+41.5%
DRAM vs TAP
-4.5%
+46.0%
-54.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +6.2% | -4.5% | +10.7% | +0.7% |
| 7D | -18.2% | +0.5% | -18.7% | -16.9% |
| 30D | -34.5% | +9.1% | -43.7% | -24.6% |
| 3M | -23.6% | -3.8% | -19.8% | -25.4% |
| 6M | -19.3% | -3.4% | -15.8% | -13.3% |
| All | +41.5% | -4.5% | +46.0% | +40.3% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling