-5.1%
WAT vs GAP
+9.4%
-14.5%
-44.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.6% | -0.2% | -1.4% | -1.5% |
| 7D | -0.7% | +1.7% | -2.4% | -1.0% |
| 30D | -1.0% | +9.3% | -10.3% | -2.7% |
| 3M | +10.9% | +6.1% | +4.8% | +9.4% |
| 6M | +33.2% | -2.3% | +35.5% | +32.4% |
| YTD | +6.1% | -10.6% | +16.7% | +7.0% |
| 1Y | +30.2% | -4.4% | +34.7% | +29.5% |
| 3Y | +52.9% | +118.3% | -65.4% | +28.8% |
| 5Y | -5.1% | +12.2% | -17.3% | -20.8% |
| All | -5.1% | +9.4% | -14.5% | -20.8% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling