-6.4%
HAL vs TAP
-22.2%
+15.7%
-52.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.1% | +3.2% | -0.1% | +2.6% |
| 7D | +6.1% | +1.3% | +4.8% | +5.9% |
| 30D | +2.9% | +5.7% | -2.8% | +1.5% |
| 3M | +3.3% | -1.9% | +5.2% | +3.4% |
| 6M | -16.9% | +0.9% | -17.9% | -17.6% |
| YTD | +21.2% | -9.5% | +30.7% | +22.9% |
| 1Y | +27.5% | -9.0% | +36.5% | +28.9% |
| 3Y | -6.4% | -22.2% | +15.8% | -4.4% |
| All | -6.4% | -22.2% | +15.7% | -4.4% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling