+250.6%
SMH vs TAP
+1.8%
+248.8%
-45.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.8% | -0.7% | +5.5% | +4.8% |
| 7D | +0.5% | -8.0% | +8.5% | +0.7% |
| 30D | -14.2% | +4.1% | -18.3% | -14.4% |
| 3M | -11.5% | -4.4% | -7.2% | -11.4% |
| 6M | -12.0% | -1.9% | -10.1% | -12.2% |
| YTD | +40.8% | -12.1% | +52.8% | +41.9% |
| 1Y | +44.9% | -12.0% | +56.9% | +45.8% |
| 3Y | +226.7% | -25.0% | +251.7% | +234.8% |
| 5Y | +250.6% | -1.1% | +251.7% | +228.9% |
| All | +250.6% | +1.8% | +248.8% | +228.9% |
Cumulative growth
Daily Returns
Daily percentage return beside TAP.
Daily Out/Under-Performance
Portfolio return minus TAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TAP 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 TAP 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