-33.7%
TLT vs GAP
+9.4%
-43.1%
-43.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | 0.0% | -0.2% | +0.2% | 0.0% |
| 7D | +0.4% | +1.7% | -1.3% | +0.4% |
| 30D | -0.3% | +9.3% | -9.6% | -0.4% |
| 3M | -1.7% | +6.1% | -7.8% | -1.8% |
| 6M | -4.9% | -2.3% | -2.6% | -4.9% |
| YTD | -2.8% | -10.6% | +7.8% | -2.8% |
| 1Y | -4.2% | -4.4% | +0.2% | -4.3% |
| 3Y | -1.1% | +118.3% | -119.4% | -1.8% |
| 5Y | -33.7% | +12.2% | -45.9% | -36.0% |
| All | -33.7% | +9.4% | -43.1% | -36.0% |
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