-16.1%
Z vs GAP
+15.9%
-32.0%
-86.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.4% | -4.1% | +1.7% | -1.4% |
| 7D | -4.6% | -3.8% | -0.8% | -3.4% |
| 30D | +8.3% | -9.0% | +17.3% | +11.3% |
| 3M | -11.6% | +5.5% | -17.1% | -13.0% |
| 6M | -33.6% | -11.1% | -22.6% | -32.2% |
| YTD | -56.7% | -13.6% | -43.1% | -55.6% |
| 1Y | -59.1% | -2.9% | -56.3% | -59.4% |
| 3Y | -20.4% | +69.6% | -90.0% | -36.6% |
| 5Y | -55.3% | +5.4% | -60.6% | -62.5% |
| All | -16.1% | +15.9% | -32.0% | -48.1% |
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 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