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I know this has been probably asked before, but the threads I have found do not seem to answer my question exactly. I want to know what the calculation is for Gain/Loss (%) and how it is differs from ROI (%). I found this page: https://help.quicken.com/display/WIN/Tell+me+about+key+investment+performance+calculations+used+in+Quicken But it does not explain the Gain/Loss (%) calculation.
My limited research tells me the difference between the two are dividends. If correct, I am still unclear as to why an ETF that I bought less than 30 days ago has a ROI of 5.8% and a Gain of 5.4% when no dividends have been paid. Leaves me scratching my head as I would expect them to be the same.
I would like someone with the knowledge to please spell it out for me. Gain/Loss (%) is this and ROI (%) is that.
Thank you for your response. Please do not replay just to say you have the same issue.