+4.3%
TAP vs SPY
+82.0%
-77.7%
-39.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.2% | -0.4% | +0.2% | 0.0% |
| 7D | -2.3% | +0.1% | -2.4% | -2.4% |
| 30D | -2.1% | +0.1% | -2.2% | -2.2% |
| 3M | +6.6% | +2.0% | +4.6% | +5.7% |
| 6M | -11.5% | +13.0% | -24.5% | -15.9% |
| YTD | -10.3% | +13.5% | -23.8% | -15.0% |
| 1Y | -14.4% | +20.0% | -34.4% | -21.0% |
| 3Y | -28.3% | +77.2% | -105.5% | -45.8% |
| All | +4.3% | +82.0% | -77.7% | -24.0% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling