+167.6%
COPX vs GAP
+3.0%
+164.6%
-42.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -7.0% | -2.1% | -4.9% | -6.7% |
| 7D | -2.9% | -6.3% | +3.4% | -1.9% |
| 30D | 0.0% | -0.2% | +0.3% | -0.2% |
| 3M | +14.8% | 0.0% | +14.8% | +14.4% |
| 6M | +7.0% | -8.1% | +15.2% | +7.7% |
| YTD | +23.8% | -16.5% | +40.3% | +26.0% |
| 1Y | +75.7% | -10.5% | +86.2% | +76.1% |
| 3Y | +156.4% | +104.0% | +52.4% | +112.4% |
| 5Y | +167.6% | +6.8% | +160.8% | +118.1% |
| All | +167.6% | +3.0% | +164.6% | +118.1% |
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