+19.4%
CDNS vs QBTS
+1,677.7%
-1,658.3%
-31.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | QBTS | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.9% | +6.6% | -9.5% | -3.3% |
| 7D | -9.2% | +6.8% | -16.1% | -9.6% |
| 30D | -16.3% | -14.9% | -1.4% | -15.5% |
| 3M | -27.9% | -31.6% | +3.7% | -26.7% |
| 6M | -4.3% | -4.9% | +0.6% | -5.1% |
| YTD | -9.1% | -32.4% | +23.3% | -8.7% |
| 1Y | -21.2% | +14.6% | -35.8% | -23.4% |
| 3Y | +19.4% | +1,839.6% | -1,820.2% | -6.1% |
| All | +19.4% | +1,677.7% | -1,658.3% | -6.1% |
Cumulative growth
Daily Returns
Daily percentage return beside QBTS.
Daily Out/Under-Performance
Portfolio return minus QBTS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × QBTS 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 3y: compounded portfolio wealth divided by compounded QBTS 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…
3y analysis · Full analysis span regression · 6 months rolling