+741.5%
HWM vs TAP
+2.2%
+739.3%
-20.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.5% | -0.2% | -0.3% | -0.4% |
| 7D | -2.1% | -2.3% | +0.2% | -1.5% |
| 30D | -11.0% | -2.1% | -8.8% | -10.6% |
| 3M | +4.0% | +6.6% | -2.6% | +1.8% |
| 6M | -0.2% | -11.5% | +11.3% | +2.5% |
| YTD | +26.7% | -10.3% | +36.9% | +29.3% |
| 1Y | +44.7% | -14.4% | +59.1% | +49.4% |
| 3Y | +426.1% | -28.3% | +454.4% | +466.2% |
| All | +741.5% | +2.2% | +739.3% | +592.2% |
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