+500.0%
APP vs TAP
-6.4%
+506.5%
-91.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +9.9% | -4.5% | +14.4% | +10.1% |
| 7D | +71.2% | +0.5% | +70.7% | +70.7% |
| 30D | +39.1% | +9.1% | +29.9% | +37.5% |
| 3M | +16.5% | -3.8% | +20.3% | +16.6% |
| 6M | -16.6% | -3.4% | -13.1% | -16.6% |
| YTD | -41.9% | -10.6% | -31.3% | -42.0% |
| 1Y | -37.0% | -4.4% | -32.6% | -38.2% |
| 3Y | +892.4% | -24.4% | +916.8% | +911.9% |
| 5Y | +297.3% | +2.1% | +295.2% | +284.3% |
| All | +500.0% | -6.4% | +506.5% | +485.0% |
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