+286.8%
SMH vs GAP
+108.0%
+178.8%
-35.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.1% | -4.6% | +4.7% | +0.9% |
| 7D | +4.3% | -3.2% | +7.5% | +4.9% |
| 30D | +0.9% | -0.7% | +1.6% | +0.6% |
| 3M | -2.8% | -0.5% | -2.4% | -3.3% |
| 6M | +45.6% | -5.0% | +50.6% | +45.3% |
| YTD | +59.5% | -14.7% | +74.1% | +61.8% |
| 1Y | +93.4% | -8.6% | +102.1% | +92.7% |
| All | +286.8% | +108.0% | +178.8% | +255.2% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling