+6.3%
IOVA vs GAP
+28.3%
-22.0%
-96.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.1% | -4.6% | +1.5% | -2.0% |
| 7D | -2.2% | -3.2% | +1.0% | -1.4% |
| 30D | +31.7% | -0.7% | +32.4% | +31.0% |
| 3M | +117.3% | -0.5% | +117.7% | +115.2% |
| 6M | +55.8% | -5.0% | +60.8% | +55.8% |
| YTD | +208.8% | -14.7% | +223.5% | +213.1% |
| 1Y | +255.7% | -8.6% | +264.3% | +251.2% |
| 3Y | +41.7% | +108.4% | -66.7% | +8.9% |
| 5Y | -64.9% | +5.8% | -70.7% | -70.1% |
| 10Y | +6.3% | +29.6% | -23.3% | -27.7% |
| All | +6.3% | +28.3% | -22.0% | -27.7% |
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