+62.6%
QLD vs TAP
+6.9%
+55.7%
-63.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -12.7% | -2.1% | -10.6% | -12.3% |
| 7D | -18.6% | +7.7% | -26.3% | -19.8% |
| 30D | -28.3% | +14.4% | -42.7% | -30.5% |
| 3M | -20.4% | +2.0% | -22.4% | -20.9% |
| 6M | -14.3% | +2.5% | -16.8% | -15.4% |
| YTD | +2.8% | -6.4% | +9.2% | +3.1% |
| 1Y | -1.2% | -2.3% | +1.1% | -2.8% |
| 3Y | +135.3% | -20.3% | +155.6% | +145.9% |
| 5Y | +62.6% | +6.9% | +55.7% | +48.4% |
| All | +62.6% | +6.9% | +55.7% | +48.4% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling