+4.4%
HWM vs TNA
+37.5%
-33.1%
-36.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TNA | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.3% | +4.4% | -8.7% | -5.3% |
| 7D | +9.4% | +2.4% | +7.0% | +8.8% |
| 30D | -7.0% | -0.9% | -6.1% | -6.8% |
| 3M | -25.9% | -19.2% | -6.6% | -22.0% |
| 6M | -10.8% | -0.8% | -10.0% | -12.2% |
| YTD | +4.3% | +33.2% | -28.9% | -6.9% |
| 1Y | +4.4% | +38.5% | -34.1% | -8.0% |
| All | +4.4% | +37.5% | -33.1% | -8.0% |
Cumulative growth
Daily Returns
Daily percentage return beside TNA.
Daily Out/Under-Performance
Portfolio return minus TNA return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TNA 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 1y: compounded portfolio wealth divided by compounded TNA 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…
1y analysis · Full analysis span regression · 6 months rolling