+32.8%
MXL vs GAP
+3.0%
+29.8%
-88.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.0% | -2.1% | -0.9% | -2.4% |
| 7D | +16.6% | -6.3% | +23.0% | +18.8% |
| 30D | +0.5% | -0.2% | +0.7% | -0.3% |
| 3M | -3.6% | 0.0% | -3.6% | -5.7% |
| 6M | +328.0% | -8.1% | +336.1% | +326.8% |
| YTD | +297.8% | -16.5% | +314.3% | +307.7% |
| 1Y | +339.4% | -10.5% | +349.9% | +338.6% |
| 3Y | +201.7% | +104.0% | +97.8% | +110.5% |
| 5Y | +32.8% | +6.8% | +26.0% | +1.0% |
| All | +32.8% | +3.0% | +29.8% | +1.0% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling