-12.1%
DOW vs GAP
+8.8%
-20.9%
-64.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.1% | +2.9% | -4.9% | -2.8% |
| 7D | -1.4% | -4.1% | +2.7% | -0.4% |
| 30D | -3.9% | +6.2% | -10.2% | -6.0% |
| 3M | -12.7% | -0.7% | -12.0% | -13.2% |
| 6M | -13.7% | -7.1% | -6.6% | -14.2% |
| YTD | +28.4% | -14.1% | +42.5% | +29.7% |
| 1Y | +21.8% | -8.5% | +30.2% | +20.5% |
| 3Y | -35.7% | +115.4% | -151.1% | -55.4% |
| 5Y | -36.8% | +9.8% | -46.7% | -49.5% |
| All | -12.1% | +8.8% | -20.9% | -34.9% |
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