+9.0%
HWM vs IAU
-6.5%
+15.5%
-36.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | IAU | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.4% | -2.8% | +2.4% | +0.4% |
| 7D | +11.1% | -5.5% | +16.6% | +13.0% |
| 30D | +3.0% | -7.0% | +9.9% | +5.2% |
| 3M | -20.7% | -12.3% | -8.4% | -17.7% |
| 6M | -17.2% | -17.9% | +0.8% | -12.6% |
| YTD | +9.1% | -10.3% | +19.4% | +10.9% |
| 1Y | +9.0% | -7.9% | +16.9% | +8.5% |
| All | +9.0% | -6.5% | +15.5% | +8.5% |
Cumulative growth
Daily Returns
Daily percentage return beside IAU.
Daily Out/Under-Performance
Portfolio return minus IAU return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × IAU 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 1y: compounded portfolio wealth divided by compounded IAU 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…
1y analysis · Full analysis span regression · 6 months rolling