+32.5%
XME vs GAP
-7.6%
+40.2%
-26.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.0% | +2.9% | -3.9% | -1.5% |
| 7D | -4.2% | -4.1% | -0.1% | -3.5% |
| 30D | -2.7% | +6.2% | -8.9% | -4.2% |
| 3M | -3.9% | -0.7% | -3.2% | -4.1% |
| 6M | -1.0% | -7.1% | +6.1% | -0.5% |
| YTD | +9.8% | -14.1% | +23.9% | +11.3% |
| 1Y | +32.5% | -8.5% | +41.0% | +30.3% |
| All | +32.5% | -7.6% | +40.2% | +30.3% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling