+44.6%
TAP vs BUD
+214.6%
-170.1%
-67.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | BUD | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.5% | -1.5% | -3.0% | -3.8% |
| 7D | +0.5% | +4.5% | -3.9% | -1.5% |
| 30D | +9.1% | +12.5% | -3.4% | +3.3% |
| 3M | -3.8% | 0.0% | -3.8% | -3.7% |
| 6M | -3.4% | +3.8% | -7.2% | -5.1% |
| YTD | -10.6% | +33.1% | -43.7% | -22.2% |
| 1Y | -4.4% | +35.5% | -39.9% | -17.6% |
| 3Y | -24.4% | +49.4% | -73.8% | -39.1% |
| 5Y | +2.1% | +48.0% | -46.0% | -19.0% |
| 10Y | -48.7% | -8.6% | -40.2% | -51.0% |
| All | +44.6% | +214.6% | -170.1% | -13.3% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling