+13.0%
QBTS vs TAP
-0.5%
+13.5%
-96.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +7.4% | -1.2% | +8.6% | +7.2% |
| 7D | +13.7% | -7.8% | +21.5% | +12.1% |
| 30D | -21.3% | +7.1% | -28.4% | -20.1% |
| 3M | -44.7% | -7.0% | -37.7% | -45.1% |
| 6M | -49.2% | -3.8% | -45.4% | -48.9% |
| YTD | -56.1% | -11.7% | -44.4% | -56.2% |
| 1Y | -61.1% | -10.1% | -51.0% | -61.1% |
| 3Y | +1,511.0% | -23.7% | +1,534.7% | +1,491.2% |
| 5Y | +16.6% | +2.9% | +13.7% | +16.1% |
| All | +13.0% | -0.5% | +13.5% | +13.6% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling