+11.1%
SMR vs TAP
-12.2%
+23.3%
-87.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +15.3% | -4.1% | +19.4% | +15.1% |
| 7D | +21.4% | -2.3% | +23.7% | +21.2% |
| 30D | +13.8% | -9.4% | +23.3% | +13.4% |
| 3M | +3.9% | -0.8% | +4.7% | +3.7% |
| 6M | -4.2% | -14.7% | +10.5% | -3.6% |
| YTD | -21.1% | -13.9% | -7.2% | -21.2% |
| 1Y | -67.1% | -18.6% | -48.4% | -66.8% |
| 3Y | +88.9% | -32.0% | +120.9% | +99.0% |
| All | +11.1% | -12.2% | +23.3% | +9.7% |
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