-9.4%
NVTS vs TAP
+0.4%
-9.7%
-92.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.3% | -0.9% | -2.4% | -3.5% |
| 7D | +3.5% | -5.1% | +8.6% | +2.8% |
| 30D | -11.9% | -8.4% | -3.5% | -12.9% |
| 3M | -49.2% | -3.9% | -45.3% | -49.2% |
| 6M | +38.4% | -14.4% | +52.8% | +38.2% |
| YTD | +62.5% | -14.7% | +77.2% | +61.2% |
| 1Y | +101.4% | -18.7% | +120.1% | +100.9% |
| 3Y | +40.4% | -32.6% | +73.1% | +42.9% |
| All | -9.4% | +0.4% | -9.7% | -29.8% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling