+2.8%
IOVA vs GAP
+1.5%
+1.3%
-96.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.7% | -0.8% | +2.6% | +1.9% |
| 7D | -3.5% | -1.9% | -1.6% | -3.0% |
| 30D | -45.4% | -7.1% | -38.3% | -44.7% |
| 3M | +19.0% | +4.1% | +14.9% | +16.2% |
| 6M | +112.0% | +1.9% | +110.1% | +106.9% |
| YTD | +184.2% | -15.2% | +199.5% | +186.6% |
| 1Y | +222.0% | -10.6% | +232.6% | +218.6% |
| 3Y | +92.6% | +74.6% | +18.0% | +54.2% |
| 5Y | -63.2% | +3.7% | -66.8% | -68.5% |
| All | +2.8% | +1.5% | +1.3% | -28.9% |
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