{"schemaVersion":1,"ticker":"HFMF","asOf":"2026-10-30","desk":"alternatives","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/hfmf/","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, HFMF against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/hfmf/"},"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":0.0378,"oneYear":{"from":"2025-10-30","to":"2026-10-30","fund":9.54793458,"ref":-0.29096694,"gap":9.83890152}},"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":"HFMF","b":"AGG","window":{"from":"2025-07-25","to":"2026-10-30","firstReturn":"2025-08-01","weeklyReturns":66,"years":1.26,"short":true,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.03851164,"perWeek":0.0007406084,"days":318,"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":0.15703498,"b":0.02896841,"edge":"HFMF","lead":"HFMF"},"annualised":{"a":0.12178429,"b":0.02275428,"edge":"HFMF","lead":"HFMF"},"price":{"a":0.12431551,"b":-0.02122905,"edge":"HFMF","lead":"HFMF"},"volatility":{"a":0.13242961,"b":0.03689168,"edge":"AGG","lead":"AGG"},"downsideDeviation":{"a":0.08702627,"b":0.02813516,"edge":"AGG","lead":"AGG"},"maxDrawdown":{"a":-0.13923814,"b":-0.04503836,"edge":"AGG","lead":"AGG","aPeak":"2026-03-06","aTrough":"2026-07-02","bPeak":"2026-02-27","bTrough":"2026-10-02"},"excess":{"a":0.08515786,"b":-0.01533697,"edge":"HFMF","lead":"HFMF"},"sharpe":{"a":0.6430424,"b":-0.41572984,"edge":"HFMF","lead":"HFMF"},"sortino":{"a":0.97853042,"b":-0.54511769,"edge":"HFMF","lead":"HFMF"},"calmar":{"a":0.8746475,"b":0.50521997,"edge":"HFMF","lead":"HFMF"}},"relative":{"HFMF":{"on":"AGG","beta":-0.28129245,"r2":0.00614049,"alpha":0.08084368,"alphaT":0.68339293,"alphaLow":-0.15548276,"alphaHigh":0.31717012,"upsideCapture":0.58142861,"downsideCapture":-0.43858921,"treynor":-0.30273779,"trackingError":0.14022936,"informationRatio":0.71664612,"upWeeks":35,"downWeeks":30,"treynorReference":-0.01533697,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"AGG","lead":"AGG"},"downsideCapture":{"edge":"HFMF","lead":"HFMF"},"treynor":{"edge":"AGG","lead":"AGG"},"informationRatio":{"edge":null,"lead":"HFMF","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"HFMF":{"kept":"2026-11-01","distributions":1,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":66,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.15703498}},"AGG":{"kept":"2026-11-01","distributions":15,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":66,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.02896841}}}}}