+22.0%
PAYX vs TAP
-2.6%
+24.5%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.4% | -0.1% | +0.5% | +0.4% |
| 7D | -7.9% | -5.3% | -2.7% | -6.5% |
| 30D | -5.0% | -7.4% | +2.3% | -3.0% |
| 3M | +15.1% | -4.9% | +20.0% | +16.7% |
| 6M | +23.9% | -14.2% | +38.1% | +28.7% |
| YTD | +6.2% | -14.8% | +21.0% | +9.8% |
| 1Y | -9.6% | -18.1% | +8.5% | -5.7% |
| 3Y | +5.8% | -32.7% | +38.5% | +15.5% |
| 5Y | +22.0% | -0.5% | +22.4% | +19.6% |
| All | +22.0% | -2.6% | +24.5% | +19.6% |
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 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