+23.2%
QLD vs FPS
-14.8%
+38.1%
-28.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | FPS | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.6% | -9.8% | +9.2% | +2.3% |
| 7D | +12.5% | +21.6% | -9.1% | +5.4% |
| 30D | -15.7% | -38.8% | +23.1% | -5.2% |
| 3M | -11.9% | -42.1% | +30.2% | -0.3% |
| 6M | -10.3% | -48.5% | +38.2% | +5.4% |
| All | +23.2% | -14.8% | +38.1% | +28.8% |
Cumulative growth
Daily Returns
Daily percentage return beside FPS.
Daily Out/Under-Performance
Portfolio return minus FPS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × FPS 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 FPS 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