-12.1%
GFS vs TAP
+7.2%
-19.4%
-61.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.3% | +0.3% | -0.1% | +0.2% |
| 7D | -5.3% | -4.5% | -0.8% | -4.7% |
| 30D | -15.8% | +7.5% | -23.3% | -17.4% |
| 3M | -18.6% | -4.9% | -13.8% | -18.3% |
| 6M | -45.0% | -3.5% | -41.5% | -45.2% |
| YTD | +16.8% | -11.4% | +28.2% | +19.0% |
| 1Y | +17.8% | -10.8% | +28.6% | +19.6% |
| 3Y | -21.5% | -24.5% | +2.9% | -17.1% |
| 5Y | -29.3% | +2.5% | -31.8% | -32.5% |
| All | -12.1% | +7.2% | -19.4% | -18.5% |
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