+331.1%
HBM vs TAP
-2.6%
+333.7%
-63.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -7.5% | -0.1% | -7.4% | -7.5% |
| 7D | -3.7% | -5.3% | +1.5% | -2.5% |
| 30D | -3.7% | -7.4% | +3.7% | -2.1% |
| 3M | +8.0% | -4.9% | +12.9% | +8.6% |
| 6M | +15.8% | -14.2% | +30.0% | +19.8% |
| YTD | +34.4% | -14.8% | +49.2% | +38.9% |
| 1Y | +98.2% | -18.1% | +116.3% | +106.8% |
| 3Y | +476.6% | -32.7% | +509.3% | +537.1% |
| 5Y | +331.1% | -0.5% | +331.6% | +286.1% |
| All | +331.1% | -2.6% | +333.7% | +286.1% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling