+43.4%
SMH vs GAP
+10.4%
+33.0%
-24.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.7% | +8.0% | -10.8% | -3.4% |
| 7D | -11.2% | +8.0% | -19.1% | -11.7% |
| 30D | -20.4% | +2.7% | -23.1% | -20.6% |
| 3M | -12.4% | +16.0% | -28.4% | -13.8% |
| 6M | -0.5% | +2.0% | -2.5% | -0.4% |
| YTD | +40.0% | -4.4% | +44.4% | +41.0% |
| 1Y | +43.4% | +9.2% | +34.2% | +40.1% |
| All | +43.4% | +10.4% | +33.0% | +40.1% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 GAP 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