+255.7%
IOVA vs GAP
-8.8%
+264.5%
-39.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.1% | -4.6% | +1.5% | -3.1% |
| 7D | -2.2% | -3.2% | +1.0% | -2.2% |
| 30D | +31.7% | -0.7% | +32.4% | +32.1% |
| 3M | +117.3% | -0.5% | +117.7% | +118.0% |
| 6M | +55.8% | -5.0% | +60.8% | +59.7% |
| YTD | +208.8% | -14.7% | +223.5% | +208.1% |
| 1Y | +255.7% | -8.6% | +264.3% | +245.2% |
| All | +255.7% | -8.8% | +264.5% | +245.2% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling