-12.3%
IP vs GAP
+8.2%
-20.5%
-48.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.0% | -5.6% | +1.7% | -2.7% |
| 7D | -5.0% | -2.1% | -2.9% | -4.6% |
| 30D | +6.5% | -5.1% | +11.6% | +7.7% |
| 3M | -18.0% | +9.8% | -27.8% | -20.0% |
| 6M | +10.3% | -3.6% | +13.9% | +10.2% |
| YTD | -9.9% | -9.8% | -0.1% | -9.0% |
| 1Y | -1.1% | -1.5% | +0.4% | -2.0% |
| 3Y | +13.0% | +74.3% | -61.3% | -5.2% |
| 5Y | -12.3% | +9.9% | -22.2% | -27.7% |
| All | -12.3% | +8.2% | -20.5% | -27.7% |
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