Qutest with M-Scaler gets close to the Hugo TT2 plus M-Scaler filter length 1,064,960 divided by 1,114,112 =95%.
that is definitely one way to think about it, but it would be rather incomplete... the hugo tt2 has a significantly better output stage (leaving aside driving headphones) and power supply -- i had the qutest and hugo tt2 simultaneously (along with the m scaler), and the sonic advantage afforded by the hugo tt2 over the qutest was substantial in my system, mostly in a more relaxed yet resolving nature of the sound, added midrange warmth and bass weight, and imaging size and most notably, depth