+41.6%
SMH vs ARES
-7.5%
+49.1%
-33.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | ARES | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.0% | +1.0% | -4.0% | -3.2% |
| 7D | +4.9% | +0.5% | +4.4% | +4.8% |
| 30D | -13.8% | +19.7% | -33.5% | -17.3% |
| 3M | -17.4% | -9.0% | -8.4% | -15.5% |
| 6M | -15.0% | +11.5% | -26.5% | -17.2% |
| YTD | +35.2% | -13.8% | +49.0% | +40.2% |
| 1Y | +41.6% | -5.6% | +47.2% | +41.3% |
| All | +41.6% | -7.5% | +49.1% | +41.3% |
Cumulative growth
Daily Returns
Daily percentage return beside ARES.
Daily Out/Under-Performance
Portfolio return minus ARES return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ARES 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 ARES 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