{"schemaVersion":1,"ticker":"HFGM","asOf":"2026-10-30","desk":"alternatives","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/hfgm/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-30","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, HFGM against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/hfgm/"},"benchmark":{"ticker":null,"name":null,"tier":null,"kind":null,"basisOnPage":null,"basisHere":"total"},"stated":{"index":"Bloomberg U.S. Aggregate Bond Index","namedIn":"its shareholder report","status":"priced","via":"AGG","r2":0.0046,"oneYear":{"from":"2025-10-30","to":"2026-10-30","fund":2.45554009,"ref":-0.29096694,"gap":2.74650703}},"absent":"no ETF prices its benchmark (none named)","notMeasured":"no priced benchmark","secondary":{"benchmark":{"ticker":"AGG","name":"Bloomberg U.S. Aggregate Bond Index","namedIn":"its shareholder report","role":"secondary","basisHere":"total"},"kind":"benchmark","a":"HFGM","b":"AGG","window":{"from":"2025-04-25","to":"2026-10-30","firstReturn":"2025-05-02","weeklyReturns":79,"years":1.51,"short":true,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.03931842,"perWeek":0.0007561235,"days":380,"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":0.28795566,"b":0.03751386,"edge":"HFGM","lead":"HFGM"},"annualised":{"a":0.18124461,"b":0.02453697,"edge":"HFGM","lead":"HFGM"},"price":{"a":0.16086602,"b":-0.02271805,"edge":"HFGM","lead":"HFGM"},"volatility":{"a":0.17447679,"b":0.03611205,"edge":"AGG","lead":"AGG"},"downsideDeviation":{"a":0.10965881,"b":0.02717696,"edge":"AGG","lead":"AGG"},"maxDrawdown":{"a":-0.13355652,"b":-0.04503836,"edge":"AGG","lead":"AGG","aPeak":"2026-03-06","aTrough":"2026-10-30","bPeak":"2026-02-27","bTrough":"2026-10-02"},"excess":{"a":0.14247064,"b":-0.01442807,"edge":"HFGM","lead":"HFGM"},"sharpe":{"a":0.81655924,"b":-0.39953615,"edge":"HFGM","lead":"HFGM"},"sortino":{"a":1.29921746,"b":-0.5308934,"edge":"HFGM","lead":"HFGM"},"calmar":{"a":1.357063,"b":0.54480164,"edge":"HFGM","lead":"HFGM"}},"relative":{"HFGM":{"on":"AGG","beta":0.43025976,"r2":0.00793031,"alpha":0.14867845,"alphaT":1.04610463,"alphaLow":-0.13433017,"alphaHigh":0.43168708,"upsideCapture":1.37708263,"downsideCapture":0.00912863,"treynor":0.33112703,"trackingError":0.17499727,"informationRatio":0.89657802,"upWeeks":41,"downWeeks":37,"treynorReference":-0.01442807,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"HFGM","lead":"HFGM"},"downsideCapture":{"edge":"HFGM","lead":"HFGM"},"treynor":{"edge":"HFGM","lead":"HFGM"},"informationRatio":{"edge":null,"lead":"HFGM","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"HFGM":{"kept":"2026-11-01","distributions":1,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":79,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.28795566}},"AGG":{"kept":"2026-11-01","distributions":18,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":79,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.03751386}}}}}