-83.0%
FRMI vs TAP
-12.4%
-70.6%
-85.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.2% | -0.9% | -2.2% | -3.8% |
| 7D | +15.9% | -5.1% | +21.0% | +12.3% |
| 30D | -6.0% | -8.4% | +2.5% | -10.5% |
| 3M | -1.6% | -3.9% | +2.3% | -2.5% |
| 6M | -30.7% | -14.4% | -16.3% | -35.2% |
| YTD | -30.9% | -14.7% | -16.1% | -36.4% |
| All | -83.0% | -12.4% | -70.6% | -83.3% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling