+96.4%
QQQM vs MELI
+2.1%
+94.4%
-35.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | MELI | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.9% | -0.5% | +1.4% | +1.0% |
| 7D | -0.6% | -4.1% | +3.5% | +0.5% |
| 30D | -1.2% | +3.8% | -5.0% | -2.4% |
| 3M | -0.1% | +17.8% | -17.9% | -4.9% |
| 6M | +18.0% | +7.4% | +10.5% | +14.3% |
| YTD | +16.7% | -5.8% | +22.5% | +16.6% |
| 1Y | +23.0% | -18.9% | +41.9% | +27.3% |
| 3Y | +93.3% | +33.3% | +60.0% | +67.9% |
| All | +96.4% | +2.1% | +94.4% | +64.6% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling