-17.9%
TAP vs ESTC
+31.2%
-49.0%
-48.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | ESTC | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.2% | -4.5% | +4.3% | -0.1% |
| 7D | -2.3% | -8.1% | +5.8% | -2.1% |
| 30D | -2.1% | +31.7% | -33.8% | -2.9% |
| 3M | +6.6% | +41.1% | -34.4% | +5.6% |
| 6M | -11.5% | +77.1% | -88.6% | -12.8% |
| YTD | -10.3% | +21.7% | -32.0% | -10.9% |
| 1Y | -14.4% | +8.4% | -22.8% | -14.7% |
| 3Y | -28.3% | +23.6% | -51.9% | -29.7% |
| 5Y | +1.7% | -46.5% | +48.2% | +1.2% |
| All | -17.9% | +31.2% | -49.0% | -30.2% |
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