+1,815.4%
TSM vs GAP
+28.3%
+1,787.1%
-56.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.8% | -4.6% | +3.7% | -0.1% |
| 7D | +4.8% | -3.2% | +8.0% | +5.3% |
| 30D | +4.0% | -0.7% | +4.7% | +3.8% |
| 3M | +2.0% | -0.5% | +2.4% | +1.5% |
| 6M | +25.5% | -5.0% | +30.5% | +25.4% |
| YTD | +44.0% | -14.7% | +58.7% | +46.0% |
| 1Y | +75.4% | -8.6% | +84.1% | +75.2% |
| 3Y | +406.7% | +108.4% | +298.4% | +322.2% |
| 5Y | +285.0% | +5.8% | +279.2% | +241.5% |
| 10Y | +1,815.4% | +29.6% | +1,785.7% | +1,379.8% |
| All | +1,815.4% | +28.3% | +1,787.1% | +1,379.8% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling