+12.1%
QLD vs UMAC
+6.6%
+5.6%
-28.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | UMAC | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.6% | -6.5% | +5.8% | +0.3% |
| 7D | +12.5% | +10.1% | +2.3% | +10.9% |
| 30D | -15.7% | -39.1% | +23.4% | -10.4% |
| 3M | -11.9% | -56.2% | +44.3% | -3.7% |
| 6M | -10.3% | -16.2% | +5.9% | -10.0% |
| YTD | +15.6% | -7.1% | +22.7% | +9.6% |
| 1Y | +12.1% | +10.3% | +1.9% | +2.1% |
| All | +12.1% | +6.6% | +5.6% | +2.1% |
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