{"schemaVersion":1,"ticker":"QXQ","asOf":"2026-11-09","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/qxq/","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, QXQ against its benchmark, data as of 2026-11-09, https://etfiq.com/funds/qxq/"},"benchmark":{"ticker":"QQQ","name":"Nasdaq-100 (QQQ)","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate","status":"not-read"},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":0.0,"fiscalYearEnd":"2026-08-31","filed":"2026-11-09","url":"https://www.sec.gov/Archives/edgar/data/831114/000139834426019765/fp0099399-13_ncsrixbrl.htm"}},"kind":"benchmark","a":"QXQ","b":"QQQ","window":{"from":"2024-06-21","to":"2026-11-06","firstReturn":"2024-06-28","weeklyReturns":124,"years":2.38,"short":true,"weekEnding":"2026-11-08"},"riskFree":{"rate":0.0418684,"perWeek":0.0008051616,"days":595,"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":0.40400764,"b":0.38419006,"edge":"QXQ (slight)","lead":"QXQ"},"annualised":{"a":0.15292246,"b":0.14606991,"edge":"QXQ (slight)","lead":"QXQ"},"price":{"a":0.15581847,"b":0.36636261,"edge":"QQQ","lead":"QQQ"},"volatility":{"a":0.2025387,"b":0.20574779,"edge":"Tie"},"downsideDeviation":{"a":0.13571262,"b":0.13658969,"edge":"Tie"},"maxDrawdown":{"a":-0.21178641,"b":-0.21344135,"edge":"Tie","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.12101524,"b":0.11564064,"edge":"QXQ (slight)","lead":"QXQ"},"sharpe":{"a":0.59749192,"b":0.56205048,"edge":"QXQ (slight)","lead":"QXQ"},"sortino":{"a":0.8917022,"b":0.8466279,"edge":"QXQ (slight)","lead":"QXQ"},"calmar":{"a":0.72205984,"b":0.68435619,"edge":"QXQ (slight)","lead":"QXQ"}},"relative":{"QXQ":{"on":"QQQ","beta":0.96728977,"r2":0.9655338,"alpha":0.00915723,"alphaT":0.37339632,"alphaLow":-0.03939079,"alphaHigh":0.05770524,"upsideCapture":0.97975064,"downsideCapture":0.98491201,"treynor":0.12510754,"trackingError":0.038199,"informationRatio":0.14069993,"upWeeks":69,"downWeeks":55,"treynorReference":0.11564064,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"QQQ (slight)","lead":"QQQ"},"downsideCapture":{"edge":"Tie"},"treynor":{"edge":"QXQ (slight)","lead":"QXQ"},"informationRatio":{"edge":null,"lead":"QXQ","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"QXQ":{"kept":"2026-11-09","distributions":9,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":124,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.40400764}},"QQQ":{"kept":"2026-11-09","distributions":10,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":14,"agree":13},"vendor":{"weeks":124,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.38419006}}}}