-6.1%
VEEV vs TAP
-17.5%
+11.4%
-50.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | +1.3% | -0.7% | +0.5% |
| 7D | -4.6% | -3.9% | -0.7% | -4.5% |
| 30D | +8.6% | -5.3% | +13.9% | +8.8% |
| 3M | +62.4% | -3.8% | +66.2% | +62.1% |
| 6M | +40.3% | -11.4% | +51.6% | +38.5% |
| YTD | +17.5% | -13.7% | +31.3% | +14.1% |
| 1Y | -6.1% | -17.2% | +11.1% | -8.8% |
| All | -6.1% | -17.5% | +11.4% | -8.8% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling