+22.4%
CDNS vs QBTS
+1,125.6%
-1,103.3%
-34.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | QBTS | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.1% | -2.8% | -0.2% | -2.9% |
| 7D | +1.0% | -10.5% | +11.5% | +1.7% |
| 30D | -2.0% | -20.5% | +18.6% | -0.7% |
| 3M | -0.2% | -54.3% | +54.0% | +4.3% |
| 6M | -8.9% | -55.4% | +46.5% | -5.3% |
| YTD | +3.3% | -63.4% | +66.8% | +7.5% |
| 1Y | +2.2% | -59.1% | +61.3% | +5.5% |
| 3Y | +22.4% | +1,216.8% | -1,194.4% | +9.9% |
| All | +22.4% | +1,125.6% | -1,103.3% | +9.9% |
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