-20.4%
Z vs TAP
-23.7%
+3.3%
-70.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.4% | -4.5% | +2.1% | -1.0% |
| 7D | -4.6% | +0.5% | -5.1% | -4.4% |
| 30D | +8.3% | +9.1% | -0.8% | +6.3% |
| 3M | -11.6% | -3.8% | -7.8% | -10.5% |
| 6M | -33.6% | -3.4% | -30.2% | -33.0% |
| YTD | -56.7% | -10.6% | -46.0% | -56.3% |
| 1Y | -59.1% | -4.4% | -54.7% | -59.7% |
| 3Y | -20.4% | -24.4% | +4.0% | -23.0% |
| All | -20.4% | -23.7% | +3.3% | -23.0% |
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