+2.1%
PENG vs TAP
+5.3%
-3.2%
-54.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -23.0% | -2.1% | -20.9% | -25.7% |
| 7D | -36.7% | +7.7% | -44.4% | -29.2% |
| 30D | -42.0% | +14.4% | -56.4% | -29.5% |
| 3M | -33.2% | +2.0% | -35.2% | -29.1% |
| 6M | +2.1% | +2.5% | -0.4% | +26.8% |
| All | +2.1% | +5.3% | -3.2% | +26.8% |
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 6mo: 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…
6mo analysis · Full analysis span regression · 6 months rolling