-24.4%
TAP vs SBAC
-10.4%
-14.0%
-42.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | SBAC | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.5% | -1.9% | -2.6% | -4.0% |
| 7D | +0.5% | +1.2% | -0.7% | +0.2% |
| 30D | +9.1% | +11.2% | -2.0% | +6.1% |
| 3M | -3.8% | +4.5% | -8.2% | -5.0% |
| 6M | -3.4% | -12.2% | +8.7% | -0.6% |
| YTD | -10.6% | -0.1% | -10.5% | -11.7% |
| 1Y | -4.4% | -0.3% | -4.2% | -5.6% |
| 3Y | -24.4% | -8.7% | -15.6% | -25.7% |
| All | -24.4% | -10.4% | -14.0% | -25.7% |
Cumulative growth
Daily Returns
Daily percentage return beside SBAC.
Daily Out/Under-Performance
Portfolio return minus SBAC return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SBAC 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 3y: compounded portfolio wealth divided by compounded SBAC 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…
3y analysis · Full analysis span regression · 6 months rolling