+5.0%
NI vs TAP
-18.3%
+23.3%
-16.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.5% | -0.9% | +0.4% | -0.5% |
| 7D | +1.3% | -5.1% | +6.3% | +1.7% |
| 30D | -0.3% | -8.4% | +8.2% | +0.5% |
| 3M | -9.5% | -3.9% | -5.5% | -9.3% |
| 6M | -10.2% | -14.4% | +4.1% | -9.8% |
| YTD | +1.8% | -14.7% | +16.5% | +1.7% |
| All | +5.0% | -18.3% | +23.3% | +5.3% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling