+14.7%
QLD vs TAP
+4.4%
+10.3%
-23.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.9% | +3.0% | -1.2% | +3.0% |
| 7D | -9.4% | +9.9% | -19.3% | -6.0% |
| 30D | -17.1% | +18.1% | -35.2% | -11.9% |
| 3M | -10.4% | +3.2% | -13.6% | -8.4% |
| 6M | +0.7% | +8.4% | -7.7% | +5.4% |
| YTD | +17.7% | -4.4% | +22.2% | +20.0% |
| 1Y | +14.7% | +3.2% | +11.4% | +16.3% |
| All | +14.7% | +4.4% | +10.3% | +16.3% |
Cumulative growth
Daily Returns
Daily percentage return beside TAP.
Daily Out/Under-Performance
Portfolio return minus TAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TAP 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 1y: compounded portfolio wealth divided by compounded TAP 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…
1y analysis · Full analysis span regression · 6 months rolling