-15.0%
SMH vs EW
+34.7%
-49.7%
-33.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | EW | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.0% | +1.3% | -4.3% | -2.9% |
| 7D | +4.9% | +4.9% | 0.0% | +5.4% |
| 30D | -13.8% | +23.9% | -37.8% | -10.9% |
| 3M | -17.4% | +15.8% | -33.1% | -15.4% |
| 6M | -15.0% | +31.7% | -46.6% | -17.3% |
| All | -15.0% | +34.7% | -49.7% | -17.3% |
Cumulative growth
Daily Returns
Daily percentage return beside EW.
Daily Out/Under-Performance
Portfolio return minus EW return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × EW 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 EW 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