+12.3%
QLD vs FPS
-25.1%
+37.4%
-28.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | FPS | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.5% | +7.0% | -4.4% | +0.5% |
| 7D | -10.3% | -24.5% | +14.3% | -3.6% |
| 30D | -26.1% | -52.1% | +26.0% | -10.2% |
| 3M | -17.8% | -48.4% | +30.6% | -3.1% |
| 6M | -15.6% | -54.4% | +38.8% | +3.4% |
| All | +12.3% | -25.1% | +37.4% | +22.8% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling