-27.6%
TAP vs SPY
+77.4%
-104.9%
-38.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.2% | -0.4% | +0.2% | -0.1% |
| 7D | -2.3% | +0.1% | -2.4% | -2.3% |
| 30D | -2.1% | +0.1% | -2.2% | -2.1% |
| 3M | +6.6% | +2.0% | +4.6% | +6.1% |
| 6M | -11.5% | +13.0% | -24.5% | -14.3% |
| YTD | -10.3% | +13.5% | -23.8% | -13.3% |
| 1Y | -14.4% | +20.0% | -34.4% | -19.0% |
| All | -27.6% | +77.4% | -104.9% | -44.5% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling