-39.9%
AXON vs TAP
+4.4%
-44.3%
-51.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.8% | +3.0% | -1.2% | +2.2% |
| 7D | +0.2% | +9.9% | -9.7% | +1.7% |
| 30D | +3.0% | +18.1% | -15.1% | +5.8% |
| 3M | -30.1% | +3.2% | -33.3% | -30.1% |
| 6M | +7.7% | +8.4% | -0.7% | +10.2% |
| YTD | -25.3% | -4.4% | -20.9% | -28.8% |
| 1Y | -39.9% | +3.2% | -43.2% | -43.2% |
| All | -39.9% | +4.4% | -44.3% | -43.2% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling