Invesco Nasdaq 100 Index R6 (IVNQX)
IVNQX Annualized 3 Year Total Returns (Daily)
Annualized 3 Year Total Returns (Daily) Chart
Historical Annualized 3 Year Total Returns (Daily) Data
Annualized Total Returns Definition
Annualized Total returns are period returns re-scaled to show the compound annual growth rate of the security. This allows investors to compare returns of different assets that they have owned for different lengths of time. It also gives the investor an idea of the returns that they would have returned per year if they had been invested in the security during the time frame of the annualized metric.