-13.0%
USAR vs TAP
-33.6%
+20.6%
-80.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +6.5% | -1.2% | +7.7% | +6.2% |
| 7D | -1.1% | -7.8% | +6.7% | -2.9% |
| 30D | -30.3% | +7.1% | -37.4% | -28.9% |
| 3M | -54.7% | -7.0% | -47.6% | -55.0% |
| 6M | -67.5% | -3.8% | -63.7% | -67.1% |
| YTD | -26.4% | -11.7% | -14.7% | -26.4% |
| 1Y | -49.5% | -10.1% | -39.4% | -49.5% |
| 3Y | -14.5% | -23.7% | +9.2% | -14.6% |
| All | -13.0% | -33.6% | +20.6% | -13.1% |
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