+3.2%
MELI vs TAP
-2.6%
+5.8%
-67.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.6% | -0.1% | +1.7% | +1.6% |
| 7D | -4.3% | -5.3% | +1.0% | -3.3% |
| 30D | -1.7% | -7.4% | +5.6% | -0.4% |
| 3M | +20.0% | -4.9% | +24.9% | +20.9% |
| 6M | +9.4% | -14.2% | +23.6% | +12.1% |
| YTD | -5.4% | -14.8% | +9.5% | -3.2% |
| 1Y | -18.8% | -18.1% | -0.8% | -16.5% |
| 3Y | +33.5% | -32.7% | +66.2% | +41.7% |
| 5Y | +3.2% | -0.5% | +3.7% | -3.0% |
| All | +3.2% | -2.6% | +5.8% | -3.0% |
Cumulative growth
Daily Returns
Daily percentage return beside TAP.
Daily Out/Under-Performance
Portfolio return minus TAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TAP 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 TAP 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