+121.3%
HBM vs TAP
-14.5%
+135.8%
-36.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.9% | -0.2% | -0.8% | -1.0% |
| 7D | -6.4% | -2.3% | -4.0% | -6.6% |
| 30D | +5.9% | -2.1% | +8.1% | +5.7% |
| 3M | -8.9% | +6.6% | -15.5% | -8.6% |
| 6M | +10.7% | -11.5% | +22.2% | +13.8% |
| YTD | +38.3% | -10.3% | +48.5% | +42.5% |
| 1Y | +121.3% | -14.4% | +135.7% | +141.4% |
| All | +121.3% | -14.5% | +135.8% | +141.4% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling