+65.5%
QBTS vs MELI
+18.8%
+46.7%
-96.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | MELI | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.8% | -0.5% | +1.3% | +0.9% |
| 7D | +1.3% | -4.1% | +5.4% | +2.3% |
| 30D | -19.0% | +3.8% | -22.8% | -19.8% |
| 3M | -29.5% | +17.8% | -47.3% | -32.4% |
| 6M | -11.2% | +7.4% | -18.6% | -13.2% |
| YTD | -35.8% | -5.8% | -30.0% | -35.5% |
| 1Y | +1.7% | -18.9% | +20.5% | +5.8% |
| 3Y | +1,470.1% | +33.3% | +1,436.8% | +1,409.5% |
| 5Y | +72.3% | +2.7% | +69.6% | +67.0% |
| All | +65.5% | +18.8% | +46.7% | +60.0% |
Cumulative growth
Daily Returns
Daily percentage return beside MELI.
Daily Out/Under-Performance
Portfolio return minus MELI return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × MELI 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 MELI 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