-14.3%
QLD vs FPS
-55.4%
+41.2%
-28.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | FPS | Excess | Alpha |
|---|---|---|---|---|
| 1D | -12.7% | -18.9% | +6.1% | -7.0% |
| 7D | -18.6% | -35.8% | +17.2% | -8.0% |
| 30D | -28.3% | -56.0% | +27.7% | -10.2% |
| 3M | -20.4% | -52.7% | +32.3% | -2.9% |
| 6M | -14.3% | -56.6% | +42.3% | +13.6% |
| All | -14.3% | -55.4% | +41.2% | +13.6% |
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 6mo: 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…
6mo analysis · Full analysis span regression · 6 months rolling