+36.0%
TSM vs SMH
+41.3%
-5.3%
-21.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | SMH | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.2% | -2.7% | +0.5% | 0.0% |
| 7D | -10.0% | -11.2% | +1.2% | -0.8% |
| 30D | -18.5% | -20.4% | +1.9% | -1.8% |
| 3M | -4.9% | -12.4% | +7.5% | +5.8% |
| 6M | -1.0% | -0.5% | -0.5% | -3.2% |
| YTD | +31.3% | +40.0% | -8.8% | -6.1% |
| 1Y | +36.0% | +43.4% | -7.4% | -4.3% |
| All | +36.0% | +41.3% | -5.3% | -4.3% |
Cumulative growth
Daily Returns
Daily percentage return beside SMH.
Daily Out/Under-Performance
Portfolio return minus SMH return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SMH 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 1y: compounded portfolio wealth divided by compounded SMH 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…
1y analysis · Full analysis span regression · 6 months rolling