-9.1%
BITO vs TAP
+1.3%
-10.4%
-77.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.9% | -4.1% | +2.2% | -1.1% |
| 7D | +1.5% | -2.3% | +3.9% | +2.0% |
| 30D | +20.0% | -9.4% | +29.4% | +22.0% |
| 3M | +22.8% | -0.8% | +23.6% | +22.5% |
| 6M | +13.1% | -14.7% | +27.8% | +16.1% |
| YTD | -12.5% | -13.9% | +1.5% | -11.0% |
| 1Y | -32.6% | -18.6% | -13.9% | -30.6% |
| 3Y | +151.0% | -32.0% | +183.1% | +167.6% |
| All | -9.1% | +1.3% | -10.4% | -10.7% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling