+8.4%
QLD vs UMAC
+17.2%
-8.8%
-28.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | UMAC | Excess | Alpha |
|---|---|---|---|---|
| 1D | +6.8% | +13.3% | -6.5% | +4.9% |
| 7D | -1.4% | -5.5% | +4.1% | -0.9% |
| 30D | -19.6% | -35.3% | +15.7% | -15.4% |
| 3M | -14.1% | -48.4% | +34.2% | -8.2% |
| 6M | -13.6% | +0.4% | -14.1% | -15.4% |
| YTD | +12.5% | +5.8% | +6.7% | +4.8% |
| All | +8.4% | +17.2% | -8.8% | -1.9% |
Cumulative growth
Daily Returns
Daily percentage return beside UMAC.
Daily Out/Under-Performance
Portfolio return minus UMAC return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × UMAC 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 UMAC 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