-35.6%
ELAN vs GAP
+4.4%
-40.1%
-78.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.4% | +2.9% | -1.5% | +0.6% |
| 7D | -5.4% | -4.1% | -1.3% | -4.4% |
| 30D | +4.7% | +6.2% | -1.5% | +2.6% |
| 3M | -3.7% | -0.7% | -3.0% | -4.1% |
| 6M | -1.2% | -7.1% | +5.9% | -0.2% |
| YTD | +2.4% | -14.1% | +16.5% | +4.9% |
| 1Y | +23.4% | -8.5% | +31.9% | +23.5% |
| 3Y | +96.7% | +115.4% | -18.7% | +47.3% |
| 5Y | -30.6% | +9.8% | -40.4% | -42.2% |
| All | -35.6% | +4.4% | -40.1% | -54.3% |
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