-49.5%
TAP vs ACM
+147.1%
-196.6%
-65.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | ACM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.2% | +5.2% | -6.4% | -2.8% |
| 7D | -7.8% | +6.9% | -14.7% | -9.7% |
| 30D | +7.1% | +19.1% | -11.9% | +1.6% |
| 3M | -7.0% | -6.9% | -0.1% | -5.5% |
| 6M | -3.8% | -12.0% | +8.2% | -1.0% |
| YTD | -11.7% | -25.1% | +13.4% | -5.4% |
| 1Y | -10.1% | -45.4% | +35.3% | +6.3% |
| 3Y | -23.7% | -6.9% | -16.8% | -25.8% |
| 5Y | +2.9% | +3.7% | -0.8% | -5.1% |
| 10Y | -49.5% | +135.8% | -185.3% | -63.6% |
| All | -49.5% | +147.1% | -196.6% | -63.6% |
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