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CAGR Calculator

i What this calculator does

This calculator works out the Compound Annual Growth Rate (CAGR) of any investment, the single steady annual growth rate that would take you from your starting value to your ending value over the period.

Enter your starting value, ending value, and the number of years, and the calculator returns your CAGR as a percentage, useful alongside our Kelly Criterion and other performance tools.

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CAGR Calculator
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This calculator is for educational purposes only and assumes no deposits or withdrawals during the period. Not financial advice.

โ†— Calculation Result
Calculation Breakdown
Full transparency on how this result was calculated.
Starting value, gain/loss, and ending value

Frequently asked questions

What's a good CAGR for a trading account?

This varies enormously by strategy and risk level, conservative, sustainable long-term figures are often in the low double digits annually, be genuinely skeptical of any strategy claiming to consistently produce very high CAGR, since this typically implies either unusual skill or unsustainable risk.

How is CAGR different from simply averaging annual returns?

CAGR accounts for compounding, giving the single steady annual rate that would take you from your starting value to your ending value, a simple average of yearly returns can be meaningfully misleading, especially with volatile year-to-year results.

Does CAGR account for deposits or withdrawals during the period?

No, this calculator assumes a single starting value and single ending value with no additional deposits or withdrawals in between, if you added or removed capital during the period, the resulting CAGR won't accurately reflect your true investment performance.

Can CAGR be negative?

Yes, if your ending value is lower than your starting value, the calculator will return a negative CAGR, representing the annualised rate of decline over the period.

Is CAGR the same as annualised return used in fund fact sheets?

They're calculated using the same underlying formula, CAGR is often the specific term used for calculating this figure between two known values, while 'annualised return' is a broader term sometimes calculated slightly differently depending on the data available.

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