-88.1%
MERC vs SPY
+20.8%
-108.9%
-88.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | +5.6% | -0.4% | +5.9% | +6.2% |
| 7D | -2.6% | +0.1% | -2.7% | -2.9% |
| 30D | -44.1% | +0.1% | -44.2% | -44.3% |
| 3M | -56.3% | +2.0% | -58.3% | -57.6% |
| 6M | -78.8% | +13.0% | -91.8% | -82.8% |
| YTD | -80.8% | +13.5% | -94.4% | -84.5% |
| 1Y | -88.1% | +20.0% | -108.1% | -90.9% |
| All | -88.1% | +20.8% | -108.9% | -90.9% |
Cumulative growth
Daily Returns
Daily percentage return beside SPY.
Daily Out/Under-Performance
Portfolio return minus SPY return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SPY 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 1y: compounded portfolio wealth divided by compounded SPY 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…
1y analysis · Full analysis span regression · 6 months rolling