-23.4%
BITO vs MMM
+22.1%
-45.4%
-45.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | MMM | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.9% | +9.5% | -6.7% | +0.6% |
| 7D | -1.9% | +12.2% | -14.2% | -4.6% |
| 30D | -6.7% | +18.8% | -25.6% | -10.5% |
| 3M | +23.1% | +7.4% | +15.7% | +21.2% |
| 6M | -2.0% | +38.3% | -40.4% | -12.0% |
| YTD | -11.4% | +22.9% | -34.2% | -16.1% |
| 1Y | -23.4% | +23.0% | -46.4% | -30.2% |
| All | -23.4% | +22.1% | -45.4% | -30.2% |
Cumulative growth
Daily Returns
Daily percentage return beside MMM.
Daily Out/Under-Performance
Portfolio return minus MMM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × MMM 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 MMM 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