-19.5%
TAP vs ESTC
+24.7%
-44.3%
-48.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | ESTC | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.7% | +0.1% | -0.8% | -0.7% |
| 7D | -8.0% | -2.6% | -5.4% | -7.9% |
| 30D | +4.1% | -8.6% | +12.7% | +4.2% |
| 3M | -4.4% | +14.4% | -18.7% | -4.8% |
| 6M | -1.9% | +73.3% | -75.2% | -3.4% |
| YTD | -12.1% | +15.7% | -27.8% | -12.6% |
| 1Y | -12.0% | -7.6% | -4.5% | -12.1% |
| 3Y | -25.0% | +14.6% | -39.6% | -26.4% |
| 5Y | -1.1% | -50.0% | +49.0% | -1.4% |
| All | -19.5% | +24.7% | -44.3% | -31.6% |
Cumulative growth
Daily Returns
Daily percentage return beside ESTC.
Daily Out/Under-Performance
Portfolio return minus ESTC return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ESTC 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 ESTC 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