+3.3%
QBTS vs TAP
-0.2%
+3.5%
-96.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -8.6% | +0.3% | -9.0% | -8.6% |
| 7D | +1.1% | -4.5% | +5.6% | +0.3% |
| 30D | -28.1% | +7.5% | -35.5% | -26.9% |
| 3M | -48.1% | -4.9% | -43.2% | -48.2% |
| 6M | -53.6% | -3.5% | -50.1% | -53.3% |
| YTD | -59.9% | -11.4% | -48.5% | -60.0% |
| 1Y | -64.3% | -10.8% | -53.5% | -64.3% |
| 3Y | +1,355.6% | -24.5% | +1,380.0% | +1,337.4% |
| 5Y | +6.6% | +2.5% | +4.2% | +6.3% |
| All | +3.3% | -0.2% | +3.5% | +3.9% |
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