+1,516.8%
HWM vs TAP
-47.8%
+1,564.6%
-64.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.3% | -0.7% | +3.0% | +2.6% |
| 7D | +5.0% | -8.0% | +13.0% | +8.8% |
| 30D | +1.5% | +4.1% | -2.5% | -1.1% |
| 3M | -20.3% | -4.4% | -16.0% | -19.5% |
| 6M | -18.0% | -1.9% | -16.1% | -18.9% |
| YTD | +9.5% | -12.1% | +21.6% | +13.1% |
| 1Y | +7.5% | -12.0% | +19.5% | +10.7% |
| 3Y | +355.7% | -25.0% | +380.7% | +388.2% |
| 5Y | +610.2% | -1.1% | +611.3% | +524.5% |
| 10Y | +1,516.8% | -47.6% | +1,564.4% | +1,449.9% |
| All | +1,516.8% | -47.8% | +1,564.6% | +1,449.9% |
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