+163.7%
APD vs GAP
+34.2%
+129.5%
-31.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.2% | -0.2% | -1.0% | -1.2% |
| 7D | -2.5% | +1.7% | -4.2% | -2.7% |
| 30D | -1.9% | +9.3% | -11.2% | -3.2% |
| 3M | +8.2% | +6.1% | +2.1% | +7.1% |
| 6M | +10.7% | -2.3% | +13.0% | +10.2% |
| YTD | +22.9% | -10.6% | +33.5% | +23.4% |
| 1Y | +5.8% | -4.4% | +10.2% | +4.9% |
| 3Y | +7.8% | +118.3% | -110.5% | -10.1% |
| 5Y | +26.1% | +12.2% | +13.9% | +11.4% |
| 10Y | +163.7% | +33.7% | +130.0% | +100.3% |
| All | +163.7% | +34.2% | +129.5% | +100.3% |
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