+71.5%
CDNS vs GAP
+6.6%
+64.9%
-31.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.2% | -4.6% | +4.7% | +0.9% |
| 7D | -7.2% | -3.2% | -4.0% | -6.7% |
| 30D | -14.3% | -0.7% | -13.6% | -14.4% |
| 3M | -27.2% | -0.5% | -26.7% | -27.5% |
| 6M | -4.5% | -5.0% | +0.5% | -4.8% |
| YTD | -9.0% | -14.7% | +5.7% | -7.7% |
| 1Y | -21.3% | -8.6% | -12.7% | -21.6% |
| 3Y | +19.6% | +108.4% | -88.8% | -2.9% |
| 5Y | +71.5% | +5.8% | +65.8% | +40.8% |
| All | +71.5% | +6.6% | +64.9% | +40.8% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling