+961.1%
MELI vs GAP
+31.2%
+929.9%
-69.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.5% | +2.9% | -3.3% | -1.1% |
| 7D | -4.1% | -4.1% | 0.0% | -3.3% |
| 30D | +3.8% | +6.2% | -2.4% | +2.2% |
| 3M | +17.8% | -0.7% | +18.5% | +17.5% |
| 6M | +7.4% | -7.1% | +14.6% | +8.1% |
| YTD | -5.8% | -14.1% | +8.3% | -4.2% |
| 1Y | -18.9% | -8.5% | -10.4% | -19.0% |
| 3Y | +33.3% | +115.4% | -82.0% | +0.3% |
| 5Y | +2.7% | +9.8% | -7.1% | -15.6% |
| All | +961.1% | +31.2% | +929.9% | +669.4% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling