-49.8%
TAP vs SPY
+312.9%
-362.7%
-66.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.5% | +0.3% | -4.8% | -4.7% |
| 7D | +0.5% | -2.7% | +3.2% | +2.1% |
| 30D | +9.1% | -5.4% | +14.5% | +12.6% |
| 3M | -3.8% | -4.1% | +0.3% | -1.6% |
| 6M | -3.4% | +0.7% | -4.1% | -4.5% |
| YTD | -10.6% | +8.7% | -19.3% | -16.1% |
| 1Y | -4.4% | +10.9% | -15.3% | -11.5% |
| 3Y | -24.4% | +75.0% | -99.4% | -49.8% |
| 5Y | +2.1% | +67.8% | -65.7% | -31.1% |
| All | -49.8% | +312.9% | -362.7% | -83.4% |
Cumulative growth
Daily Returns
Daily percentage return beside SPY.
Daily Out/Under-Performance
Portfolio return minus SPY return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SPY 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 10y: compounded portfolio wealth divided by compounded SPY 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…
10y analysis · Full analysis span regression · 6 months rolling