+15.8%
TBT vs SPY
+78.1%
-62.3%
-25.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.0% | -0.4% | +1.4% | +0.9% |
| 7D | +6.6% | +2.6% | +4.0% | +7.1% |
| 30D | -1.7% | -2.0% | +0.3% | -2.0% |
| 3M | +7.3% | -2.8% | +10.1% | +6.9% |
| 6M | +12.4% | +2.1% | +10.3% | +13.0% |
| YTD | +17.8% | +11.5% | +6.3% | +20.1% |
| 1Y | +23.6% | +13.5% | +10.1% | +26.2% |
| 3Y | +15.8% | +77.7% | -61.9% | +43.5% |
| All | +15.8% | +78.1% | -62.3% | +43.5% |
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