-5.1%
PZA vs SPY
+79.8%
-84.9%
-18.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.9% | -0.6% | -0.3% | -0.8% |
| 7D | -1.5% | -2.0% | +0.5% | -1.4% |
| 30D | -4.0% | -1.7% | -2.4% | -3.9% |
| 3M | -4.7% | +4.7% | -9.4% | -5.0% |
| 6M | -3.4% | +12.5% | -15.9% | -4.1% |
| YTD | -2.5% | +11.7% | -14.2% | -3.2% |
| 1Y | +0.3% | +17.5% | -17.2% | -0.8% |
| 3Y | +6.6% | +76.6% | -69.9% | +2.4% |
| 5Y | -5.1% | +82.0% | -87.1% | -9.9% |
| All | -5.1% | +79.8% | -84.9% | -9.9% |
Cumulative growth
Daily Returns
Daily percentage return beside SPY.
Daily Out/Under-Performance
Portfolio return minus SPY return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SPY 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 SPY 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