+139.4%
QLD vs HCA
+118.8%
+20.7%
-42.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | HCA | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.5% | -2.5% | +5.0% | +2.8% |
| 7D | -10.3% | +4.6% | -14.9% | -10.7% |
| 30D | -26.1% | +12.7% | -38.8% | -26.9% |
| 3M | -17.8% | +21.3% | -39.0% | -19.4% |
| 6M | -15.6% | +15.7% | -31.3% | -16.3% |
| YTD | +5.4% | +6.6% | -1.2% | +5.7% |
| 1Y | +5.2% | +5.7% | -0.5% | +5.6% |
| 3Y | +139.4% | +119.2% | +20.2% | +83.8% |
| All | +139.4% | +118.8% | +20.7% | +83.8% |
Cumulative growth
Daily Returns
Daily percentage return beside HCA.
Daily Out/Under-Performance
Portfolio return minus HCA return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HCA 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 HCA 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