+169.1%
APD vs GAP
+28.3%
+140.8%
-31.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.8% | -4.6% | +3.7% | -0.2% |
| 7D | -4.6% | -3.2% | -1.4% | -4.2% |
| 30D | -4.2% | -0.7% | -3.5% | -4.3% |
| 3M | +5.0% | -0.5% | +5.5% | +4.7% |
| 6M | +8.9% | -5.0% | +13.9% | +8.8% |
| YTD | +21.9% | -14.7% | +36.6% | +23.1% |
| 1Y | +5.6% | -8.6% | +14.2% | +5.3% |
| 3Y | +6.9% | +108.4% | -101.5% | -10.3% |
| 5Y | +25.3% | +5.8% | +19.6% | +11.7% |
| 10Y | +169.1% | +29.6% | +139.4% | +106.2% |
| All | +169.1% | +28.3% | +140.8% | +106.2% |
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