-66.0%
AAL vs GAP
+7.3%
-73.3%
-84.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.1% | -2.0% | +1.9% | +0.7% |
| 7D | +3.4% | -9.3% | +12.8% | +7.4% |
| 30D | +11.7% | -5.5% | +17.2% | +14.1% |
| 3M | -7.8% | +3.5% | -11.3% | -9.8% |
| 6M | +10.2% | +0.7% | +9.6% | +7.9% |
| YTD | -8.0% | -13.4% | +5.3% | -5.4% |
| 1Y | +8.5% | -7.7% | +16.2% | +8.8% |
| 3Y | +19.5% | +74.4% | -54.9% | -18.7% |
| 5Y | -33.9% | +5.3% | -39.2% | -49.0% |
| 10Y | -66.0% | +4.7% | -70.7% | -81.9% |
| All | -66.0% | +7.3% | -73.3% | -81.9% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 10y: compounded portfolio wealth divided by compounded GAP 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…
10y analysis · Full analysis span regression · 6 months rolling