-14.3%
QLD vs ALM
-60.3%
+46.1%
-28.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | ALM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -12.7% | -9.6% | -3.2% | -10.0% |
| 7D | -18.6% | -14.5% | -4.0% | -14.7% |
| 30D | -28.3% | -39.0% | +10.8% | -18.6% |
| 3M | -20.4% | -40.3% | +19.9% | -11.1% |
| 6M | -14.3% | -60.3% | +46.0% | +5.2% |
| All | -14.3% | -60.3% | +46.1% | +5.2% |
Cumulative growth
Daily Returns
Daily percentage return beside ALM.
Daily Out/Under-Performance
Portfolio return minus ALM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ALM 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 6mo: compounded portfolio wealth divided by compounded ALM 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…
6mo analysis · Full analysis span regression · 6 months rolling