-32.8%
AAL vs CMS
+23.4%
-56.2%
-59.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | CMS | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.2% | -0.2% | +1.4% | +1.3% |
| 7D | -3.7% | +0.4% | -4.1% | -3.8% |
| 30D | -20.8% | -3.6% | -17.2% | -20.2% |
| 3M | -1.3% | -1.9% | +0.6% | -1.0% |
| 6M | +5.4% | -11.0% | +16.3% | +7.9% |
| YTD | -14.4% | +0.2% | -14.5% | -14.5% |
| 1Y | +2.1% | -1.3% | +3.4% | +2.2% |
| 3Y | -10.6% | +35.9% | -46.5% | -17.2% |
| All | -32.8% | +23.4% | -56.2% | -35.5% |
Cumulative growth
Daily Returns
Daily percentage return beside CMS.
Daily Out/Under-Performance
Portfolio return minus CMS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × CMS return. Early observations use the first valid beta; later observations use the trailing beta estimated for each date.
Cumulative Out/Under-Performance
Relative wealth over 5y: compounded portfolio wealth divided by compounded CMS wealth, less one. Both series rebase at the selected span's start.
Cumulative Alpha
Compounded beta-adjusted residual returns apply the first valid beta to early observations, then the trailing beta ending on each date.
Updating return analytics…
5y analysis · Full analysis span regression · 6 months rolling