+44.6%
PAYC vs TAP
-24.3%
+68.9%
-57.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.0% | -0.7% | +2.7% | +2.2% |
| 7D | -9.5% | -8.0% | -1.5% | -6.9% |
| 30D | +3.3% | +4.1% | -0.8% | +2.1% |
| 3M | +14.5% | -4.4% | +18.9% | +16.0% |
| 6M | +76.0% | -1.9% | +78.0% | +77.3% |
| YTD | +53.4% | -12.1% | +65.4% | +57.0% |
| 1Y | +43.8% | -12.0% | +55.8% | +47.1% |
| All | +44.6% | -24.3% | +68.9% | +55.8% |
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