-93.1%
IOVA vs GAP
+80.6%
-173.6%
-99.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -5.7% | -1.3% | -4.4% | -5.4% |
| 7D | -1.4% | -5.2% | +3.8% | -0.3% |
| 30D | -47.4% | -6.9% | -40.5% | -46.8% |
| 3M | +13.2% | +5.7% | +7.5% | +10.4% |
| 6M | +114.3% | +0.9% | +113.4% | +110.1% |
| YTD | +179.5% | -14.5% | +194.0% | +181.3% |
| 1Y | +200.4% | -12.1% | +212.5% | +199.1% |
| 3Y | +92.2% | +72.2% | +20.0% | +58.1% |
| 5Y | -63.8% | +4.5% | -68.3% | -68.7% |
| 10Y | +0.4% | +3.3% | -2.9% | -26.8% |
| All | -93.1% | +80.6% | -173.6% | -94.3% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling