-51.4%
TAP vs SPY
+311.3%
-362.7%
-67.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.1% | -0.5% | -3.5% | -3.8% |
| 7D | -2.3% | +0.5% | -2.9% | -2.6% |
| 30D | -9.4% | -0.9% | -8.5% | -8.9% |
| 3M | -0.8% | +3.9% | -4.7% | -3.3% |
| 6M | -14.7% | +14.5% | -29.3% | -22.2% |
| YTD | -13.9% | +12.9% | -26.9% | -20.9% |
| 1Y | -18.6% | +19.4% | -38.0% | -28.1% |
| 3Y | -32.0% | +78.5% | -110.5% | -55.4% |
| 5Y | -1.0% | +81.8% | -82.7% | -37.0% |
| 10Y | -51.4% | +311.5% | -362.9% | -84.8% |
| All | -51.4% | +311.3% | -362.7% | -84.8% |
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