-12.3%
LUV vs GAP
+8.7%
-21.0%
-58.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.4% | +2.9% | -1.4% | +0.8% |
| 7D | -1.0% | -4.1% | +3.1% | 0.0% |
| 30D | -12.4% | +6.2% | -18.6% | -13.8% |
| 3M | -11.0% | -0.7% | -10.3% | -11.3% |
| 6M | -5.0% | -7.1% | +2.1% | -4.1% |
| YTD | -3.8% | -14.1% | +10.3% | -1.4% |
| 1Y | +25.9% | -8.5% | +34.4% | +26.8% |
| 3Y | +42.2% | +115.4% | -73.1% | +8.3% |
| All | -12.3% | +8.7% | -21.0% | -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