+1,643.1%
TSM vs SMH
+1,460.5%
+182.6%
-56.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | SMH | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.7% | -3.0% | +1.3% | +0.9% |
| 7D | +6.2% | +4.9% | +1.3% | +1.9% |
| 30D | -7.3% | -13.8% | +6.5% | +5.1% |
| 3M | -7.1% | -17.4% | +10.2% | +8.9% |
| 6M | +0.2% | -15.0% | +15.2% | +13.7% |
| YTD | +32.2% | +35.2% | -2.9% | +0.7% |
| 1Y | +42.8% | +41.6% | +1.2% | +4.4% |
| 3Y | +330.4% | +215.6% | +114.8% | +62.6% |
| 5Y | +263.9% | +233.2% | +30.7% | +28.7% |
| All | +1,643.1% | +1,460.5% | +182.6% | +88.7% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling