+6.5%
GAP vs TAP
+2.3%
+4.2%
-68.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.5% | -1.2% | +4.7% | +4.1% |
| 7D | 0.0% | -7.8% | +7.9% | +4.4% |
| 30D | -4.3% | +7.1% | -11.4% | -7.9% |
| 3M | +9.4% | -7.0% | +16.4% | +13.1% |
| 6M | -3.3% | -3.8% | +0.5% | -2.0% |
| YTD | -10.5% | -11.7% | +1.2% | -6.1% |
| 1Y | -2.4% | -10.1% | +7.7% | +1.2% |
| 3Y | +80.1% | -23.7% | +103.8% | +101.8% |
| 5Y | +6.5% | +2.9% | +3.6% | -5.7% |
| All | +6.5% | +2.3% | +4.2% | -5.7% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling