-48.3%
TELA vs SPY
+20.8%
-69.1%
-65.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | +5.2% | -0.4% | +5.6% | +5.6% |
| 7D | +17.4% | +0.1% | +17.3% | +17.2% |
| 30D | -10.2% | +0.1% | -10.2% | -10.3% |
| 3M | -6.7% | +2.0% | -8.7% | -8.0% |
| 6M | -2.0% | +13.0% | -15.0% | -12.7% |
| YTD | -30.3% | +13.5% | -43.9% | -37.7% |
| 1Y | -48.3% | +20.0% | -68.3% | -60.4% |
| All | -48.3% | +20.8% | -69.1% | -60.4% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling