+25.9%
CMS vs TAP
+2.2%
+23.7%
-28.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.2% | -0.2% | 0.0% | -0.2% |
| 7D | +0.4% | -2.3% | +2.7% | +0.9% |
| 30D | -3.6% | -2.1% | -1.5% | -3.2% |
| 3M | -1.9% | +6.6% | -8.5% | -3.5% |
| 6M | -11.0% | -11.5% | +0.5% | -8.9% |
| YTD | +0.2% | -10.3% | +10.5% | +1.9% |
| 1Y | -1.3% | -14.4% | +13.1% | +1.2% |
| 3Y | +35.9% | -28.3% | +64.2% | +44.2% |
| All | +25.9% | +2.2% | +23.7% | +25.2% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling