+86.6%
QLD vs GAP
+3.6%
+83.0%
-63.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.6% | -1.3% | +0.7% | -0.2% |
| 7D | +12.5% | -5.2% | +17.7% | +14.4% |
| 30D | -15.7% | -6.9% | -8.8% | -13.8% |
| 3M | -11.9% | +5.7% | -17.6% | -14.2% |
| 6M | -10.3% | +0.9% | -11.2% | -12.3% |
| YTD | +15.6% | -14.5% | +30.1% | +18.0% |
| 1Y | +12.1% | -12.1% | +24.2% | +13.0% |
| 3Y | +150.7% | +72.2% | +78.5% | +76.0% |
| 5Y | +86.6% | +4.5% | +82.1% | +27.4% |
| All | +86.6% | +3.6% | +83.0% | +27.4% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling