The app shows your net return for the period you select, calculated using the IRR method (Internal Rate of Return). The IRR takes into account your returns, costs, the dates of your deposits, and the dates of your withdrawals. This gives you an accurate picture of your actual profit or loss during that period.
Example: If you select a one-month period in the app and it shows a return of 0.75%, this means you achieved a 0.75% return on the money you had invested during that month. The calculation considers the value of your investments at the start and end of the month, as well as your deposits and withdrawals.
Comparing returns with savings rates
Savings rates are always shown as annual percentages. If you want to compare your return with your savings account interest rate, select a one-year period in the app.
If you view your net return over a shorter or longer period, you cannot directly compare it to a savings rate. However, if you want an indication of what your IRR would mean on an annualized basis, you can calculate it with the following formula:
Annualized return = (1 + IRR)^(12 / number of months) – 1
For example, using the one-month example above:
(1 + 0.0075)^(12 / 1) – 1 = 0.094 ≈ 9.4%
Important: This is only an indication. Returns over short periods can fluctuate significantly and are not a reliable predictor of long-term results.
Verify the calculation yourself
Want to double-check the return shown in the app? Use the XIRR formula in a spreadsheet program like Excel or Google Sheets. We provide a sample file for reference.