+106.0%
ADM vs GAP
+12.0%
+94.0%
-54.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.8% | -1.2% | +0.4% | -0.6% |
| 7D | -1.8% | -0.1% | -1.8% | -1.9% |
| 30D | -13.3% | -5.4% | -7.8% | -12.7% |
| 3M | -13.4% | +2.9% | -16.3% | -14.1% |
| 6M | -9.6% | -4.4% | -5.2% | -9.9% |
| YTD | +23.0% | -11.6% | +34.6% | +23.3% |
| 1Y | +27.4% | -6.0% | +33.4% | +26.3% |
| 3Y | +5.7% | +78.0% | -72.3% | -10.7% |
| 5Y | +22.1% | +8.5% | +13.6% | +7.7% |
| 10Y | +106.0% | +8.6% | +97.3% | +50.8% |
| All | +106.0% | +12.0% | +94.0% | +50.8% |
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