+35.8%
GAP vs TAP
-50.9%
+86.7%
-83.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.2% | -4.1% | +3.9% | +2.2% |
| 7D | +1.7% | -2.3% | +4.0% | +3.1% |
| 30D | +9.3% | -9.4% | +18.7% | +15.8% |
| 3M | +6.1% | -0.8% | +6.9% | +6.2% |
| 6M | -2.3% | -14.7% | +12.5% | +6.7% |
| YTD | -10.6% | -13.9% | +3.3% | -3.7% |
| 1Y | -4.4% | -18.6% | +14.2% | +5.8% |
| 3Y | +118.3% | -32.0% | +150.3% | +165.6% |
| 5Y | +12.2% | -1.0% | +13.2% | +4.9% |
| All | +35.8% | -50.9% | +86.7% | +31.2% |
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