-7.8%
GFS vs TAP
+6.1%
-13.9%
-61.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.5% | -0.3% | -0.2% | -0.5% |
| 7D | +17.2% | -6.3% | +23.5% | +18.3% |
| 30D | -8.7% | +2.7% | -11.4% | -9.6% |
| 3M | -19.7% | -3.7% | -15.9% | -19.5% |
| 6M | -40.7% | -2.0% | -38.7% | -41.2% |
| YTD | +22.5% | -12.3% | +34.9% | +25.0% |
| 1Y | +25.2% | -10.1% | +35.3% | +26.6% |
| 3Y | -17.7% | -25.3% | +7.6% | -12.8% |
| 5Y | -23.5% | -1.9% | -21.6% | -25.3% |
| All | -7.8% | +6.1% | -13.9% | -14.3% |
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 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