+4.5%
QQQM vs MELI
-33.3%
+37.8%
-14.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | MELI | Excess | Alpha |
|---|---|---|---|---|
| 1D | -6.3% | -12.0% | +5.7% | -4.5% |
| 7D | -9.4% | -7.8% | -1.6% | -8.2% |
| 30D | -14.7% | -17.6% | +3.0% | -12.4% |
| 3M | -9.6% | -20.4% | +10.9% | -6.9% |
| 6M | -4.7% | -15.8% | +11.1% | -3.2% |
| YTD | +5.9% | -24.0% | +29.9% | +8.7% |
| 1Y | +4.5% | -33.5% | +38.0% | +11.0% |
| All | +4.5% | -33.3% | +37.8% | +11.0% |
Cumulative growth
Daily Returns
Daily percentage return beside MELI.
Daily Out/Under-Performance
Portfolio return minus MELI return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × MELI 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 MELI 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