-15.7%
STM vs TAP
+2.0%
-17.7%
-66.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.4% | -4.5% | +8.9% | +5.2% |
| 7D | -10.7% | +0.5% | -11.3% | -10.9% |
| 30D | -25.7% | +9.1% | -34.9% | -27.3% |
| 3M | -21.6% | -3.8% | -17.8% | -21.3% |
| 6M | -27.8% | -3.4% | -24.4% | -28.0% |
| YTD | +61.8% | -10.6% | +72.4% | +64.0% |
| 1Y | +78.1% | -4.4% | +82.5% | +75.9% |
| 3Y | +4.9% | -24.4% | +29.3% | +11.1% |
| All | -15.7% | +2.0% | -17.7% | -19.7% |
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