-5.1%
AVAV vs TAP
-23.7%
+18.6%
-75.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +10.5% | -4.5% | +15.0% | +9.3% |
| 7D | -10.6% | +0.5% | -11.1% | -10.3% |
| 30D | -18.8% | +9.1% | -27.9% | -16.8% |
| 3M | -34.1% | -3.8% | -30.3% | -34.5% |
| 6M | -35.3% | -3.4% | -31.9% | -35.2% |
| YTD | -53.4% | -10.6% | -42.7% | -54.3% |
| 1Y | -65.6% | -4.4% | -61.2% | -66.1% |
| 3Y | -5.1% | -24.4% | +19.3% | -10.6% |
| All | -5.1% | -23.7% | +18.6% | -10.6% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling