+62.6%
QLD vs HWM
+538.5%
-475.9%
-63.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | HWM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -12.7% | -5.9% | -6.8% | -8.5% |
| 7D | -18.6% | -2.4% | -16.1% | -17.3% |
| 30D | -28.3% | -13.3% | -15.0% | -21.1% |
| 3M | -20.4% | -31.0% | +10.6% | +2.3% |
| 6M | -14.3% | -17.1% | +2.9% | -5.6% |
| YTD | +2.8% | -1.9% | +4.6% | -3.3% |
| 1Y | -1.2% | -2.4% | +1.2% | -6.8% |
| 3Y | +135.3% | +322.2% | -186.9% | -45.3% |
| 5Y | +62.6% | +509.8% | -447.3% | -75.0% |
| All | +62.6% | +538.5% | -475.9% | -75.0% |
Cumulative growth
Daily Returns
Daily percentage return beside HWM.
Daily Out/Under-Performance
Portfolio return minus HWM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HWM 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 HWM 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