-45.3%
ACHR vs GAP
+24.9%
-70.2%
-90.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.9% | -2.1% | +1.2% | -0.3% |
| 7D | -5.4% | -6.3% | +0.9% | -3.4% |
| 30D | -19.7% | -0.2% | -19.5% | -20.0% |
| 3M | +7.9% | 0.0% | +7.9% | +7.3% |
| 6M | -13.8% | -8.1% | -5.7% | -12.8% |
| YTD | -27.5% | -16.5% | -11.1% | -24.9% |
| 1Y | -33.9% | -10.5% | -23.5% | -33.5% |
| 3Y | -20.0% | +104.0% | -123.9% | -42.0% |
| 5Y | -44.0% | +6.8% | -50.7% | -57.9% |
| All | -45.3% | +24.9% | -70.2% | -62.0% |
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