-4.5%
STM vs TAP
+1.8%
-6.3%
-66.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.5% | -0.7% | +4.2% | +3.6% |
| 7D | +1.4% | -8.0% | +9.4% | +2.8% |
| 30D | -8.4% | +4.1% | -12.4% | -9.5% |
| 3M | -15.8% | -4.4% | -11.5% | -15.6% |
| 6M | -22.8% | -1.9% | -20.9% | -23.5% |
| YTD | +79.4% | -12.1% | +91.4% | +82.3% |
| 1Y | +97.0% | -12.0% | +109.0% | +99.8% |
| 3Y | +14.2% | -25.0% | +39.2% | +20.9% |
| 5Y | -4.5% | -1.1% | -3.4% | -8.5% |
| All | -4.5% | +1.8% | -6.3% | -8.5% |
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