-15.6%
SMH vs WM
+6.8%
-22.4%
-33.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | WM | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.6% | -2.1% | +5.7% | +0.9% |
| 7D | -11.2% | +1.2% | -12.4% | -9.5% |
| 30D | -25.8% | +13.1% | -38.8% | -11.3% |
| 3M | -18.8% | +3.6% | -22.4% | -14.3% |
| 6M | -15.6% | +8.1% | -23.7% | -0.2% |
| All | -15.6% | +6.8% | -22.4% | -0.2% |
Cumulative growth
Daily Returns
Daily percentage return beside WM.
Daily Out/Under-Performance
Portfolio return minus WM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × WM 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 6mo: compounded portfolio wealth divided by compounded WM 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…
6mo analysis · Full analysis span regression · 6 months rolling