-40.1%
TELA vs SPY
+18.1%
-58.2%
-65.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | +7.2% | +0.9% | +6.3% | +6.5% |
| 7D | +18.0% | -0.8% | +18.8% | +18.7% |
| 30D | +34.7% | -1.1% | +35.8% | +35.7% |
| 3M | +6.4% | +3.9% | +2.5% | +3.5% |
| 6M | +24.4% | +13.6% | +10.8% | +10.6% |
| YTD | -17.8% | +12.7% | -30.5% | -25.9% |
| 1Y | -40.1% | +17.5% | -57.6% | -49.4% |
| All | -40.1% | +18.1% | -58.2% | -49.4% |
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