-83.7%
TZA vs SPY
+79.8%
-163.5%
-92.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.1% | -0.6% | +3.7% | +1.1% |
| 7D | +8.0% | -2.0% | +10.0% | +1.2% |
| 30D | +14.8% | -1.7% | +16.4% | +9.1% |
| 3M | -6.4% | +4.7% | -11.1% | +11.5% |
| 6M | -34.8% | +12.5% | -47.3% | +3.7% |
| YTD | -41.1% | +11.7% | -52.8% | -6.3% |
| 1Y | -49.9% | +17.5% | -67.4% | -2.2% |
| 3Y | -82.7% | +76.6% | -159.3% | +88.5% |
| 5Y | -83.7% | +82.0% | -165.7% | +227.9% |
| All | -83.7% | +79.8% | -163.5% | +227.9% |
Cumulative growth
Daily Returns
Daily percentage return beside SPY.
Daily Out/Under-Performance
Portfolio return minus SPY return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SPY 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 5y: compounded portfolio wealth divided by compounded SPY 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…
5y analysis · Full analysis span regression · 6 months rolling