Hi everyone.
Simple or silly question, your call.
Suppose, as at the present moment, that SPY is up roughly 11% this year, and QQQ is up 22%.
Suppose also that I'm up 15% and that I only trade/invest in Naz100 stocks.
Am I over- or underperforming?
other than returns, you can use other risk-adjusted metrics
then compare that of QQQ
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or one can compare those metrics to the average of all traders in one's trading team as benchmark