-0.9%
APA vs TAP
-49.5%
+48.6%
-93.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.2% | -1.2% | +1.0% | +0.5% |
| 7D | -8.7% | -7.8% | -0.9% | -4.7% |
| 30D | -2.4% | +7.1% | -9.5% | -7.4% |
| 3M | +19.0% | -7.0% | +26.0% | +22.0% |
| 6M | +26.8% | -3.8% | +30.6% | +26.3% |
| YTD | +87.3% | -11.7% | +99.0% | +94.6% |
| 1Y | +92.3% | -10.1% | +102.4% | +96.9% |
| 3Y | +37.3% | -23.7% | +61.0% | +49.5% |
| 5Y | +73.2% | +2.9% | +70.3% | +41.5% |
| 10Y | -0.9% | -49.5% | +48.6% | -9.5% |
| All | -0.9% | -49.5% | +48.6% | -9.5% |
Cumulative growth
Daily Returns
Daily percentage return beside TAP.
Daily Out/Under-Performance
Portfolio return minus TAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TAP 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 TAP 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