Market Decile Rank

Market Decile Rank | Definition

Measure of performance over time, rated on a scale of 1-10. For example, a value of 1 indicates that a mutual fund's return was in the top 10% of funds being compared, while 3 means the return was in the top 30%.

An "objective rank" compares all funds in the same investment strategy category, whereas an "all rank" compares all funds regardless of investment strategy.

For over 1,000 additional terms and definitions please see our Investment Glossary Guide.

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