+82.1%
HESM vs SPY
+72.1%
+10.0%
-28.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.2% | -0.4% | +1.6% | +1.4% |
| 7D | +3.3% | +2.6% | +0.7% | +1.9% |
| 30D | +3.6% | -2.0% | +5.6% | +4.6% |
| 3M | -20.2% | -2.8% | -17.4% | -19.1% |
| 6M | -16.6% | +2.1% | -18.7% | -17.9% |
| YTD | -2.1% | +11.5% | -13.6% | -8.8% |
| 1Y | +2.0% | +13.5% | -11.5% | -6.0% |
| 3Y | +32.7% | +77.7% | -45.0% | -8.3% |
| All | +82.1% | +72.1% | +10.0% | +25.3% |
Cumulative growth
Daily Returns
Daily percentage return beside SPY.
Daily Out/Under-Performance
Portfolio return minus SPY return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SPY 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 SPY 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