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• 09:49, 17 August 2026 WikiSysopIG talk contribs created page Active return (Created page with "'''Active return''' is the difference between the return of an investment portfolio and the return of its benchmark over a specified period. It measures whether a portfolio has outperformed or underperformed its benchmark. ==Calculation== Active return is calculated as: <math> \text{Active Return} = \text{Portfolio Return} - \text{Benchmark Return} </math> or, for period <math>t</math>: <math> A_t = R_{p,t} - R_{b,t} </math> where: * <m...")