-13.5%
VEEV vs TAP
+0.4%
-13.9%
-53.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.7% | -4.1% | +0.4% | -3.1% |
| 7D | -5.2% | -2.3% | -2.8% | -4.8% |
| 30D | +14.9% | -9.4% | +24.3% | +16.6% |
| 3M | +58.4% | -0.8% | +59.2% | +58.6% |
| 6M | +35.5% | -14.7% | +50.2% | +38.4% |
| YTD | +18.6% | -13.9% | +32.6% | +20.4% |
| 1Y | -6.3% | -18.6% | +12.3% | -4.1% |
| 3Y | +20.2% | -32.0% | +52.2% | +26.7% |
| All | -13.5% | +0.4% | -13.9% | -11.1% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling