-16.2%
BITO vs ADP
+49.5%
-65.7%
-76.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | ADP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.6% | +0.7% | -4.2% | -3.9% |
| 7D | -9.2% | +2.2% | -11.4% | -10.1% |
| 30D | -15.9% | +10.6% | -26.5% | -19.8% |
| 3M | +7.3% | +12.9% | -5.6% | +1.4% |
| 6M | -15.2% | +50.6% | -65.8% | -31.1% |
| YTD | -23.8% | +23.2% | -47.0% | -31.0% |
| 1Y | -32.2% | +25.3% | -57.4% | -39.4% |
| 3Y | +55.1% | +47.1% | +8.0% | +20.9% |
| All | -16.2% | +49.5% | -65.7% | -38.7% |
Cumulative growth
Daily Returns
Daily percentage return beside ADP.
Daily Out/Under-Performance
Portfolio return minus ADP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ADP 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 5y: compounded portfolio wealth divided by compounded ADP 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…
5y analysis · Full analysis span regression · 6 months rolling