+8.4%
QBTS vs TAP
-14.5%
+22.9%
-71.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.4% | -0.2% | -1.3% | -1.5% |
| 7D | -2.4% | -2.3% | -0.1% | -3.7% |
| 30D | -22.5% | -2.1% | -20.3% | -23.2% |
| 3M | -40.0% | +6.6% | -46.6% | -36.8% |
| 6M | -12.3% | -11.5% | -0.8% | -15.8% |
| YTD | -36.6% | -10.3% | -26.3% | -37.2% |
| 1Y | +8.4% | -14.4% | +22.8% | +5.2% |
| All | +8.4% | -14.5% | +22.9% | +5.2% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling