{"schemaVersion":1,"ticker":"TJUL","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/tjul/","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, TJUL against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/tjul/"},"benchmark":{"ticker":"SPY","name":"SPY","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"TJUL","b":"SPY","window":{"from":"2023-07-28","to":"2026-10-23","firstReturn":"2023-08-04","weeklyReturns":169,"years":3.24,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.0452963,"perWeek":0.0008710826,"days":810,"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":0.2325421,"b":0.73074761,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.06644633,"b":0.18386638,"edge":"SPY","lead":"SPY"},"price":{"a":0.2325421,"b":0.66324521,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.03645049,"b":0.14182775,"edge":"TJUL","lead":"TJUL"},"downsideDeviation":{"a":0.02510002,"b":0.09200797,"edge":"TJUL","lead":"TJUL"},"maxDrawdown":{"a":-0.03573333,"b":-0.16877308,"edge":"TJUL","lead":"TJUL","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.01973704,"b":0.13377399,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.54147518,"b":0.94321451,"edge":"SPY","lead":"SPY"},"sortino":{"a":0.78633549,"b":1.45393924,"edge":"SPY","lead":"SPY"},"calmar":{"a":1.8595055,"b":1.08942959,"edge":"TJUL","lead":"TJUL"}},"relative":{"TJUL":{"on":"SPY","beta":0.22758808,"r2":0.78417802,"alpha":-0.01070833,"alphaT":-1.12696474,"alphaLow":-0.02946769,"alphaHigh":0.00805104,"upsideCapture":0.17476905,"downsideCapture":0.22344572,"treynor":0.08672263,"trackingError":0.11085049,"informationRatio":-1.02874565,"upWeeks":98,"downWeeks":71,"treynorReference":0.13377399,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"TJUL","lead":"TJUL"},"treynor":{"edge":"SPY","lead":"SPY"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"TJUL":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":169,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.2325421}},"SPY":{"kept":"2026-10-26","distributions":13,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":169,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.73074761}}}}