+0.8%
LQD vs SMR
-14.3%
+15.1%
-19.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | SMR | Excess | Alpha |
|---|---|---|---|---|
| 1D | 0.0% | -15.7% | +15.6% | +0.1% |
| 7D | -1.1% | -11.2% | +10.1% | -1.0% |
| 30D | -1.3% | -10.2% | +8.9% | -1.2% |
| 3M | -3.2% | -10.0% | +6.8% | -3.2% |
| 6M | -2.1% | -30.5% | +28.3% | -2.0% |
| YTD | -2.4% | -39.2% | +36.9% | -2.2% |
| 1Y | -2.7% | -75.5% | +72.9% | -2.0% |
| 3Y | +14.2% | +45.4% | -31.2% | +10.1% |
| All | +0.8% | -14.3% | +15.1% | -1.6% |
Cumulative growth
Daily Returns
Daily percentage return beside SMR.
Daily Out/Under-Performance
Portfolio return minus SMR return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SMR 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 SMR 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