-41.2%
TECH vs GAP
+5.0%
-46.2%
-65.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.2% | -4.1% | +4.3% | +0.9% |
| 7D | +0.2% | -3.8% | +3.9% | +0.7% |
| 30D | +0.3% | -9.0% | +9.4% | +1.8% |
| 3M | +1.3% | +5.5% | -4.1% | -0.3% |
| 6M | +54.0% | -11.1% | +65.0% | +55.4% |
| YTD | +24.3% | -13.6% | +37.8% | +25.6% |
| 1Y | +25.8% | -2.9% | +28.7% | +24.3% |
| 3Y | +26.0% | +69.6% | -43.7% | +7.3% |
| All | -41.2% | +5.0% | -46.2% | -52.7% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 GAP 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