+317.2%
HL vs QBTS
+61.8%
+255.4%
-63.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | QBTS | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.5% | -1.4% | -1.1% | -2.4% |
| 7D | +1.5% | -2.4% | +3.9% | +1.6% |
| 30D | +25.1% | -22.5% | +47.5% | +26.5% |
| 3M | +22.9% | -40.0% | +62.9% | +25.5% |
| 6M | -4.9% | -12.3% | +7.4% | -4.8% |
| YTD | +7.8% | -36.6% | +44.4% | +9.0% |
| 1Y | +133.9% | +8.4% | +125.4% | +131.6% |
| 3Y | +380.9% | +1,380.4% | -999.5% | +327.4% |
| 5Y | +230.2% | +69.7% | +160.5% | +165.7% |
| All | +317.2% | +61.8% | +255.4% | +255.5% |
Cumulative growth
Daily Returns
Daily percentage return beside QBTS.
Daily Out/Under-Performance
Portfolio return minus QBTS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × QBTS 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 QBTS 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