+116.7%
UMAC vs TAP
-17.5%
+134.2%
-52.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.5% | +1.3% | -3.7% | -1.1% |
| 7D | -3.4% | -3.9% | +0.5% | -7.2% |
| 30D | -15.1% | -5.3% | -9.8% | -20.0% |
| 3M | -10.8% | -3.8% | -7.0% | -11.0% |
| 6M | +15.7% | -11.4% | +27.0% | +8.9% |
| YTD | +80.1% | -13.7% | +93.9% | +68.3% |
| 1Y | +116.7% | -17.2% | +133.9% | +97.4% |
| All | +116.7% | -17.5% | +134.2% | +97.4% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling