Return Calcs: IP report v portfolio view returns when assets transferred between accounts

mtn_living

I need some help understanding the following and if there is any way around it:

1. In September I did an asset transfer from one brokerage to and existing Vanguard account. Reflected this in Quicken using a transfer so shares, lots, cost basis, etc. transferred just fine within Quicken (Windows Premier). All good.
2. But, doing the transfer seems to have screwed up Portfolio View return numbers for the transferred assets.
3. Looking at the Portfolio View (by Security Type), I see for instance VEU showing a YTD ROI of 26.14%. However, looking up official performance online, VEU actual YTD return (realize this is slightly different from ROI) is 8.12%. In the Investment Performance Report with date set to Yearly Quicken shows VEU ROI of 7.97%, very close to official number. Similarly, for VYM, Portfolio View shows YTD ROI of 81%, official online return YTD is 22.99% and Quicken Inv Perf Report shows 22.73%.

Clearly the portfolio view can't correctly compute ROI for transferred assets. This means none of the summary total returns for the portfolio are correct either. For instance, portfolio view shows my ROI YTD of 18.12% (16.33% if I included closed lots) but IPR shows overall portfolio return of 23.52% (same accounts, same assets selected).

While I can and do mostly rely on the IPR for tracking my returns I do find Portfolio View handy for the big picture but I don't trust the numbers.

Anyway around this problem and what specifically is happening? Is Quicken annualizing the returns of the transferred assets as if they were new to me as of the date of transfer? If this was covered elsewhere sorry, I did read through a bunch of other threads first.

Jim_Harman

If you are happy with the Investment Performance Report numbers, you can use the Avg. Annual Return (%) columns in the Portfolio views. These should be the same as the IPR numbers if the same date range, accounts, and securities are selected.

The returns are annualized in both the Portfolio view Avg. Annual Return columns and the IPR, so if you have moved securities between accounts during the year, you must include both the new and the old accounts and look at the Overall Total numbers.