-12.8%
TNA vs URA
-41.1%
+28.3%
-32.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | URA | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.0% | -1.6% | +0.6% | +0.3% |
| 7D | +3.7% | -1.5% | +5.3% | +5.3% |
| 30D | +4.4% | -10.4% | +14.8% | +13.8% |
| 3M | -26.7% | -29.6% | +3.0% | -5.0% |
| 6M | -12.8% | -40.3% | +27.4% | +35.1% |
| All | -12.8% | -41.1% | +28.3% | +35.1% |
Cumulative growth
Daily Returns
Daily percentage return beside URA.
Daily Out/Under-Performance
Portfolio return minus URA return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × URA 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 6mo: compounded portfolio wealth divided by compounded URA 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…
6mo analysis · Full analysis span regression · 6 months rolling