+164.0%
PAYX vs IAU
+220.2%
-56.2%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | IAU | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | +0.5% | 0.0% | +0.5% |
| 7D | -4.9% | -2.0% | -2.8% | -4.8% |
| 30D | -3.8% | -1.5% | -2.3% | -3.8% |
| 3M | +17.9% | +3.3% | +14.6% | +17.8% |
| 6M | +26.1% | -16.2% | +42.3% | +27.2% |
| YTD | +6.7% | +0.7% | +6.1% | +5.8% |
| 1Y | -10.7% | +19.2% | -30.0% | -13.2% |
| 3Y | +7.0% | +124.4% | -117.4% | -4.4% |
| 5Y | +22.6% | +140.0% | -117.4% | +7.5% |
| All | +164.0% | +220.2% | -56.2% | +137.3% |
Cumulative growth
Daily Returns
Daily percentage return beside IAU.
Daily Out/Under-Performance
Portfolio return minus IAU return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × IAU 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 10y: compounded portfolio wealth divided by compounded IAU 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…
10y analysis · Full analysis span regression · 6 months rolling