-83.4%
FRMI vs TAP
-12.5%
-71.0%
-85.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.5% | -0.1% | -2.4% | -2.6% |
| 7D | +10.9% | -5.3% | +16.2% | +7.3% |
| 30D | -24.3% | -7.4% | -16.9% | -27.5% |
| 3M | -21.8% | -4.9% | -16.9% | -22.8% |
| 6M | -33.0% | -14.2% | -18.8% | -37.3% |
| YTD | -32.6% | -14.8% | -17.8% | -38.1% |
| All | -83.4% | -12.5% | -71.0% | -83.7% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling