-21.3%
NVTS vs TAP
+3.5%
-24.9%
-92.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +7.4% | -0.7% | +8.1% | +7.2% |
| 7D | +7.9% | -8.0% | +15.9% | +6.4% |
| 30D | +0.8% | +4.1% | -3.3% | +1.8% |
| 3M | -26.0% | -4.4% | -21.6% | -25.9% |
| 6M | -55.5% | -1.9% | -53.6% | -55.1% |
| YTD | +41.0% | -12.1% | +53.1% | +41.2% |
| 1Y | +10.4% | -12.0% | +22.5% | +10.5% |
| 3Y | +60.9% | -25.0% | +85.9% | +60.6% |
| 5Y | -42.8% | -1.1% | -41.7% | -52.0% |
| All | -21.3% | +3.5% | -24.9% | -38.5% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling