-93.7%
MERC vs SPY
+318.9%
-412.6%
-97.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 2016-09-10 to 2026-09-10.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | 0.0% | -0.6% | +0.6% | +0.6% |
| 7D | +5.6% | -2.0% | +7.5% | +7.7% |
| 30D | -24.0% | -1.7% | -22.3% | -22.7% |
| 3M | -55.3% | +4.7% | -60.0% | -57.2% |
| 6M | -77.2% | +12.5% | -89.7% | -79.7% |
| YTD | -80.8% | +11.7% | -92.5% | -82.7% |
| 1Y | -87.5% | +17.5% | -105.0% | -89.3% |
| 3Y | -95.1% | +76.6% | -171.7% | -97.1% |
| 5Y | -96.1% | +82.0% | -178.1% | -97.8% |
| All | -93.7% | +318.9% | -412.6% | -98.4% |
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 2016-09-10 to 2026-09-10: 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…
2016-09-10 to 2026-09-10 analysis · Full analysis span regression · 6 months rolling