+186.4%
PAAS vs GAP
+20.3%
+166.1%
-66.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.9% | +3.5% | -0.6% | +2.6% |
| 7D | +8.8% | 0.0% | +8.8% | +8.8% |
| 30D | -8.5% | -4.3% | -4.1% | -8.2% |
| 3M | -17.0% | +9.4% | -26.4% | -17.7% |
| 6M | -27.9% | -3.3% | -24.6% | -28.1% |
| YTD | -17.5% | -10.5% | -6.9% | -17.3% |
| 1Y | +22.8% | -2.4% | +25.2% | +22.3% |
| 3Y | +224.2% | +80.1% | +144.1% | +202.6% |
| 5Y | +73.6% | +6.5% | +67.2% | +63.7% |
| 10Y | +186.4% | +14.6% | +171.8% | +136.8% |
| All | +186.4% | +20.3% | +166.1% | +136.8% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 GAP 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