+139.4%
QLD vs GAP
+67.6%
+71.9%
-42.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.5% | -4.1% | +6.7% | +3.5% |
| 7D | -10.3% | -3.8% | -6.5% | -9.4% |
| 30D | -26.1% | -9.0% | -17.0% | -24.4% |
| 3M | -17.8% | +5.5% | -23.2% | -19.2% |
| 6M | -15.6% | -11.1% | -4.5% | -14.3% |
| YTD | +5.4% | -13.6% | +18.9% | +7.0% |
| 1Y | +5.2% | -2.9% | +8.1% | +3.4% |
| 3Y | +139.4% | +69.6% | +69.8% | +123.4% |
| All | +139.4% | +67.6% | +71.9% | +123.4% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 3y: compounded portfolio wealth divided by compounded GAP 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…
3y analysis · Full analysis span regression · 6 months rolling