YTD Return

Definition

The year-to-date return represents the cumulative return of an investment from the beginning of the current calendar year up to the present date, capturing returns for the ongoing year.

Formula

$\text{YTD} = \left(\prod_{i=1}^{n} 1 + R_i\right)^{\frac{1}{n}} - 1$

where $R_i$ is the return for day $i$ of the current year.