-16.4%
GFS vs TAP
+8.2%
-24.6%
-61.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +6.2% | -4.5% | +10.7% | +6.9% |
| 7D | -7.8% | +0.5% | -8.4% | -8.1% |
| 30D | -19.7% | +9.1% | -28.8% | -21.3% |
| 3M | -23.1% | -3.8% | -19.3% | -22.9% |
| 6M | -46.4% | -3.4% | -42.9% | -46.5% |
| YTD | +11.0% | -10.6% | +21.7% | +13.0% |
| 1Y | +12.6% | -4.4% | +17.0% | +12.0% |
| 3Y | -24.9% | -24.4% | -0.6% | -20.5% |
| 5Y | -39.1% | +2.1% | -41.1% | -41.4% |
| All | -16.4% | +8.2% | -24.6% | -22.6% |
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