+59.3%
USAR vs GAP
+149.9%
-90.6%
-69.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -6.0% | -2.1% | -3.9% | -6.0% |
| 7D | -9.3% | -6.3% | -3.0% | -9.3% |
| 30D | -15.2% | -0.2% | -14.9% | -15.2% |
| 3M | -21.1% | 0.0% | -21.1% | -21.1% |
| 6M | -21.6% | -8.1% | -13.5% | -21.5% |
| YTD | +34.8% | -16.5% | +51.3% | +34.5% |
| 1Y | +15.6% | -10.5% | +26.1% | +15.6% |
| 3Y | +57.7% | +104.0% | -46.3% | +57.6% |
| All | +59.3% | +149.9% | -90.6% | +58.7% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 GAP 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