-16.0%
Z vs GAP
+12.0%
-28.0%
-86.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -5.5% | -1.2% | -4.3% | -5.2% |
| 7D | -6.5% | -0.1% | -6.4% | -6.2% |
| 30D | -0.1% | -5.4% | +5.3% | +1.7% |
| 3M | -14.1% | +2.9% | -17.0% | -14.9% |
| 6M | -30.1% | -4.4% | -25.6% | -29.8% |
| YTD | -57.5% | -11.6% | -45.9% | -56.7% |
| 1Y | -60.3% | -6.0% | -54.3% | -60.3% |
| 3Y | -21.0% | +78.0% | -99.0% | -37.9% |
| 5Y | -54.9% | +8.5% | -63.4% | -62.5% |
| 10Y | -16.0% | +8.6% | -24.6% | -48.0% |
| All | -16.0% | +12.0% | -28.0% | -48.0% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling