+25.9%
CMS vs GAP
+9.0%
+16.9%
-28.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.2% | +0.5% | -0.7% | -0.2% |
| 7D | +0.4% | -4.5% | +4.8% | +0.5% |
| 30D | -3.6% | +9.0% | -12.6% | -3.9% |
| 3M | -1.9% | +5.0% | -6.9% | -2.2% |
| 6M | -11.0% | -17.8% | +6.8% | -10.5% |
| YTD | +0.2% | -10.4% | +10.6% | +0.3% |
| 1Y | -1.3% | -3.4% | +2.1% | -1.6% |
| 3Y | +35.9% | +111.5% | -75.5% | +28.7% |
| All | +25.9% | +9.0% | +16.9% | +16.8% |
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