-11.6%
SHOP vs TAP
-19.6%
+8.0%
-46.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -5.5% | -0.9% | -4.5% | -5.6% |
| 7D | -10.6% | -5.1% | -5.5% | -11.3% |
| 30D | -18.3% | -8.4% | -9.8% | -19.4% |
| 3M | +14.8% | -3.9% | +18.8% | +14.4% |
| 6M | -5.0% | -14.4% | +9.4% | -9.0% |
| YTD | -21.2% | -14.7% | -6.5% | -25.3% |
| 1Y | -11.6% | -18.7% | +7.1% | -13.0% |
| All | -11.6% | -19.6% | +8.0% | -13.0% |
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