-11.2%
QLD vs GAP
-5.8%
-5.4%
-28.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.6% | -2.0% | +6.6% | +4.9% |
| 7D | -1.2% | -9.3% | +8.2% | +0.3% |
| 30D | -15.7% | -5.5% | -10.2% | -14.8% |
| 3M | -10.0% | +3.5% | -13.5% | -9.7% |
| 6M | -11.2% | +0.7% | -11.9% | -10.3% |
| All | -11.2% | -5.8% | -5.4% | -10.3% |
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 6mo: 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…
6mo analysis · Full analysis span regression · 6 months rolling