-6.3%
NVTS vs TAP
+1.3%
-7.6%
-92.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.7% | -4.1% | +5.8% | +1.1% |
| 7D | +9.7% | -2.3% | +12.0% | +9.4% |
| 30D | -13.6% | -9.4% | -4.2% | -14.6% |
| 3M | -51.0% | -0.8% | -50.2% | -50.8% |
| 6M | +46.3% | -14.7% | +61.1% | +46.3% |
| YTD | +68.1% | -13.9% | +82.0% | +66.9% |
| 1Y | +113.9% | -18.6% | +132.5% | +113.8% |
| 3Y | +45.3% | -32.0% | +77.3% | +48.0% |
| All | -6.3% | +1.3% | -7.6% | -27.3% |
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 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