+34.5%
CMS vs GAP
+2.1%
+32.3%
-28.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.7% | -0.8% | +2.5% | +1.7% |
| 7D | +1.7% | -1.9% | +3.6% | +1.8% |
| 30D | +6.2% | -7.1% | +13.2% | +6.4% |
| 3M | +0.6% | +4.1% | -3.5% | +0.4% |
| 6M | -1.8% | +1.9% | -3.7% | -2.0% |
| YTD | +3.8% | -15.2% | +19.1% | +4.1% |
| 1Y | -1.8% | -10.6% | +8.9% | -1.8% |
| 3Y | +39.8% | +74.6% | -34.8% | +33.2% |
| All | +34.5% | +2.1% | +32.3% | +28.6% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling