From today, money-weighted rate of return (MWRR) is being rolled out to all users.
What is MWRR?
The goal of the money-weighted rate of return (MWRR) is to show you the performance of your investment portfolio in a way that includes the impact created by your cash funding and withdrawal.
This way, MWRR represents your actual experience. It shows you how much your portfolio has increased or decreased in value when taking into account the amount of cash you have deposited and withdrawn from your account.
When will I see it?
MWRR has been rolled out to 25% of users this morning, and everyone should see it over the next few days.
Check our blog below for the full explainer, including an example:
Read even more on MWRR on our Investing Dictionary:
Really excited for this, it is exactly what I’ve been wanting for the app one of my biggest hopes. Great to see Freetrade continuing to deliver on community requests and just see the app develop and grow over time.
I like the Investing Dictionary explanation. Love a bit of formulae!
I have an external app which tracks Annualised XIRR but I’m glad I can see the Cumulative MWRR in Freetrade now without getting my calculator out
Over time we’ll be adding data from before that date and let you set different timeframes that you want to analyse.
How about a feature to compare the performance of our portfolio to benchmark indices next (as suggested here )? This would add further clarity and I’m sure be educational (and humbling!) for many of us so very much in line with goals!
Will we get true return (%) as well as MWRR? I like the addition but it doesn’t reflect how much you’ve actually made. Would be good to see them side by side!