+22.8%
PAAS vs TAP
-6.0%
+28.8%
-44.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.5% | -4.5% | +6.0% | +1.2% |
| 7D | +8.4% | +0.5% | +7.9% | +8.6% |
| 30D | -7.2% | +9.1% | -16.3% | -6.2% |
| 3M | -14.0% | -3.8% | -10.2% | -13.7% |
| 6M | -26.8% | -3.4% | -23.3% | -25.9% |
| YTD | -19.8% | -10.6% | -9.2% | -18.6% |
| 1Y | +22.8% | -4.4% | +27.2% | +21.8% |
| All | +22.8% | -6.0% | +28.8% | +21.8% |
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 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