+0.6%
GLDM vs GAP
-4.6%
+5.2%
-28.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.9% | +3.5% | -1.6% | +1.8% |
| 7D | +5.0% | 0.0% | +4.9% | +4.9% |
| 30D | -1.3% | -4.3% | +3.0% | -1.3% |
| 3M | -4.7% | +9.4% | -14.1% | -4.8% |
| 6M | -12.4% | -3.3% | -9.1% | -12.7% |
| YTD | -4.1% | -10.5% | +6.5% | -4.9% |
| All | +0.6% | -4.6% | +5.2% | -1.2% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 1y: compounded portfolio wealth divided by compounded GAP 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…
1y analysis · Full analysis span regression · 6 months rolling