+132.3%
CMS vs GAP
+20.3%
+112.0%
-29.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | +3.5% | -3.0% | +0.3% |
| 7D | -0.9% | 0.0% | -1.0% | -0.9% |
| 30D | +7.1% | -4.3% | +11.4% | +7.3% |
| 3M | -1.3% | +9.4% | -10.7% | -1.9% |
| 6M | -2.7% | -3.3% | +0.6% | -2.8% |
| YTD | +2.6% | -10.5% | +13.2% | +2.7% |
| 1Y | -2.0% | -2.4% | +0.4% | -2.5% |
| 3Y | +39.6% | +80.1% | -40.5% | +30.8% |
| 5Y | +35.3% | +6.5% | +28.9% | +28.8% |
| 10Y | +132.3% | +14.6% | +117.7% | +88.9% |
| All | +132.3% | +20.3% | +112.0% | +88.9% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 10y: compounded portfolio wealth divided by compounded GAP 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…
10y analysis · Full analysis span regression · 6 months rolling