+1,410.4%
TSM vs HWM
+1,473.3%
-62.9%
-56.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | HWM | Excess | Alpha |
|---|---|---|---|---|
| 1D | +6.3% | +2.5% | +3.8% | +5.6% |
| 7D | -7.6% | +3.4% | -10.9% | -8.4% |
| 30D | -20.5% | -7.5% | -13.0% | -18.8% |
| 3M | -10.0% | -28.9% | +18.9% | -1.1% |
| 6M | -10.1% | -19.6% | +9.6% | -5.0% |
| YTD | +24.5% | +0.6% | +23.9% | +23.0% |
| 1Y | +31.2% | +0.3% | +30.9% | +29.6% |
| 3Y | +322.0% | +326.1% | -4.2% | +179.3% |
| 5Y | +245.3% | +525.2% | -279.9% | +106.6% |
| All | +1,410.4% | +1,473.3% | -62.9% | +675.4% |
Cumulative growth
Daily Returns
Daily percentage return beside HWM.
Daily Out/Under-Performance
Portfolio return minus HWM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HWM 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 HWM 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