+44.7%
XLB vs GAP
+77.2%
-32.5%
-23.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.2% | -1.2% | +1.0% | 0.0% |
| 7D | +0.5% | -0.1% | +0.6% | +0.5% |
| 30D | +6.9% | -5.4% | +12.3% | +7.6% |
| 3M | -0.2% | +2.9% | -3.1% | -0.8% |
| 6M | +3.3% | -4.4% | +7.7% | +3.1% |
| YTD | +18.0% | -11.6% | +29.6% | +18.6% |
| 1Y | +24.2% | -6.0% | +30.3% | +23.8% |
| 3Y | +44.7% | +78.0% | -33.3% | +38.1% |
| All | +44.7% | +77.2% | -32.5% | +38.1% |
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