+324.2%
SMH vs GAP
+3.0%
+321.2%
-45.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.4% | -2.1% | -0.3% | -2.0% |
| 7D | +1.4% | -6.3% | +7.7% | +2.9% |
| 30D | -2.2% | -0.2% | -2.0% | -2.7% |
| 3M | -1.9% | 0.0% | -1.9% | -2.8% |
| 6M | +41.0% | -8.1% | +49.1% | +41.5% |
| YTD | +55.6% | -16.5% | +72.0% | +58.9% |
| 1Y | +86.8% | -10.5% | +97.3% | +86.6% |
| 3Y | +277.7% | +104.0% | +173.7% | +183.8% |
| 5Y | +324.2% | +6.8% | +317.4% | +229.5% |
| All | +324.2% | +3.0% | +321.2% | +229.5% |
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