-62.8%
ZTS vs GAP
+9.4%
-72.2%
-69.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.0% | -0.2% | -2.7% | -2.9% |
| 7D | -4.8% | +1.7% | -6.5% | -5.0% |
| 30D | +1.2% | +9.3% | -8.1% | -0.1% |
| 3M | -6.0% | +6.1% | -12.1% | -6.9% |
| 6M | -38.7% | -2.3% | -36.5% | -38.8% |
| YTD | -40.6% | -10.6% | -30.0% | -40.2% |
| 1Y | -50.6% | -4.4% | -46.2% | -50.7% |
| 3Y | -58.7% | +118.3% | -177.1% | -64.8% |
| 5Y | -62.8% | +12.2% | -75.0% | -68.7% |
| All | -62.8% | +9.4% | -72.2% | -68.7% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling