-3.4%
TAP vs URA
-41.6%
+38.1%
-16.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | URA | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.5% | +4.4% | -8.9% | -3.5% |
| 7D | +0.5% | -4.1% | +4.6% | -0.2% |
| 30D | +9.1% | -19.0% | +28.2% | +5.2% |
| 3M | -3.8% | -25.1% | +21.3% | -8.4% |
| 6M | -3.4% | -44.5% | +41.0% | -12.0% |
| All | -3.4% | -41.6% | +38.1% | -12.0% |
Cumulative growth
Daily Returns
Daily percentage return beside URA.
Daily Out/Under-Performance
Portfolio return minus URA return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × URA 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 6mo: compounded portfolio wealth divided by compounded URA 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…
6mo analysis · Full analysis span regression · 6 months rolling