{"url":"https://etfiq.com/research/quarterly/2026-q4-promise-index/","section":"research","title":"The ETFIQ Promise Index, 2026-Q4 | ETFIQ","description":"As of Nov 3, 2026, 68.0% of measured US ETFs (1,199 of 1,764) delivered on their category's promise, covering 97.8% of measured assets.","as_of":"Nov 3, 2026","structured_data":[{"@type":"Dataset","name":"ETFIQ Quarterly: the ETFIQ Promise Index, 2026-Q4","description":"As of Nov 3, 2026, 68.0% of measured US ETFs (1,199 of 1,764) delivered on their category's promise, covering 97.8% of measured assets.","url":"https://etfiq.com/research/quarterly/2026-q4-promise-index/","dateModified":"2026-11-03","temporalCoverage":"2024-09-30/2026-11-03","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/quarterly/2026-q4-promise.json"}],"variableMeasured":["Funds that delivered their own promise","Share of measured net assets that delivered","Share of net assets not measured"],"license":"https://etfiq.com/license/","creator":{"@id":"https://etfiq.com/#org"},"publisher":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"inLanguage":"en","creativeWorkStatus":"Published"},{"@type":"Report","name":"The ETFIQ Promise Index, 2026-Q4","description":"As of Nov 3, 2026, 68.0% of measured US ETFs (1,199 of 1,764) delivered on their category's promise, covering 97.8% of measured assets.","url":"https://etfiq.com/research/quarterly/2026-q4-promise-index/","datePublished":"2026-11-04","author":{"@type":"Organization","name":"ETFIQ Research","url":"https://etfiq.com/research/"},"publisher":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"inLanguage":"en"},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"ETFIQ Research","item":"https://etfiq.com/research/"},{"@type":"ListItem","position":3,"name":"ETFIQ Quarterly","item":"https://etfiq.com/research/quarterly/"},{"@type":"ListItem","position":4,"name":"2026-Q4 \u00b7 Promise Index","item":"https://etfiq.com/research/quarterly/2026-q4-promise-index/"}]},{"@type":"WebPage","name":"The ETFIQ Promise Index, 2026-Q4","description":"As of Nov 3, 2026, 68.0% of measured US ETFs (1,199 of 1,764) delivered on their category's promise, covering 97.8% of measured assets.","url":"https://etfiq.com/research/quarterly/2026-q4-promise-index/","dateModified":"2026-11-03","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":7367,"truncated":false,"content":"ETFIQ / ETFIQ Research / ETFIQ Quarterly / 2026-Q4 \u00b7 Promise Index \n \n By ETFIQ Research. Data as of Nov 3, 2026, published Nov 4, 2026.\n The ETFIQ Promise Index, 2026-Q4\n As of Nov 3, 2026, 68.0% of measured US ETFs (1,199 of 1,764) delivered on their category's promise, covering 97.8% of measured assets.\n Free to quote.\n Download the PDF Print this page \n 68.0% of 1,764 measured funds delivered \n 97.8% of measured net assets sit in funds that delivered \n 291 of 1,764 missed their own promise \n 53.0% of all net assets (3,306 funds) could not be measured \n\n What this study found Income funds missed most. 190 of 322 measured income ETFs missed.\n 1,802 of 1,879 stock ETFs could not be tested. \n \n Results by category\n Buffer 55 of 55 delivered \n\n Commodities 21 of 21 delivered \n\n Stocks 76 of 77 delivered \n\n Bonds 531 of 550 delivered \n\n Crypto 51 of 54 delivered \n\n Alternatives 16 of 21 delivered \n\n Leverage 366 of 655 delivered \n\n Allocation 5 of 9 delivered \n\n Income 78 of 322 delivered \n\n Themes not measured (427 funds) \n\n Green delivered, grey partly, red missed.\n\n By category, Nov 3, 2026. Source: ETFIQ. Category Funds Measured Delivered Partly Missed Funds that delivered Net assets that delivered Net assets not measured \n Buffer 524 55 55 0 0 100.0% 100.0% 84.7% \n Commodities 68 21 21 0 0 100.0% 100.0% 12.7% \n Stocks 1,879 77 76 1 0 98.7% 100.0% 60.5% \n Bonds 844 550 531 15 4 96.5% 98.6% 23.4% \n Crypto 70 54 51 1 2 94.4% 99.6% 1.8% \n Alternatives 90 21 16 4 1 76.2% 69.1% 69.5% \n Leverage 731 655 366 196 93 55.9% 84.9% 3.1% \n Allocation 60 9 5 3 1 55.6% 93.5% 61.4% \n Income 377 322 78 54 190 24.2% 48.3% 0.5% \n Themes 427 0 0 0 0 not measured not measured 100.0% \n All categories 5,070 1,764 1,199 274 291 68.0% 97.8% 53.0% \n \n 68.0% of funds delivered, but 97.8% of assets did. Big stock and bond funds nearly all delivered. Many income and leveraged funds did not.\n Largest misses\n Two largest per category. Gap is in each test\u2019s own unit.\n Largest misses, Nov 3, 2026. Source: ETFIQ. Ticker Fund Category Test Gap Window Net assets \n BSJQ Invesco BulletShares 2026 High Yield Corporate Bond ETF Bonds Duration and credit against its name 33.5% its latest N-PORT, Aug 31, 2026 $669.1m \n IBHF iShares iBonds 2026 Term High Yield and Income ETF Bonds Duration and credit against its name 29.9% its latest N-PORT, Jul 31, 2026 $610.7m \n GSUI Grayscale Sui Staking ETF Crypto Tracking its coin, net of its fee \u221224.3 pts since launch, Nov 24, 2025 to Nov 3, 2026 $21.0m \n LTCN Grayscale Litecoin Trust (LTC) Crypto Tracking its coin, net of its fee \u221210.2 pts 1 year, Nov 3, 2025 to Nov 3, 2026 not published \n BTAL AGF U.S. Market Neutral Anti-Beta Fund Alternatives Its stated objective \u22120.67 52 weeks, Nov 4, 2025 to Nov 3, 2026 $282.9m \n TSLL Direxion Daily TSLA Bull 2X ETF Leverage Against its daily multiple, compounded \u22124.5 pts 3 months, Aug 4, 2026 to Nov 3, 2026 $3.7bn \n BITX 2x Bitcoin ETF Leverage Against its daily multiple, compounded \u22124.4 pts 3 months, Aug 4, 2026 to Nov 3, 2026 $1.0bn \n XRLX FundX Conservative ETF Allocation Stock share against its name 2 bands off its latest N-PORT, Jun 30, 2026 $49.5m \n QQQI NEOS Nasdaq-100 High Income ETF Income Total return against the cash paid 43.8% 1 year, Nov 3, 2025 to Nov 3, 2026 $15.5bn \n TLTW iShares TLT Premium Income+ ETF Income Total return against the cash paid \u221212.6% 1 year, Nov 3, 2025 to Nov 3, 2026 $1.6bn \n \n Clean deliveries\n Largest deliveries, Nov 3, 2026. Source: ETFIQ. Ticker Fund Category Test Gap Window Net assets \n BALT Innovator Defined Wealth Shield ETF - Quarterly Buffer Outcome against the stated cap and buffer +0.10 pts finished outcome period, Jun 30, 2026 to Sep 30, 2026 $3.2bn \n GLD SPDR Gold Shares Commodities Tracking its own index +0.04 pts 1 year, Nov 3, 2025 to Nov 3, 2026 $132.3bn \n VOO Vanguard S&P 500 ETF Stocks Tracking its own index 0.00 pts 1 year, Nov 3, 2025 to Nov 3, 2026 $1.0tn \n BND Vanguard Total Bond Market ETF Bonds Duration and credit against its name +0.04 pts 1 year, Nov 3, 2025 to Nov 3, 2026 $161.4bn \n IBIT iShares Bitcoin Trust ETF Crypto Tracking its coin, net of its fee +0.01 pts 1 year, Nov 3, 2025 to Nov 3, 2026 $62.4bn \n HELO JPMorgan Hedged Equity Laddered Overlay ETF Alternatives Its stated objective 55.9% 52 weeks, Nov 4, 2025 to Nov 3, 2026 $4.9bn \n TQQQ ProShares UltraPro QQQ Leverage Against its daily multiple, compounded \u22122.0 pts 3 months, Aug 4, 2026 to Nov 3, 2026 $32.5bn \n AOR iShares Core 60/40 Balanced Allocation ETF Allocation Stock share against its name +1.1 pts its latest N-PORT, Jul 31, 2026 $3.9bn \n JEPI JPMorgan Equity Premium Income ETF Income Total return against the cash paid 124.7% 1 year, Nov 3, 2025 to Nov 3, 2026 $46.1bn \n \n What was not measured\n 3,306 of 5,070 funds could not be tested. They hold 53.0% of all net assets.\n Funds not measured, Nov 3, 2026. Source: ETFIQ. Reason Funds \n Names no index to track 1,118 \n Index no other ETF tracks 1,013 \n Buffer, no finished outcome period 459 \n No objective ETFIQ can measure 60 \n Leveraged, no three-month number 71 \n Income, paid no cash in window 55 \n Name gives no stock share 51 \n Other, named on the fund page 479 \n \n How each is tested\n Tests are in the method .\n Test and window by category. Source: ETFIQ. Category It promises to Test Window \n Buffer Pay the outcome its cap and buffer state Outcome against the stated cap and buffer finished outcome period \n Commodities Track the asset or index it names Tracking its own index 1 year \n Stocks Track the index it names Tracking its own index 1 year \n Bonds Hold the duration and credit its name states, and track its index Duration and credit against its name 1 year, its latest N-PORT \n Crypto Track its coin, less its fee Tracking its coin, net of its fee 1 year, since launch \n Alternatives Meet the objective its strategy states Its stated objective 52 weeks \n Leverage Deliver its multiple of each day's move Against its daily multiple, compounded 3 months, month, quarter \n Allocation Hold the stock share its name states Stock share against its name its latest N-PORT \n Income Pay income without spending the holder's capital Total return against the cash paid 1 year, since launch \n Themes Hold its theme Exposure to its theme none measured \n \n Limits\n One night\u2019s data. Each category has its own test window.\n Delivered is a test result, not a recommendation.\n 12 measured crypto funds publish no net assets, so count in funds only.\n Check it yourself\n Data file Every measured fund, with counts and reasons https://etfiq.com/data/quarterly/2026-q4-promise.json \n\n Where to next\n The live Promise Index How the scores and tests work Every edition ETFIQ Research \n Cite this page. ETFIQ, The ETFIQ Promise Index, 2026-Q4, data as of Nov 4, 2026. https://etfiq.com/research/quarterly/2026-q4-promise-index/ Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, The ETFIQ Promise Index, 2026-Q4, data as of Nov 4, 2026. https://etfiq.com/research/quarterly/2026-q4-promise-index/ APA ETFIQ. (Nov 4, 2026). The ETFIQ Promise Index, 2026-Q4. Retrieved from https://etfiq.com/research/quarterly/2026-q4-promise-index/ Markdown [The ETFIQ Promise Index, 2026-Q4 (ETFIQ, Nov 4, 2026)](https://etfiq.com/research/quarterly/2026-q4-promise-index/)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, The ETFIQ Promise Index, 2026-Q4, data as of Nov 4, 2026. https://etfiq.com/research/quarterly/2026-q4-promise-index/"}