+115.8%
CMS vs GAP
+34.2%
+81.6%
-29.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | -0.2% | +0.7% | +0.5% |
| 7D | +1.2% | +1.7% | -0.5% | +1.1% |
| 30D | -3.2% | +9.3% | -12.5% | -3.7% |
| 3M | -2.2% | +6.1% | -8.3% | -2.7% |
| 6M | -9.4% | -2.3% | -7.1% | -9.6% |
| YTD | +0.7% | -10.6% | +11.3% | +0.8% |
| 1Y | +0.4% | -4.4% | +4.8% | 0.0% |
| 3Y | +35.2% | +118.3% | -83.1% | +25.1% |
| 5Y | +24.1% | +12.2% | +11.9% | +17.7% |
| 10Y | +115.8% | +33.7% | +82.1% | +76.3% |
| All | +115.8% | +34.2% | +81.6% | +76.3% |
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