+22.0%
PAYX vs HAS
+12.1%
+9.8%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | HAS | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.4% | +1.3% | -1.0% | +0.1% |
| 7D | -7.9% | -3.1% | -4.9% | -7.3% |
| 30D | -5.0% | -6.4% | +1.3% | -3.7% |
| 3M | +15.1% | +10.4% | +4.7% | +12.5% |
| 6M | +23.9% | -3.7% | +27.6% | +24.2% |
| YTD | +6.2% | +12.5% | -6.3% | +2.1% |
| 1Y | -9.6% | +19.8% | -29.5% | -14.6% |
| 3Y | +5.8% | +46.0% | -40.1% | -5.7% |
| 5Y | +22.0% | +12.5% | +9.5% | +19.7% |
| All | +22.0% | +12.1% | +9.8% | +19.7% |
Cumulative growth
Daily Returns
Daily percentage return beside HAS.
Daily Out/Under-Performance
Portfolio return minus HAS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HAS 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 HAS 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