+272.3%
UMAC vs TAP
-27.1%
+299.4%
-75.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.6% | +3.2% | -7.9% | -3.6% |
| 7D | -5.2% | +1.3% | -6.5% | -4.7% |
| 30D | -36.4% | +5.7% | -42.1% | -34.9% |
| 3M | -58.6% | -1.9% | -56.7% | -58.2% |
| 6M | -24.6% | +0.9% | -25.6% | -22.5% |
| YTD | -11.5% | -9.5% | -2.0% | -9.8% |
| 1Y | +16.9% | -9.0% | +25.8% | +18.3% |
| All | +272.3% | -27.1% | +299.4% | +382.8% |
Cumulative growth
Daily Returns
Daily percentage return beside TAP.
Daily Out/Under-Performance
Portfolio return minus TAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TAP 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 TAP 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