-37.1%
APP vs IAU
+1.0%
-38.1%
-68.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | IAU | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.8% | +1.8% | +3.0% | +3.5% |
| 7D | +79.2% | +4.9% | +74.3% | +73.8% |
| 30D | +48.0% | -1.4% | +49.4% | +49.4% |
| 3M | +18.2% | -4.8% | +23.0% | +20.9% |
| 6M | -12.5% | -12.5% | 0.0% | -5.4% |
| YTD | -39.2% | -4.2% | -35.0% | -30.9% |
| All | -37.1% | +1.0% | -38.1% | -33.1% |
Cumulative growth
Daily Returns
Daily percentage return beside IAU.
Daily Out/Under-Performance
Portfolio return minus IAU return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × IAU 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 1y: compounded portfolio wealth divided by compounded IAU 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…
1y analysis · Full analysis span regression · 6 months rolling