+608.0%
HWM vs TAP
-1.4%
+609.5%
-36.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.4% | -0.3% | -0.1% | -0.3% |
| 7D | +11.1% | -6.3% | +17.5% | +12.6% |
| 30D | +3.0% | +2.7% | +0.3% | +2.0% |
| 3M | -20.7% | -3.7% | -17.0% | -20.3% |
| 6M | -17.2% | -2.0% | -15.2% | -17.5% |
| YTD | +9.1% | -12.3% | +21.4% | +11.5% |
| 1Y | +9.0% | -10.1% | +19.1% | +10.5% |
| 3Y | +353.8% | -25.3% | +379.1% | +375.6% |
| 5Y | +608.0% | -1.9% | +610.0% | +495.7% |
| All | +608.0% | -1.4% | +609.5% | +495.7% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling