+91.4%
USO vs GAP
+1.5%
+89.9%
-32.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.1% | +0.5% | -0.6% | 0.0% |
| 7D | +9.5% | -4.5% | +13.9% | +8.2% |
| 30D | +23.6% | +9.0% | +14.5% | +26.9% |
| 3M | +3.8% | +5.0% | -1.2% | +6.4% |
| 6M | +55.0% | -17.8% | +72.9% | +54.5% |
| YTD | +105.3% | -10.4% | +115.7% | +104.0% |
| 1Y | +91.4% | -3.4% | +94.8% | +85.1% |
| All | +91.4% | +1.5% | +89.9% | +85.1% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling