11-10","distributions":9,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":16,"agree":16},"vendor":{"weeks":123,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.38889293}}}}