+1,817.6%
SMH vs GAP
+31.2%
+1,786.4%
-45.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.5% | +2.9% | -1.4% | +0.9% |
| 7D | +0.3% | -4.1% | +4.4% | +1.1% |
| 30D | -2.8% | +6.2% | -9.0% | -4.4% |
| 3M | -6.7% | -0.7% | -6.0% | -7.3% |
| 6M | +41.8% | -7.1% | +48.9% | +42.0% |
| YTD | +57.9% | -14.1% | +71.9% | +59.9% |
| 1Y | +87.6% | -8.5% | +96.1% | +86.8% |
| 3Y | +282.9% | +115.4% | +167.6% | +202.1% |
| 5Y | +330.4% | +9.8% | +320.6% | +267.6% |
| All | +1,817.6% | +31.2% | +1,786.4% | +1,323.1% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling