-14.4%
TAP vs ESTC
+20.3%
-34.7%
-48.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | ESTC | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.1% | -6.1% | +4.0% | -2.0% |
| 7D | +7.7% | -18.5% | +26.2% | +8.2% |
| 30D | +14.4% | -11.0% | +25.4% | +14.6% |
| 3M | +2.0% | +20.8% | -18.7% | +1.4% |
| 6M | +2.5% | +67.9% | -65.4% | +1.0% |
| YTD | -6.4% | +11.6% | -18.0% | -6.9% |
| 1Y | -2.3% | -3.3% | +0.9% | -2.5% |
| 3Y | -20.3% | +16.4% | -36.7% | -21.9% |
| 5Y | +6.9% | -49.9% | +56.8% | +6.4% |
| All | -14.4% | +20.3% | -34.7% | -27.2% |
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