-12.3%
GFS vs TAP
+6.9%
-19.2%
-61.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.9% | -1.2% | +6.1% | +5.1% |
| 7D | -3.1% | -7.8% | +4.7% | -1.9% |
| 30D | -16.0% | +7.1% | -23.1% | -17.5% |
| 3M | -24.7% | -7.0% | -17.7% | -24.0% |
| 6M | -45.1% | -3.8% | -41.3% | -45.3% |
| YTD | +16.5% | -11.7% | +28.2% | +18.7% |
| 1Y | +19.3% | -10.1% | +29.4% | +20.8% |
| 3Y | -20.0% | -23.7% | +3.7% | -15.8% |
| 5Y | -32.0% | +2.9% | -34.9% | -35.4% |
| All | -12.3% | +6.9% | -19.2% | -18.7% |
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