{"schemaVersion":1,"ticker":"FHDG","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/fhdg/","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, FHDG against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/fhdg/"},"benchmark":{"ticker":"SPY","name":"State Street® SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"FHDG","b":"SPY","window":{"from":"2024-11-29","to":"2026-10-23","firstReturn":"2024-12-06","weeklyReturns":99,"years":1.9,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.040128,"perWeek":0.0007716923,"days":475,"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":0.20437838,"b":0.29027823,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.1026075,"b":0.14323818,"edge":"SPY","lead":"SPY"},"price":{"a":0.20437838,"b":0.26125633,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.09077094,"b":0.14885731,"edge":"FHDG","lead":"FHDG"},"downsideDeviation":{"a":0.06500934,"b":0.09917932,"edge":"FHDG","lead":"FHDG"},"maxDrawdown":{"a":-0.1204708,"b":-0.16877308,"edge":"FHDG","lead":"FHDG","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.06177038,"b":0.10492845,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.68050831,"b":0.70489286,"edge":"SPY (slight)","lead":"SPY"},"sortino":{"a":0.95017698,"b":1.05796701,"edge":"SPY","lead":"SPY"},"calmar":{"a":0.85172096,"b":0.84870277,"edge":"Tie"}},"relative":{"FHDG":{"on":"SPY","beta":0.56904944,"r2":0.87085666,"alpha":0.0020609,"alphaT":0.08631314,"alphaLow":-0.04532837,"alphaHigh":0.04945017,"upsideCapture":0.42788986,"downsideCapture":0.54402641,"treynor":0.10855011,"trackingError":0.07196735,"informationRatio":-0.59968965,"upWeeks":54,"downWeeks":45,"treynorReference":0.10492845,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"FHDG","lead":"FHDG"},"treynor":{"edge":"FHDG (slight)","lead":"FHDG"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"FHDG":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":99,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.20437838}},"SPY":{"kept":"2026-10-26","distributions":8,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":99,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.29027823}}}}