Rate of Return (CAGR) Calculator

Find the annualised return (CAGR) of an investment given its starting value, ending value and the number of years held.

CAGR0%
Total return0%
Total gain$0

What CAGR tells you

The compound annual growth rate is the smoothed annual rate at which an investment would have grown if it compounded at a steady pace. It is the fairest single number for comparing investments held over different periods, because it strips out the noise of year-to-year volatility.

CAGR = (Ending value / Beginning value)1/years − 1. A high total return over many years can still be a mediocre CAGR — always annualise before comparing.

For how return and price interact, see risk vs return explained.