+23.9%
PAYX vs ETR
+1.0%
+22.9%
-10.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | ETR | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.4% | -1.3% | +1.7% | 0.0% |
| 7D | -7.9% | -1.9% | -6.0% | -8.4% |
| 30D | -5.0% | -0.2% | -4.8% | -5.1% |
| 3M | +15.1% | -3.7% | +18.8% | +14.1% |
| 6M | +23.9% | +2.1% | +21.8% | +25.0% |
| All | +23.9% | +1.0% | +22.9% | +25.0% |
Cumulative growth
Daily Returns
Daily percentage return beside ETR.
Daily Out/Under-Performance
Portfolio return minus ETR return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ETR 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 6mo: compounded portfolio wealth divided by compounded ETR 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…
6mo analysis · Full analysis span regression · 6 months rolling