-48.0%
SMR vs TAP
-10.2%
-37.8%
-91.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.2% | -0.7% | +0.9% | +0.1% |
| 7D | +1.9% | -8.0% | +9.9% | +1.3% |
| 30D | -21.9% | +4.1% | -26.0% | -21.7% |
| 3M | -47.1% | -4.4% | -42.8% | -47.1% |
| 6M | -60.6% | -1.9% | -58.7% | -60.6% |
| YTD | -63.1% | -12.1% | -51.0% | -63.0% |
| 1Y | -80.4% | -12.0% | -68.4% | -80.4% |
| 3Y | +150.2% | -25.0% | +175.3% | +159.1% |
| All | -48.0% | -10.2% | -37.8% | -48.6% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling