-81.4%
PATH vs HL
+135.9%
-217.3%
-89.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | HL | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.2% | -7.3% | +6.1% | 0.0% |
| 7D | -2.3% | +8.2% | -10.5% | -3.7% |
| 30D | -4.8% | -16.3% | +11.5% | -2.3% |
| 3M | -17.7% | -18.6% | +0.9% | -15.5% |
| 6M | +18.9% | -23.2% | +42.1% | +21.8% |
| YTD | -21.7% | -25.5% | +3.8% | -20.8% |
| 1Y | -9.6% | -4.8% | -4.9% | -13.4% |
| 3Y | -25.8% | +281.4% | -307.2% | -51.0% |
| 5Y | -77.1% | +137.8% | -214.9% | -84.2% |
| All | -81.4% | +135.9% | -217.3% | -86.7% |
Cumulative growth
Daily Returns
Daily percentage return beside HL.
Daily Out/Under-Performance
Portfolio return minus HL return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HL 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 HL 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