+50.7%
SMH vs FPS
+19.2%
+31.5%
-24.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | FPS | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.1% | -4.1% | +4.2% | +1.6% |
| 7D | +4.3% | +5.3% | -1.0% | +2.3% |
| 30D | +0.9% | -17.6% | +18.4% | +7.7% |
| 3M | -2.8% | -45.8% | +42.9% | +18.4% |
| 6M | +45.6% | -10.1% | +55.7% | +51.3% |
| All | +50.7% | +19.2% | +31.5% | +47.6% |
Cumulative growth
Daily Returns
Daily percentage return beside FPS.
Daily Out/Under-Performance
Portfolio return minus FPS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × FPS 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 5y: compounded portfolio wealth divided by compounded FPS 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…
5y analysis · Full analysis span regression · 6 months rolling