+153.5%
MLM vs GAP
+20.3%
+133.2%
-48.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.5% | +3.5% | -1.0% | +1.7% |
| 7D | -3.8% | 0.0% | -3.9% | -3.9% |
| 30D | +11.0% | -4.3% | +15.3% | +12.0% |
| 3M | -3.1% | +9.4% | -12.5% | -5.4% |
| 6M | -9.8% | -3.3% | -6.5% | -10.0% |
| YTD | -14.4% | -10.5% | -3.8% | -13.6% |
| 1Y | -12.6% | -2.4% | -10.2% | -13.7% |
| 3Y | +19.7% | +80.1% | -60.4% | -6.0% |
| 5Y | +29.8% | +6.5% | +23.3% | +9.5% |
| 10Y | +153.5% | +14.6% | +138.9% | +62.9% |
| All | +153.5% | +20.3% | +133.2% | +62.9% |
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