-1.9%
TAP vs ESTC
-49.1%
+47.2%
-43.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | ESTC | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.3% | +2.0% | -2.3% | -0.3% |
| 7D | -6.3% | +5.8% | -12.1% | -6.4% |
| 30D | +2.7% | -5.6% | +8.3% | +2.7% |
| 3M | -3.7% | +15.4% | -19.1% | -4.0% |
| 6M | -2.0% | +77.8% | -79.8% | -2.8% |
| YTD | -12.3% | +18.1% | -30.4% | -12.6% |
| 1Y | -10.1% | -3.7% | -6.4% | -10.0% |
| 3Y | -25.3% | +16.9% | -42.1% | -26.1% |
| 5Y | -1.9% | -51.2% | +49.3% | -14.1% |
| All | -1.9% | -49.1% | +47.2% | -14.1% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling