+28.1%
CDNS vs TAP
-23.7%
+51.8%
-34.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.7% | -4.5% | +7.2% | +2.6% |
| 7D | -2.4% | +0.5% | -3.0% | -2.4% |
| 30D | -10.2% | +9.1% | -19.3% | -10.0% |
| 3M | -5.5% | -3.8% | -1.7% | -5.3% |
| 6M | -9.9% | -3.4% | -6.4% | -9.5% |
| YTD | +2.3% | -10.6% | +13.0% | +3.0% |
| 1Y | -1.4% | -4.4% | +3.0% | -1.3% |
| 3Y | +28.1% | -24.4% | +52.5% | +33.1% |
| All | +28.1% | -23.7% | +51.8% | +33.1% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling