-15.6%
QLD vs HCA
+16.1%
-31.7%
-28.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | HCA | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.5% | -2.5% | +5.0% | +2.1% |
| 7D | -10.3% | +4.6% | -14.9% | -9.6% |
| 30D | -26.1% | +12.7% | -38.8% | -23.9% |
| 3M | -17.8% | +21.3% | -39.0% | -13.5% |
| 6M | -15.6% | +15.7% | -31.3% | +1.1% |
| All | -15.6% | +16.1% | -31.7% | +1.1% |
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 6mo: 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…
6mo analysis · Full analysis span regression · 6 months rolling