+40.4%
XLB vs TAP
-23.7%
+64.0%
-23.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.7% | -4.5% | +3.8% | +0.3% |
| 7D | -1.5% | +0.5% | -2.0% | -1.6% |
| 30D | +6.1% | +9.1% | -3.1% | +3.9% |
| 3M | 0.0% | -3.8% | +3.8% | +0.7% |
| 6M | 0.0% | -3.4% | +3.4% | +0.4% |
| YTD | +16.0% | -10.6% | +26.7% | +18.2% |
| 1Y | +24.7% | -4.4% | +29.1% | +24.6% |
| 3Y | +40.4% | -24.4% | +64.7% | +44.6% |
| All | +40.4% | -23.7% | +64.0% | +44.6% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling