Money Weighted Return
Your actual dollar return with cash flow timing
Cash Flow Timeline
Add cash flows to calculate MWR
Deposits, withdrawals, and final value
Cash Flow Signs
Analysis
You had good timing! Added money before gains or withdrew before losses.
Your timing was neutral. Cash flows didn't significantly impact returns.
Unlucky timing. Added before drops or withdrew before rallies. Investments were better than your experience.
MWR FAQ
Real example of MWR vs TWR
Start $10K, grows to $15K (+50%). Add $50K. Drops to $52K. TWR: +50% × -20% = +20%. MWR: -7% because most money was in during the drop.
Why is MWR also called IRR?
Internal Rate of Return (IRR) is the finance term. MWR is the same calculation applied to investment portfolios. Identical math.
How accurate is the calculation?
Uses Newton-Raphson iteration to find IRR. Accurate to 0.01%. May take multiple iterations for complex cash flow patterns.
What if I DCA weekly?
Enter each deposit as a separate cash flow. More data points = more accurate MWR. Or aggregate by month for simplicity.
Include staking rewards?
If you withdrew rewards: yes, as positive cash flows. If reinvested: no, they're part of the ending value.
Negative MWR with positive gains?
Possible if you withdrew profits early, then the remaining amount grew less. The cash you took out stopped compounding.
No comments yet. Be the first to share your thoughts!