-48.9%
PAYC vs TAP
+1.8%
-50.7%
-76.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.0% | -0.7% | +2.7% | +2.2% |
| 7D | -9.5% | -8.0% | -1.5% | -7.2% |
| 30D | +3.3% | +4.1% | -0.8% | +2.2% |
| 3M | +14.5% | -4.4% | +18.9% | +15.9% |
| 6M | +76.0% | -1.9% | +78.0% | +77.2% |
| YTD | +53.4% | -12.1% | +65.4% | +57.2% |
| 1Y | +43.8% | -12.0% | +55.8% | +47.2% |
| 3Y | +45.3% | -25.0% | +70.3% | +54.0% |
| 5Y | -48.9% | -1.1% | -47.8% | -50.7% |
| All | -48.9% | +1.8% | -50.7% | -50.7% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling