-63.2%
IOVA vs GAP
+9.4%
-72.7%
-94.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.0% | -0.2% | -0.8% | -1.0% |
| 7D | +5.1% | +1.7% | +3.3% | +4.6% |
| 30D | +37.2% | +9.3% | +27.9% | +33.2% |
| 3M | +117.5% | +6.1% | +111.4% | +112.1% |
| 6M | +69.6% | -2.3% | +71.9% | +68.6% |
| YTD | +218.7% | -10.6% | +229.3% | +219.3% |
| 1Y | +265.5% | -4.4% | +270.0% | +256.3% |
| 3Y | +46.2% | +118.3% | -72.1% | +13.5% |
| 5Y | -63.2% | +12.2% | -75.4% | -68.6% |
| All | -63.2% | +9.4% | -72.7% | -68.6% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling