# Difference between "Avg. Annual Return (%)" and "Return (%)"

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edited February 20

The portfolio page of the Investing tab can be customized with various calculations. Two are different but the descriptions don't tell me what the difference is.

Avg. Annual Return (%) := Average total return (in [time span] period); also known as internal rate of return (IRR)."

Return (%) := Change in value, plus dividends, capital gains and (over past [time span])

Each shows a close but different value for comparable time frames. So there has to be a difference. From the definition, one might think the Return (%) is not annualized, but, as I said, the values even over three and five year periods are similar. So Return (%) has to be annualized too. And if, as it says it includes dividends, return of capital and gains (presumably realized and unrealized), then I think that would be the same as the internal rate of return.

Can someone shed some light on this mystery? Has Quicken published the math definitions of these functions?

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