-1.9%
TAP vs BUD
+50.1%
-52.1%
-43.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | BUD | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.3% | -0.3% | -0.1% | -0.2% |
| 7D | -6.3% | -1.6% | -4.7% | -5.6% |
| 30D | +2.7% | +6.7% | -4.0% | -0.1% |
| 3M | -3.7% | +5.9% | -9.6% | -6.1% |
| 6M | -2.0% | +5.1% | -7.1% | -4.1% |
| YTD | -12.3% | +32.9% | -45.2% | -22.4% |
| 1Y | -10.1% | +31.8% | -41.9% | -20.2% |
| 3Y | -25.3% | +47.4% | -72.6% | -38.3% |
| 5Y | -1.9% | +50.8% | -52.8% | -21.9% |
| All | -1.9% | +50.1% | -52.1% | -21.9% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling