-67.1%
IOVA vs GAP
+10.4%
-77.5%
-93.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.6% | +3.5% | -1.9% | +0.8% |
| 7D | +1.9% | 0.0% | +1.8% | +1.8% |
| 30D | -44.1% | -4.3% | -39.8% | -43.8% |
| 3M | +28.9% | +9.4% | +19.5% | +24.3% |
| 6M | +125.7% | -3.3% | +129.0% | +123.4% |
| YTD | +199.3% | -10.5% | +209.8% | +197.9% |
| 1Y | +255.2% | -2.4% | +257.6% | +243.0% |
| 3Y | +106.8% | +80.1% | +26.7% | +65.8% |
| 5Y | -67.1% | +6.5% | -73.5% | -73.5% |
| All | -67.1% | +10.4% | -77.5% | -73.5% |
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