-22.5%
TNA vs SPY
+79.8%
-102.3%
-82.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.0% | -0.6% | -2.4% | -1.0% |
| 7D | -7.6% | -2.0% | -5.6% | -1.2% |
| 30D | -13.6% | -1.7% | -12.0% | -8.5% |
| 3M | +2.8% | +4.7% | -1.9% | -11.1% |
| 6M | +34.5% | +12.5% | +22.0% | -5.3% |
| YTD | +41.0% | +11.7% | +29.3% | +3.0% |
| 1Y | +52.0% | +17.5% | +34.5% | -3.5% |
| 3Y | +103.5% | +76.6% | +26.9% | -58.6% |
| 5Y | -22.5% | +82.0% | -104.6% | -80.3% |
| All | -22.5% | +79.8% | -102.3% | -80.3% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling