-50.1%
CLS vs TAP
-3.1%
-47.0%
-56.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | -4.5% | +5.0% | -3.7% |
| 7D | -22.2% | +0.5% | -22.7% | -21.0% |
| 30D | -44.4% | +9.1% | -53.5% | -38.1% |
| 3M | -34.3% | -3.8% | -30.5% | -34.4% |
| 6M | -50.1% | -3.4% | -46.6% | -47.3% |
| All | -50.1% | -3.1% | -47.0% | -47.3% |
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 6mo: 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…
6mo analysis · Full analysis span regression · 6 months rolling