Bandwidth is computed for |Γ| < 0.1 (return loss > 20 dB). For simplicity, √ε_eff ≈ √ε_r is assumed.
Top: line Z_0 → intermediate Z_T (λ_g/4) → load Z_L. At f₀ the incident and reflected waves cancel and the standing wave vanishes / Bottom: |Γ| vs f/f₀ (blue = with transformer, gray dashed = without, red dashed = |Γ|=0.1, ● = current operating frequency)
Characteristic impedance of the quarter-wave line inserted between $Z_0$ and a real load $Z_L$:
$$Z_T = \sqrt{Z_0\,Z_L}$$Effective wavelength on a substrate (relative permittivity $\varepsilon_r$) and physical length:
$$\lambda_g = \frac{c}{f_0\sqrt{\varepsilon_\text{eff}}},\quad l=\frac{\lambda_g}{4}$$At the design frequency $f_0$, $\beta l=\pi/2$, so the input impedance, reflection coefficient and VSWR are:
$$Z_\text{in}=\frac{Z_T^{2}}{Z_L}=Z_0,\quad \Gamma=\frac{Z_\text{in}-Z_0}{Z_\text{in}+Z_0},\quad \mathrm{VSWR}=\frac{1+|\Gamma|}{1-|\Gamma|}$$The frequency dependence is computed exactly from the electrical length $\beta l=\tfrac{\pi}{2}\,(f/f_0)$. The relative bandwidth satisfying $|\Gamma|<0.1$ shrinks as $Z_L/Z_0$ grows.