+1,524.1%
HWM vs TAP
-49.3%
+1,573.4%
-64.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.5% | -4.5% | +7.0% | +4.5% |
| 7D | +3.4% | +0.5% | +2.9% | +2.9% |
| 30D | -7.5% | +9.1% | -16.7% | -11.8% |
| 3M | -28.9% | -3.8% | -25.1% | -28.3% |
| 6M | -19.6% | -3.4% | -16.2% | -19.8% |
| YTD | +0.6% | -10.6% | +11.2% | +3.2% |
| 1Y | +0.3% | -4.4% | +4.7% | -0.8% |
| 3Y | +326.1% | -24.4% | +350.5% | +355.3% |
| 5Y | +525.2% | +2.1% | +523.1% | +441.6% |
| All | +1,524.1% | -49.3% | +1,573.4% | +1,371.4% |
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