+181.2%
MLM vs GAP
+15.9%
+165.3%
-48.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.8% | -4.1% | +2.3% | -0.9% |
| 7D | -4.1% | -3.8% | -0.4% | -3.3% |
| 30D | +8.2% | -9.0% | +17.2% | +10.4% |
| 3M | -3.6% | +5.5% | -9.0% | -5.2% |
| 6M | -15.6% | -11.1% | -4.5% | -14.2% |
| YTD | -16.4% | -13.6% | -2.9% | -15.0% |
| 1Y | -14.3% | -2.9% | -11.5% | -15.4% |
| 3Y | +19.3% | +69.6% | -50.3% | -5.1% |
| 5Y | +29.6% | +5.4% | +24.2% | +9.3% |
| All | +181.2% | +15.9% | +165.3% | +82.4% |
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