-35.3%
CLS vs TAP
-10.2%
-25.1%
-56.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +7.9% | -1.2% | +9.0% | +7.0% |
| 7D | -10.6% | -7.8% | -2.7% | -15.5% |
| 30D | -38.4% | +7.1% | -45.6% | -34.3% |
| 3M | -29.9% | -7.0% | -22.8% | -31.2% |
| 6M | -40.6% | -3.8% | -36.8% | -38.7% |
| YTD | -24.6% | -11.7% | -12.9% | -24.8% |
| All | -35.3% | -10.2% | -25.1% | -35.5% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling