-79.7%
PATH vs HYG
+22.5%
-102.2%
-89.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | HYG | Excess | Alpha |
|---|---|---|---|---|
| 1D | -7.8% | -0.1% | -7.7% | -7.6% |
| 7D | -22.8% | 0.0% | -22.8% | -22.8% |
| 30D | -6.9% | -0.1% | -6.8% | -6.5% |
| 3M | +25.4% | +1.0% | +24.5% | +21.4% |
| 6M | +18.1% | +2.3% | +15.8% | +8.4% |
| YTD | -14.5% | +2.1% | -16.6% | -21.1% |
| 1Y | +18.7% | +3.8% | +14.9% | +3.3% |
| 3Y | -24.2% | +26.7% | -50.9% | -67.8% |
| 5Y | -75.2% | +19.3% | -94.5% | -84.1% |
| All | -79.7% | +22.5% | -102.2% | -87.8% |
Cumulative growth
Daily Returns
Daily percentage return beside HYG.
Daily Out/Under-Performance
Portfolio return minus HYG return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HYG 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 HYG 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