-22.9%
PATH vs HYG
+24.5%
-47.4%
-65.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | HYG | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.3% | -0.1% | +1.3% | +1.5% |
| 7D | +2.1% | -0.4% | +2.5% | +3.6% |
| 30D | +1.6% | +0.7% | +0.9% | -1.0% |
| 3M | -20.4% | -2.1% | -18.3% | -13.3% |
| 6M | +40.1% | -0.8% | +40.9% | +45.5% |
| YTD | -19.0% | +0.3% | -19.3% | -19.9% |
| 1Y | -5.8% | +1.8% | -7.6% | -12.4% |
| 3Y | -22.9% | +24.1% | -47.1% | -74.0% |
| All | -22.9% | +24.5% | -47.4% | -74.0% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling