Multiplicative functions resembling the Möbius funciton

A multiplicative function $f$ is said to be resembling the Möbius function if $f$ is supported on the square-free integers, and $f(p)=\pm 1$ for each prime $p$. We prove $O$- and $Ω$-results for the summatory function $\sum_{n\leq x} f(n)$ for a class of these $f$ studied by Aymone, and the point is that these $O$-results demonstrate cancellations better than the square-root saving. It is proved in particular that the summatory function is $O(x^{1/3+\varepsilon})$ under the Riemann Hypothesis. On the other hand it is proved to be $Ω(x^{1/4})$ unconditionally. It is interesting to compare these with the corresponding results for the Möbius function.

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