+1,387.4%
HWM vs TAP
-48.7%
+1,436.1%
-64.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.4% | -4.5% | +6.9% | +4.4% |
| 7D | +3.3% | +0.5% | +2.8% | +2.8% |
| 30D | -7.6% | +9.1% | -16.8% | -11.9% |
| 3M | -28.9% | -3.8% | -25.1% | -28.3% |
| 6M | -19.7% | -3.4% | -16.2% | -19.9% |
| YTD | +0.5% | -10.6% | +11.2% | +3.1% |
| 1Y | +0.3% | -4.4% | +4.7% | -0.9% |
| 3Y | +325.8% | -24.4% | +350.2% | +354.9% |
| 5Y | +524.7% | +2.1% | +522.7% | +441.2% |
| 10Y | +1,491.8% | -48.7% | +1,540.5% | +1,355.1% |
| All | +1,387.4% | -48.7% | +1,436.1% | +1,249.8% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling