+15.6%
SM vs TAP
-47.7%
+63.3%
-97.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +5.2% | -0.3% | +5.5% | +5.4% |
| 7D | +10.6% | -6.3% | +16.9% | +15.1% |
| 30D | -15.0% | +2.7% | -17.7% | -17.8% |
| 3M | +1.7% | -3.7% | +5.4% | +1.9% |
| 6M | +5.9% | -2.0% | +7.9% | +3.6% |
| YTD | +79.0% | -12.3% | +91.3% | +86.0% |
| 1Y | +84.7% | -10.1% | +94.7% | +87.7% |
| 3Y | -3.5% | -25.3% | +21.8% | +6.3% |
| 5Y | +4.9% | -1.9% | +6.9% | -16.2% |
| All | +15.6% | -47.7% | +63.3% | +25.4% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling