+91.7%
NVS vs TAP
-0.5%
+92.2%
-20.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.2% | -0.9% | +0.8% | 0.0% |
| 7D | -15.4% | -5.1% | -10.3% | -14.6% |
| 30D | -12.3% | -8.4% | -3.9% | -11.1% |
| 3M | -7.8% | -3.9% | -3.9% | -7.3% |
| 6M | -13.0% | -14.4% | +1.4% | -11.1% |
| YTD | +2.8% | -14.7% | +17.5% | +4.9% |
| 1Y | +10.6% | -18.7% | +29.3% | +13.6% |
| 3Y | +55.1% | -32.6% | +87.7% | +63.1% |
| 5Y | +91.7% | -1.4% | +93.1% | +87.8% |
| All | +91.7% | -0.5% | +92.2% | +87.8% |
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