+151.6%
HESM vs SPY
+270.1%
-118.5%
-75.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.2% | -0.4% | +1.6% | +1.5% |
| 7D | +3.3% | +2.6% | +0.7% | +1.2% |
| 30D | +3.6% | -2.0% | +5.6% | +5.1% |
| 3M | -20.2% | -2.8% | -17.4% | -18.6% |
| 6M | -16.6% | +2.1% | -18.7% | -18.7% |
| YTD | -2.1% | +11.5% | -13.6% | -11.8% |
| 1Y | +2.0% | +13.5% | -11.5% | -9.6% |
| 3Y | +32.7% | +77.7% | -45.0% | -22.1% |
| 5Y | +82.4% | +72.6% | +9.8% | +8.3% |
| All | +151.6% | +270.1% | -118.5% | -23.8% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling