+233.7%
SMH vs GAP
+2.1%
+231.5%
-45.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.0% | -0.8% | -2.1% | -2.8% |
| 7D | +4.9% | -1.9% | +6.8% | +5.4% |
| 30D | -13.8% | -7.1% | -6.8% | -12.5% |
| 3M | -17.4% | +4.1% | -21.5% | -18.7% |
| 6M | -15.0% | +1.9% | -16.9% | -16.7% |
| YTD | +35.2% | -15.2% | +50.4% | +37.3% |
| 1Y | +41.6% | -10.6% | +52.2% | +41.5% |
| 3Y | +215.6% | +74.6% | +141.0% | +148.3% |
| All | +233.7% | +2.1% | +231.5% | +157.7% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling