/

Time-Weighted Rate of Return (TWRR)

Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

More terms

Fundamentals

The data or information that is likely to impact a company's stock price.

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

S&P 500

Find out what is the definition of the S&P 500 index.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.

Rate of Return

Profit on an investment, expressed as a percentage of the investment.

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.