-47.6%
TAP vs BUD
-4.3%
-43.3%
-64.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | BUD | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.3% | +1.1% | -0.8% | -0.2% |
| 7D | -4.5% | +6.0% | -10.6% | -7.1% |
| 30D | +7.5% | +11.3% | -3.8% | +2.4% |
| 3M | -4.9% | +3.6% | -8.4% | -6.4% |
| 6M | -3.5% | +7.7% | -11.2% | -6.7% |
| YTD | -11.4% | +36.4% | -47.8% | -23.4% |
| 1Y | -10.8% | +37.8% | -48.6% | -23.3% |
| 3Y | -24.5% | +51.2% | -75.7% | -39.1% |
| 5Y | +2.5% | +53.4% | -51.0% | -19.5% |
| 10Y | -47.6% | -3.2% | -44.4% | -51.2% |
| All | -47.6% | -4.3% | -43.3% | -51.2% |
Cumulative growth
Daily Returns
Daily percentage return beside BUD.
Daily Out/Under-Performance
Portfolio return minus BUD return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × BUD 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 BUD 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