+164.0%
PAYX vs TAP
-49.9%
+213.9%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | +1.3% | -0.7% | +0.1% |
| 7D | -4.9% | -3.9% | -1.0% | -3.6% |
| 30D | -3.8% | -5.3% | +1.5% | -2.1% |
| 3M | +17.9% | -3.8% | +21.6% | +19.3% |
| 6M | +26.1% | -11.4% | +37.4% | +30.6% |
| YTD | +6.7% | -13.7% | +20.5% | +10.9% |
| 1Y | -10.7% | -17.2% | +6.4% | -6.3% |
| 3Y | +7.0% | -33.1% | +40.0% | +18.9% |
| 5Y | +22.6% | +0.8% | +21.8% | +15.8% |
| All | +164.0% | -49.9% | +213.9% | +158.6% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling