+112.2%
USO vs GAP
-7.6%
+119.8%
-32.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.2% | +2.9% | -5.1% | -1.4% |
| 7D | +9.1% | -4.1% | +13.2% | +8.0% |
| 30D | +21.7% | +6.2% | +15.5% | +24.3% |
| 3M | +20.2% | -0.7% | +20.9% | +21.4% |
| 6M | +43.4% | -7.1% | +50.5% | +44.4% |
| YTD | +124.0% | -14.1% | +138.0% | +120.3% |
| 1Y | +112.2% | -8.5% | +120.7% | +103.5% |
| All | +112.2% | -7.6% | +119.8% | +103.5% |
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