-64.5%
XE vs TAP
-3.2%
-61.3%
-71.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.9% | -0.3% | +3.3% | +2.6% |
| 7D | +25.1% | -6.3% | +31.4% | +19.2% |
| 30D | -11.5% | +2.7% | -14.2% | -9.1% |
| 3M | -44.7% | -3.7% | -40.9% | -45.6% |
| 6M | -64.5% | -2.0% | -62.5% | -63.3% |
| All | -64.5% | -3.2% | -61.3% | -63.3% |
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 6mo: 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…
6mo analysis · Full analysis span regression · 6 months rolling