+174.9%
NVS vs GAP
+31.2%
+143.6%
-26.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.2% | +2.9% | -3.1% | -0.4% |
| 7D | -14.3% | -4.1% | -10.2% | -14.1% |
| 30D | -10.0% | +6.2% | -16.2% | -10.3% |
| 3M | -10.9% | -0.7% | -10.2% | -11.0% |
| 6M | -12.0% | -7.1% | -4.8% | -11.9% |
| YTD | +2.5% | -14.1% | +16.6% | +2.9% |
| 1Y | +10.7% | -8.5% | +19.2% | +10.6% |
| 3Y | +53.3% | +115.4% | -62.1% | +42.6% |
| 5Y | +93.6% | +9.8% | +83.8% | +84.5% |
| All | +174.9% | +31.2% | +143.6% | +146.6% |
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