-17.2%
TAP vs ESTC
+25.9%
-43.1%
-48.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | ESTC | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.2% | -1.0% | +4.3% | +3.3% |
| 7D | +1.3% | +2.4% | -1.1% | +1.2% |
| 30D | +5.7% | -4.2% | +10.0% | +5.7% |
| 3M | -1.9% | +2.5% | -4.4% | -2.1% |
| 6M | +0.9% | +81.5% | -80.5% | -0.7% |
| YTD | -9.5% | +16.8% | -26.4% | -10.1% |
| 1Y | -9.0% | -3.5% | -5.5% | -9.1% |
| 3Y | -22.2% | +17.7% | -40.0% | -23.8% |
| 5Y | +1.2% | -51.7% | +53.0% | +1.0% |
| All | -17.2% | +25.9% | -43.1% | -29.6% |
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