-47.6%
TAP vs ACM
+130.8%
-178.5%
-64.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | ACM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.7% | -0.5% | -0.2% | -0.6% |
| 7D | -8.0% | +3.0% | -11.0% | -8.9% |
| 30D | +4.1% | +19.7% | -15.6% | -1.5% |
| 3M | -4.4% | +5.3% | -9.7% | -6.2% |
| 6M | -1.9% | -10.8% | +8.8% | +0.5% |
| YTD | -12.1% | -25.1% | +13.0% | -5.8% |
| 1Y | -12.0% | -45.8% | +33.7% | +4.3% |
| 3Y | -25.0% | -9.4% | -15.7% | -26.4% |
| 5Y | -1.1% | +4.8% | -5.9% | -9.1% |
| 10Y | -47.6% | +129.8% | -177.4% | -62.5% |
| All | -47.6% | +130.8% | -178.5% | -62.5% |
Cumulative growth
Daily Returns
Daily percentage return beside ACM.
Daily Out/Under-Performance
Portfolio return minus ACM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ACM 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 10y: compounded portfolio wealth divided by compounded ACM 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…
10y analysis · Full analysis span regression · 6 months rolling