-38.9%
SPXS vs GAP
+1.5%
-40.4%
-46.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.3% | +0.5% | +0.8% | +1.4% |
| 7D | -0.1% | -4.5% | +4.4% | -1.2% |
| 30D | +0.8% | +9.0% | -8.2% | +3.5% |
| 3M | -4.7% | +5.0% | -9.7% | -3.1% |
| 6M | -29.6% | -17.8% | -11.8% | -32.8% |
| YTD | -29.8% | -10.4% | -19.4% | -30.2% |
| 1Y | -38.9% | -3.4% | -35.6% | -33.1% |
| All | -38.9% | +1.5% | -40.4% | -33.1% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 1y: compounded portfolio wealth divided by compounded GAP 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…
1y analysis · Full analysis span regression · 6 months rolling