-36.9%
BAX vs GAP
+28.3%
-65.2%
-81.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.9% | -4.6% | +2.7% | -1.4% |
| 7D | -5.1% | -3.2% | -1.9% | -4.7% |
| 30D | -12.2% | -0.7% | -11.5% | -12.2% |
| 3M | +21.8% | -0.5% | +22.3% | +21.7% |
| 6M | +36.3% | -5.0% | +41.3% | +36.6% |
| YTD | +27.8% | -14.7% | +42.5% | +29.5% |
| 1Y | -0.1% | -8.6% | +8.6% | +0.4% |
| 3Y | -33.3% | +108.4% | -141.7% | -39.7% |
| 5Y | -67.1% | +5.8% | -72.9% | -69.2% |
| 10Y | -36.9% | +29.6% | -66.6% | -45.8% |
| All | -36.9% | +28.3% | -65.2% | -45.8% |
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