Calculate the Compound Annual Growth Rate (CAGR) of your investments.
This means your investment grew at an average rate of 20.11% every year.
CAGR (Compound Annual Growth Rate) is the mean annual growth rate of an investment over a specified period of time longer than one year. It represents one of the most accurate ways to calculate and determine returns for your assets.
Compound Annual Growth Rate (CAGR) is the business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period.
Unlike absolute returns, CAGR accounts for the time period of investment. A 100% return over 10 years (7% CAGR) is very different from a 100% return over 3 years (26% CAGR). CAGR helps you compare investments of different durations fairly.