-14.3%
QLD vs ES
+5.8%
-20.1%
-28.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | ES | Excess | Alpha |
|---|---|---|---|---|
| 1D | -12.7% | +2.1% | -14.8% | -11.3% |
| 7D | -18.6% | +5.9% | -24.5% | -15.4% |
| 30D | -28.3% | +10.2% | -38.5% | -23.7% |
| 3M | -20.4% | +0.4% | -20.8% | -19.5% |
| 6M | -14.3% | +6.9% | -21.1% | -10.5% |
| All | -14.3% | +5.8% | -20.1% | -10.5% |
Cumulative growth
Daily Returns
Daily percentage return beside ES.
Daily Out/Under-Performance
Portfolio return minus ES return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ES 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 ES 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