+28.0%
NXT vs TAP
-19.6%
+47.7%
-47.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.6% | -0.9% | -2.7% | -3.8% |
| 7D | -0.2% | -5.1% | +4.9% | -1.5% |
| 30D | -20.0% | -8.4% | -11.5% | -21.7% |
| 3M | -30.9% | -3.9% | -27.0% | -31.0% |
| 6M | -23.8% | -14.4% | -9.4% | -23.7% |
| YTD | -5.4% | -14.7% | +9.3% | -5.7% |
| 1Y | +28.0% | -18.7% | +46.7% | +29.1% |
| All | +28.0% | -19.6% | +47.7% | +29.1% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling