-15.0%
SMH vs CLS
-36.8%
+21.8%
-33.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | CLS | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.0% | -5.4% | +2.4% | -0.8% |
| 7D | +4.9% | +16.3% | -11.4% | -1.4% |
| 30D | -13.8% | -25.7% | +11.9% | -4.4% |
| 3M | -17.4% | -30.9% | +13.5% | -6.3% |
| 6M | -15.0% | -35.5% | +20.5% | -2.1% |
| All | -15.0% | -36.8% | +21.8% | -2.1% |
Cumulative growth
Daily Returns
Daily percentage return beside CLS.
Daily Out/Under-Performance
Portfolio return minus CLS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × CLS 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 6mo: compounded portfolio wealth divided by compounded CLS 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…
6mo analysis · Full analysis span regression · 6 months rolling