{"schemaVersion":1,"ticker":"TBJL","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/tbjl/","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, TBJL against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/tbjl/"},"benchmark":{"ticker":"TLT","name":"TLT","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"TBJL","b":"TLT","window":{"from":"2020-08-28","to":"2026-10-23","firstReturn":"2020-09-04","weeklyReturns":321,"years":6.15,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03202282,"perWeek":0.0006158235,"days":1538,"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":-0.22987229,"b":-0.38590558,"edge":"TBJL","lead":"TBJL"},"annualised":{"a":-0.04142991,"b":-0.07595012,"edge":"TBJL","lead":"TBJL"},"price":{"a":-0.22987229,"b":-0.49515889,"edge":"TBJL","lead":"TBJL"},"volatility":{"a":0.09504257,"b":0.14034407,"edge":"TBJL","lead":"TBJL"},"downsideDeviation":{"a":0.07289465,"b":0.10770359,"edge":"TBJL","lead":"TBJL"},"maxDrawdown":{"a":-0.28995874,"b":-0.46087746,"edge":"TBJL","lead":"TBJL","aPeak":"2020-09-25","aTrough":"2023-10-20","bPeak":"2020-09-25","bTrough":"2023-10-20"},"excess":{"a":-0.0698074,"b":-0.10111164,"edge":"TBJL","lead":"TBJL"},"sharpe":{"a":-0.73448558,"b":-0.72045543,"edge":"Tie"},"sortino":{"a":-0.95764778,"b":-0.93879546,"edge":"Tie"},"calmar":{"a":-0.1428821,"b":-0.16479461,"edge":"TBJL","lead":"TBJL"}},"relative":{"TBJL":{"on":"TLT","beta":0.64260823,"r2":0.90041831,"alpha":-0.00483222,"alphaT":-0.39769192,"alphaLow":-0.0287378,"alphaHigh":0.01907335,"upsideCapture":0.54875122,"downsideCapture":0.713779,"treynor":-0.10863135,"trackingError":0.05844088,"informationRatio":0.53565663,"upWeeks":154,"downWeeks":165,"treynorReference":-0.10111164,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"TLT","lead":"TLT"},"downsideCapture":{"edge":"TBJL","lead":"TBJL"},"treynor":{"edge":"TLT (slight)","lead":"TLT"},"informationRatio":{"edge":null,"lead":"TBJL","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"TBJL":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":321,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.22987229}},"TLT":{"kept":"2026-10-26","distributions":74,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":321,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.38590558}}}}