{"schemaVersion":1,"ticker":"USHY","asOf":"2026-10-26","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/ushy/","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, USHY against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/ushy/"},"benchmark":{"ticker":"SPHY","name":"ICE BofA US High Yield Index","tier":1,"kind":"related index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"USHY","b":"SPHY","window":{"from":"2017-11-03","to":"2026-10-23","firstReturn":"2017-11-10","weeklyReturns":468,"years":8.97,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.0271004,"perWeek":0.0005211616,"days":2242,"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":0.47308978,"b":0.47402416,"edge":"Tie"},"annualised":{"a":0.04397989,"b":0.04405345,"edge":"Tie"},"price":{"a":-0.14907179,"b":-0.15862327,"edge":"USHY (slight)","lead":"USHY"},"volatility":{"a":0.09719618,"b":0.08803925,"edge":"SPHY (slight)","lead":"SPHY"},"downsideDeviation":{"a":0.06823232,"b":0.06356516,"edge":"SPHY (slight)","lead":"SPHY"},"maxDrawdown":{"a":-0.21862212,"b":-0.21479388,"edge":"Tie","aPeak":"2020-02-14","aTrough":"2020-03-20","bPeak":"2020-02-14","bTrough":"2020-03-20"},"excess":{"a":0.02070462,"b":0.01994221,"edge":"USHY (slight)","lead":"USHY"},"sharpe":{"a":0.21301884,"b":0.226515,"edge":"SPHY (slight)","lead":"SPHY"},"sortino":{"a":0.30344294,"b":0.31372863,"edge":"SPHY (slight)","lead":"SPHY"},"calmar":{"a":0.20116855,"b":0.2050964,"edge":"Tie"}},"relative":{"USHY":{"on":"SPHY","beta":1.07454379,"r2":0.94733276,"alpha":-0.00072416,"alphaT":-0.09724281,"alphaLow":-0.01535792,"alphaHigh":0.01390959,"upsideCapture":1.03955333,"downsideCapture":1.03728551,"treynor":0.01926829,"trackingError":0.02325129,"informationRatio":0.03278982,"upWeeks":262,"downWeeks":197,"treynorReference":0.01994221,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"USHY (slight)","lead":"USHY"},"downsideCapture":{"edge":"SPHY (slight)","lead":"SPHY"},"treynor":{"edge":"SPHY (slight)","lead":"SPHY"},"informationRatio":{"edge":null,"lead":"USHY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"USHY":{"kept":"2026-10-26","distributions":108,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":468,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.47308978}},"SPHY":{"kept":"2026-10-26","distributions":107,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":468,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.47402416}}}}