{"schemaVersion":1,"ticker":"HFND","asOf":"2026-10-30","desk":"alternatives","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/hfnd/","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, HFND against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/hfnd/"},"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":0.1415,"oneYear":{"from":"2025-10-30","to":"2026-10-30","fund":3.25420474,"ref":-0.29096694,"gap":3.54517168}},"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":"HFND","b":"AGG","window":{"from":"2022-10-21","to":"2026-10-30","firstReturn":"2022-10-28","weeklyReturns":210,"years":4.02,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.04588618,"perWeek":0.0008824266,"days":1006,"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":0.2877376,"b":0.18819726,"edge":"HFND","lead":"HFND"},"annualised":{"a":0.06462179,"b":0.04362345,"edge":"HFND","lead":"HFND"},"price":{"a":0.16102741,"b":0.02762077,"edge":"HFND","lead":"HFND"},"volatility":{"a":0.08065311,"b":0.05587184,"edge":"AGG","lead":"AGG"},"downsideDeviation":{"a":0.06000113,"b":0.03835361,"edge":"AGG","lead":"AGG"},"maxDrawdown":{"a":-0.10512161,"b":-0.06931425,"edge":"AGG","lead":"AGG","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2023-04-06","bTrough":"2023-10-20"},"excess":{"a":0.02002653,"b":-0.0016195,"edge":"HFND","lead":"HFND"},"sharpe":{"a":0.24830452,"b":-0.0289859,"edge":"HFND","lead":"HFND"},"sortino":{"a":0.33376927,"b":-0.04222537,"edge":"HFND","lead":"HFND"},"calmar":{"a":0.61473367,"b":0.62935765,"edge":"AGG (slight)","lead":"AGG"}},"relative":{"HFND":{"on":"AGG","beta":0.34613596,"r2":0.05749593,"alpha":0.0205871,"alphaT":0.52710285,"alphaLow":-0.05641138,"alphaHigh":0.09758558,"upsideCapture":0.63142958,"downsideCapture":0.46923639,"treynor":0.05785742,"trackingError":0.0864034,"informationRatio":0.25052287,"upWeeks":111,"downWeeks":98,"treynorReference":-0.0016195,"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":"HFND","lead":"HFND"},"treynor":{"edge":"HFND","lead":"HFND"},"informationRatio":{"edge":null,"lead":"HFND","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"HFND":{"kept":"2026-11-01","distributions":4,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":210,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.2877376}},"AGG":{"kept":"2026-11-01","distributions":48,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":210,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.18819726}}}}}