+112.4%
MS vs TAP
+2.0%
+110.5%
-32.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.5% | -4.5% | +4.0% | +0.2% |
| 7D | -1.6% | +0.5% | -2.1% | -1.6% |
| 30D | -3.8% | +9.1% | -12.9% | -5.3% |
| 3M | -14.6% | -3.8% | -10.8% | -14.2% |
| 6M | -5.1% | -3.4% | -1.6% | -4.9% |
| YTD | +4.5% | -10.6% | +15.2% | +5.7% |
| 1Y | +13.5% | -4.4% | +17.9% | +12.5% |
| 3Y | +160.4% | -24.4% | +184.8% | +171.2% |
| All | +112.4% | +2.0% | +110.5% | +86.4% |
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