-53.8%
SNAP vs TAP
-23.7%
-30.1%
-77.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.6% | -4.5% | +1.9% | -2.0% |
| 7D | -7.1% | +0.5% | -7.6% | -7.0% |
| 30D | -14.6% | +9.1% | -23.8% | -15.3% |
| 3M | -5.0% | -3.8% | -1.2% | -4.7% |
| 6M | -18.8% | -3.4% | -15.4% | -18.7% |
| YTD | -38.5% | -10.6% | -27.9% | -38.4% |
| 1Y | -38.1% | -4.4% | -33.7% | -38.5% |
| 3Y | -53.8% | -24.4% | -29.4% | -55.6% |
| All | -53.8% | -23.7% | -30.1% | -55.6% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling