+49.8%
HBM vs TAP
+4.4%
+45.4%
-36.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.6% | +3.0% | +0.6% | +4.4% |
| 7D | -5.8% | +9.9% | -15.8% | -3.3% |
| 30D | -18.5% | +18.1% | -36.6% | -14.9% |
| 3M | -10.3% | +3.2% | -13.5% | -8.3% |
| 6M | +2.1% | +8.4% | -6.3% | +5.3% |
| YTD | +12.0% | -4.4% | +16.4% | +19.5% |
| 1Y | +49.8% | +3.2% | +46.5% | +58.1% |
| All | +49.8% | +4.4% | +45.4% | +58.1% |
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