-78.0%
PATH vs TAP
-8.7%
-69.2%
-89.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -16.6% | -0.2% | -16.5% | -16.6% |
| 7D | -16.3% | -2.3% | -14.0% | -15.9% |
| 30D | +9.9% | -2.1% | +12.1% | +10.3% |
| 3M | +30.2% | +6.6% | +23.5% | +28.0% |
| 6M | +37.2% | -11.5% | +48.7% | +40.7% |
| YTD | -7.3% | -10.3% | +2.9% | -5.8% |
| 1Y | +40.0% | -14.4% | +54.4% | +43.7% |
| 3Y | -4.4% | -28.3% | +23.9% | +3.1% |
| 5Y | -76.0% | +1.7% | -77.7% | -75.6% |
| All | -78.0% | -8.7% | -69.2% | -77.2% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling