Portseido logo Portseido logo Pricing

Money-Weighted Return Calculator

Calculate your investment return using Money-Weighted Return (MWR)

Initial Value


Cash Movements

Cash Flows:
Cash Flows:

Final Value


Money-Weighted Return Result


Annualized 62.90%

Want to track all your investments and measure performance?

Try Portseido for free, no credit card required.

What is Money-Weighted Return (MWR)?

Money-weighted return or Dollar-Weighted Return, often referred to as MWR, is a performance measurement that considers all cash flows entering and exiting a portfolio. Unlike other methods of calculating returns, such as simple return or time-weighted return, MWR provides a comprehensive assessment of portfolio performance by taking into account both the size and timing of all cash flows within the portfolio, hence reflecting the true performance of your portfolio. MWR is sometimes referred to as Internal Rate Of Return (IRR) too.

Money-Weighted Return Formula

Money-Weighted Return is calculated by solving for a rate of return that equates the current portfolio value to the net present value or discounted value of all future cash flows. The equation reads

Money-weighted return formula

How to use Money-Weighted Return Calculator?

1. Initial Value Inputs

First step is to input your start date and initial investment value. This is the date and the amount when you started investing.

2. Cash Movements

Since money-weighted return calculation only uses these cash flows to estimate the value of internal rate of return, next is to input all your cash deposits and withdrawals into the investments.

To input a deposit, you just have to input the Cash Flows amount as positive number. On the other hand, if it's a withdrawal, just input the negative number.

3. Final Value

The Final Value section includes the final date and the final value of the investment. This can be your current investment value and today date.

Other related tools:

Tracking your investment performance with Portseido

Know your true performance now