-4.6%
SHOP vs TAP
-6.0%
+1.4%
-44.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.6% | -4.5% | +8.1% | +3.1% |
| 7D | -5.4% | +0.5% | -6.0% | -5.0% |
| 30D | -10.3% | +9.1% | -19.5% | -8.7% |
| 3M | +1.0% | -3.8% | +4.8% | +0.7% |
| 6M | +41.2% | -3.4% | +44.7% | +39.4% |
| YTD | -7.5% | -10.6% | +3.1% | -11.9% |
| 1Y | -4.6% | -4.4% | -0.2% | -6.8% |
| All | -4.6% | -6.0% | +1.4% | -6.8% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling