+102.1%
USO vs GAP
+103.6%
-1.5%
-32.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +5.6% | -2.1% | +7.7% | +5.6% |
| 7D | +11.5% | -6.3% | +17.8% | +11.3% |
| 30D | +24.1% | -0.2% | +24.4% | +24.1% |
| 3M | +17.9% | 0.0% | +17.9% | +18.1% |
| 6M | +49.6% | -8.1% | +57.7% | +49.5% |
| YTD | +129.0% | -16.5% | +145.5% | +128.6% |
| 1Y | +112.0% | -10.5% | +122.4% | +110.3% |
| All | +102.1% | +103.6% | -1.5% | +87.3% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling