+218.0%
IAU vs GAP
+27.6%
+190.4%
-26.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.7% | -2.1% | +0.4% | -1.7% |
| 7D | -3.4% | -6.3% | +3.0% | -3.4% |
| 30D | -1.1% | -0.2% | -0.9% | -1.1% |
| 3M | +5.8% | 0.0% | +5.8% | +5.8% |
| 6M | -16.9% | -8.1% | -8.8% | -17.0% |
| YTD | +0.1% | -16.5% | +16.6% | +0.1% |
| 1Y | +18.4% | -10.5% | +28.9% | +18.4% |
| 3Y | +123.6% | +104.0% | +19.6% | +125.8% |
| 5Y | +138.7% | +6.8% | +132.0% | +139.5% |
| All | +218.0% | +27.6% | +190.4% | +217.3% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 GAP 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