E&R Indexes — AlphaBlock
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// E&R Indexes

Live, regulated, and independently measured.

Every figure below comes from a live or completed mandate run by a licensed manager, or from an index calculated by Nasdaq.

How the E&R methodology works →
DISCLOSURE   Performance represents returns achieved in live, regulated portfolios by licensed managers. Past performance does not guarantee future results. Certain strategy details are withheld pending disclosure clearance. For qualified recipients only.
+8.24%
Annualised alpha · weighted by years of track
29.07%
Avg annualised return · gross · see tracking error per mandate below
10 / 12
Ahead of benchmark over their record
6
Regions served · North America, Latin America, Europe, Asia, Africa, Australia
12
Mandates in the record · 2 SEBI PMS · 7 licensee · 3 historical
How every number here is measured
Records as at 30 June 2026 · annualised · gross of fees unless stated
Exchange calculated
Nasdaq · RMIVG20
An E&R index calculated and published by Nasdaq, 2014–2021, with a 2004 base. Values are Nasdaq’s, not ours.
The Nasdaq record →
Regulated · publicly tracked
India · SEBI PMS
Two live funds run by a SEBI-registered portfolio manager since March 2023; TWRR returns computed and listed by PMS Bazaar.
The India record →
Licensee reported
Partner mandates
Returns for mandates run in Europe and North America are reported by the licensed manager from its own records. The +8.24% weighted alpha is our aggregate across all twelve.
Records available under NDA
Measured by you
60-day Sandbox
Before any agreement, E&R runs live-computed on a universe you choose, against your benchmark, measured by your own team.
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Performance evidence · 01

A 12-year validation roadmap

From Nasdaq Orpheus calculation in 2004 to nine live mandates across six continents in 2026 — validated live, never back-tested.

Phase 1 · Historical validation · 2004–2021 ↓ Phase 2 · Live expansion · 2023–present ↓
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Performance evidence · 02

Annualised alpha by strategy

Excess return above benchmark · % p.a.
Live mandate Historical (ended) Underperforming
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-8%0+8%+16%+24%

BT Energy: BT Asset Management Romania, Aug 2019–Mar 2021 · IR 1.98, highest across all validations. E&R Romania VG and E&R XLE VCG both launched Jan 2025 into adverse sector conditions; negative alpha reflects sector-level headwinds during this period, not a structural failure — 10 of 12 strategies continue to beat benchmark.

Performance evidence · 03

Absolute return & alpha contribution

Benchmark + alpha · label = total return
Benchmark return Alpha · live Alpha · historical Alpha drag
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0%25%50%75%100%

All figures annualised. Periods vary by mandate. Sources: live client data, SEBI-regulated TWRR, Nasdaq exchange records.

Live validation data · 04

Strategy validation summary

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Why weighted: the outperformers have compounded alpha for 3–10 years, while both negative-alpha mandates are under 18 months old. Every mandate with 3+ years of history is alpha-positive.

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For the live numbers and full historical validations, log in to your client account.

All returns annualised. Periods vary by mandate. Sources: live client data, SEBI-regulated TWRR, Nasdaq exchange records. Time-weighted average alpha = Σ(annualised alpha × years of track) ÷ Σ(years of track) ≈ +8.2% across ≈35 mandate-years; simple average +6.6%. Past performance does not guarantee future results. BT Energy and the Nasdaq Orpheus RMIVG 20 mandates are historical proofs and are not counted among the 30 E&R Ready-to-Deploy strategies.

Context · 05

The alpha industry, for comparison

Hedge funds are how the world has paid for alpha — 2-and-20 on assets. The industry's own benchmark, the HFRI Fund Weighted Composite — 2,000+ funds, net of all fees — compounded roughly 5% a year over the last decade, against ~13% for the S&P 500. The most expensive fee structure in finance didn't just miss alpha; on average it missed beta.

~5.2%
hedge-fund composite, annualised over the decade · net of fees
~13.1%
S&P 500 total return, same decade · the beta they trailed
+10.0%
the composite's 2024 — its best recent year (HFR)
0 upfront
E&R pay-for-alpha: no fee on assets · a pre-agreed share of verified alpha only
Every mandate from the table above · annualised return, its own period · hover a dot for the name
Live Historical Trailing own benchmark
HFRI decade pace · ~5.2% S&P 500 decade · ~13.1% E&R XME VCG
0% +25% +50% +75% +100%
12 of 12 mandates ran ahead of the hedge-fund composite's decade pace · 11 of 12 ahead of the S&P 500's — including the two currently trailing their own sector benchmarks.
The fee
They charge 2-and-20 on your assets — even in losing years. We charge nothing upfront: a share of verified alpha on standardised products, or a share of fees on the custom mandates we build with you.
The exit
Quarterly gates and lockups — vs daily-liquid listed securities held in the client's own regulated account.
The method
Black box — vs a published methodology: 19 SSRN papers, measured against public benchmarks anyone can check.

HFRI Fund Weighted Composite Index (HFR, Inc.): global, equal-weighted, 2,000+ single-manager funds, net of all fees; +10.0% in 2024; 2024 top-decile +37.3% vs bottom-decile −11.7% (HFR, Jan 2025). Decade pace ≈5.2% p.a. compounded from published calendar-year index returns 2015–2024; S&P 500 total return ≈13.1% p.a. over the same window. Mandate returns are from the validation table above — periods vary by mandate, model portfolios gross of fees. Long-only, benchmark-relative mandates are not risk-equivalent to hedged absolute-return funds; this comparison is about what investors paid for alpha, not volatility.

For fund managers

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Methodology briefing, mandate discussion, sandbox test on a chosen mandate, simulations and stress tests, plus ongoing implementation support.

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For asset owners and platforms

Run E&R on your own universe

Allocators and distribution platforms test the methodology in a 60-day Sandbox on a universe they choose, measured by their own team. AlphaBlock does not manage assets directly.

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Run E&R as your benchmark replacement.

For qualified managers and allocators: request access to the live strategies, full validation history, and licensing terms.

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