-5.1%
ES vs GAP
+9.4%
-14.5%
-41.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.6% | -0.2% | +0.8% | +0.6% |
| 7D | +1.4% | +1.7% | -0.3% | +1.3% |
| 30D | -1.2% | +9.3% | -10.5% | -1.9% |
| 3M | +5.0% | +6.1% | -1.1% | +4.4% |
| 6M | -2.8% | -2.3% | -0.5% | -3.0% |
| YTD | +8.6% | -10.6% | +19.2% | +8.8% |
| 1Y | +18.9% | -4.4% | +23.4% | +18.4% |
| 3Y | +32.1% | +118.3% | -86.2% | +21.0% |
| 5Y | -5.1% | +12.2% | -17.3% | -13.5% |
| All | -5.1% | +9.4% | -14.5% | -13.5% |
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