📈 Improved pie performance metrics (MWRR & more)

📰 What's new
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We’ve made improvements to how you view the performance of your pies!

Starting today we’ll be gradually rolling out the changes to more and more users. Within a week the update will be available to all users.

What’s new?

Under the total value of your pie, you will now find 2 key metrics:

  1. Total Return - giving you a complete picture of your investment performance, which includes both realised profits from sold shares and dividend income, along with your current positions’ potential profit or loss.
  2. Rate of Return - a smart metric based on a money-weighted rate of return (MWRR), which factors in the timing and size of your investments to give you a more realistic picture of your pie’s performance.

Best of all, both of these metrics are calculated for whatever time interval you select – 1D, 1W, 1M, etc.

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Why Money-Weighted Rate of Return (MWRR)?

The Money-Weighted Rate of Return gives you a more accurate picture of your actual investment performance by considering several factors:

  • When you added or withdrew money from your pie
  • The size of each cash flow
  • The timing of your investments

Basically, you’ll get a much better sense of how your investment decisions have played out over time, rather than just seeing your current potential profit loss percentage.

What if I still want to view my potential profit/loss?

Your potential profit/loss is still available in the holdings tab of your pie.

When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future results.

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Hey @George is these updates will be implemented only for those who have holdings in pies or to someone who just holds individual holdings & no pies (like me). I want these metrics to be seen in my portfolio too.

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Hey, @Usman_Nawaz :wave:

The update applies only to the Pies & AutoInvest feature. Still, we get how the metrics could be useful for the portfolio as a whole, and I’ll pass your feedback on to the team :pray:

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I really appreciate this new feature because I’ve been requesting it since 2020. Unfortunately, I don’t invest in pie, so I would be pleased to have it available for portfolios as well. Thank you for passing on this message to the team handling it.

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Hi @Usman_Nawaz, @Gilbeuh,

MWRR on the main Portfolio is in the works and is coming soon as well.

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Thanks :pray:t5: @George & @Momchil.G
As @Gilbeuh mentioned myself was waiting for this feature since I opened a T212 account back in 2020. Thanks for listening to us & shipping the feature.
I’ll keep an eye for the T212 update on the App Store.

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I didnt See the rate of Return in my pies? Andy idea?

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Hi George! Love these updates! I think I found a bug/mistake in the percentage return and Euro return within pies after the last update. Let me show you:

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I have 3 pies, however in 2 of them, “Dominique Willem” and “Passive Income”, I have shares of Visa (as an example, not financial advise). They should show a different return percentage for these Visa shares in both pies individually, because I bought the Visa shares in both pies at different moments in time (the return on Visa shares in the “Dominique Willem” pie should be way lower).

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For reference, I bought for approx. €1.350,- of Visa shares in the Dominque Willem pie, which is worth €1.434,- now. However, the pie shows a return of €214,62, which should be more like €84,- for the Visa shares (and therefore should show a way lower percentage return). This also works through in the total pie return, which shouldn’t be! The €214,- return Trading 212 shows now for the Visa return inside the Dominique Willem pie is the part of the overall return that can be attributed to my position size in this pie, however this is as explained above not correct!

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Both pies now show the overall percentage return (so the same percentage return in both pies, which is not correct, because of the difference in time when the shares were bought!). This is also not what I want to see, because this throws away the time-element as part of the performance, from my different pies. I invest the same amount of money in my own pie (Dominique Willem) and the S&P 500 pie I created (the 3rd pie I have) to compare my performance to the S&P 500.

In the current way after the update, my return percentage of the “Dominique Willem” portfolio is far higher than it should be, since the shares I bought of Visa in the “Passive Income” pie are already bought way earlier, and at way more attractive prices. Therefore, the return percentage of my “Dominique Willem” is as mentioned earlier, far overstated now.

Therefore, because of this update, the returns inside my pie for the individual stock positions, and the percentage return it shows for the overall pies are not correct anymore right now. For example: I put in both pies “Dominique Willem” and the “S&P 500 ETF” approximately €5.004,- of my own money. The returns are both approx. €400,-, however my “Dominique Willem” pie now shows a plus of €647,-, which should be more like €375,- or something.

Can you guys fix this?

I can imagine you also want to show the specific returns inside the pie on those specific orders I did inside the specific pie (instead of the overall percentage return across all pies and a wrong return amount in euro’s within the pie). When I click on Visa as an individual stock position, I want to see, and it should show, the total return across all pies. This works perfect right now! However within the pies and per specific pie, the returns are now not correct.

I can imagine this is a mistake and that you want to fix this too, so people can show their pie returns and compare it with each other, like the way I described above!

Thanks in advance for your reply.

Kind regards,
Nick

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Hi there. I like the improvements but I really miss seeing the total amount invested by pie. This helps me to control my manual deposit across all the pies.
Before this last update, I still could see the invested/deposited amount by pie when hovering over the chart. Can you please add the feature again? At the moment you only kept this view in main portfolio which is not enough.

Thanks

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I really dislike the unified performance metrics:

To better reflect tax implications, the fields Invested, Average Price, and Return now account for your activity both inside and outside pies when involving the same instrument. This means any transactions you make outside pies will impact the performance metrics of that instrument inside pies, and vice versa.

I liked it much more when pies where separate regarding the same instrument.

If it’s for tax reporting reasons it should be made optional in the settings because some Countries like mine, don’t pay capital gains tax.

It’s really confusing to see the same performance for an instrument in different pies.

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Using the mobile app and I much preferred having the line of actual investment showing so I can clearly see when the difference between he return and investment, at the moment other than holding the graph it’s so hard to see at a glance where money was put in making it look like a spike in performance. Please give us the ability to put the line back in the app.

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Can it just be an optional view and not change the current view. I feel like some of the changes replacing the current view might be unwelcome, just an option to select what graph we want to see would be better than replacing and giving us a choice of layout.

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You still have that in the holdings.

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The explanation here confuses me.

Say I have two pies A and B, both containing the same instrument.

If I buy the instrument inside pie A and after some period of time I buy the same instrument but in pie B this time, does the price bought in pie A affect the return I see inside pie B (and vise versa)?

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Hey, @Nick @HuskyDogg :wave:

Yes, this is how Pies work now as the system now accounts for your activity both inside and outside pies when involving the same instrument. This means any transactions you make outside pies will impact the performance metrics of that instrument inside all pies, and vice versa.

We have prepared an article covering all of the changes to better explain this and the rest of the changes. You can find all of the details here :point_left:

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Can the trading statements exported in Excel indicate when a stock is purchased / sold in a pie so we can export pie activity and do it externally?

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why are you showing earnings for tax when my pies are in my ISA.

Just give back the simplified view and those who want to pretend they are Warren Buffet and use all features can enable them in the settings.

So unhappy with T212 at the moment, it is becoming a pain to know things at a glance in pies.

Investment list gone, so no idea what share are doing what, unless I click in the pie, which is now more clicks to get to investments.

Why is it you can have basic and advanced views for other parts of the website, but the changes to how investments and pies are shown are forced upon us?

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Thanks for clarifying. I’m not a fan of this. Could you provide a setting to use the previous algorithm for calculating the return of each instrument in a pie?

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Calculation for pies are completely wrong on main page and inside the share amount of pie. Percentage is alao calculated from the shares (parts) which are not part of the pie. And the amount is wrongly due to this. Overview inside pie seems to be ok.

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I just put all my investments into a pie to be able to use this feature, but the Rate of return is at 0% even though the holdings are up ~50%. Does it not calculate based on history?