-18.2%
TAP vs ESTC
+23.0%
-41.2%
-48.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | ESTC | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.5% | +2.2% | -6.7% | -4.6% |
| 7D | +0.5% | -11.5% | +12.0% | +0.8% |
| 30D | +9.1% | -7.5% | +16.7% | +9.3% |
| 3M | -3.8% | +23.1% | -26.9% | -4.4% |
| 6M | -3.4% | +75.3% | -78.7% | -4.9% |
| YTD | -10.6% | +14.1% | -24.7% | -11.2% |
| 1Y | -4.4% | -0.6% | -3.8% | -4.6% |
| 3Y | -24.4% | +20.8% | -45.2% | -25.9% |
| 5Y | +2.1% | -48.8% | +50.8% | +1.5% |
| All | -18.2% | +23.0% | -41.2% | -30.5% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling