+134.4%
HL vs TAP
-47.7%
+182.1%
-81.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -5.5% | -0.3% | -5.1% | -5.4% |
| 7D | -7.6% | -6.3% | -1.3% | -6.0% |
| 30D | -17.5% | +2.7% | -20.2% | -18.4% |
| 3M | -26.2% | -3.7% | -22.5% | -25.8% |
| 6M | -35.1% | -2.0% | -33.0% | -35.5% |
| YTD | -30.4% | -12.3% | -18.0% | -28.9% |
| 1Y | -14.0% | -10.1% | -3.9% | -13.1% |
| 3Y | +256.3% | -25.3% | +281.6% | +274.4% |
| 5Y | +112.5% | -1.9% | +114.4% | +100.2% |
| All | +134.4% | -47.7% | +182.1% | +161.5% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling