-21.0%
PAYC vs TAP
-31.5%
+10.5%
-59.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -5.4% | -4.1% | -1.3% | -4.2% |
| 7D | -7.9% | -2.3% | -5.6% | -7.2% |
| 30D | +2.1% | -9.4% | +11.5% | +4.9% |
| 3M | +61.8% | -0.8% | +62.6% | +62.9% |
| 6M | +59.9% | -14.7% | +74.7% | +65.7% |
| YTD | +38.5% | -13.9% | +52.4% | +42.4% |
| 1Y | -1.4% | -18.6% | +17.3% | +2.6% |
| 3Y | -21.0% | -32.0% | +11.0% | -13.7% |
| All | -21.0% | -31.5% | +10.5% | -13.7% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling