Table 1: Daily geometric mean return for different transaction fees. Results are obtained considering the period between Jan. 2016 and Apr. 2018.

no fee

Baseline1.0051.0031.0010.9990.9950.985
Method 11.0081.0061.0041.0020.9980.988
Method 21.0051.0031.0010.9990.9950.985
Method 31.0251.0231.0211.0191.0151.005