Net growth index.

When comparing the performance of funds, we must see clearly whether they rank in the same graded fund. Different types of funds have different investment strategies and risk control strategies, and the corresponding expected returns are also quite different. Therefore, when looking at the performance ranking, it is especially necessary to compare the rankings of the same type of funds, otherwise this ranking will not have much reference value.

In addition, for some industry theme funds, we can also compare them vertically to see which fund managers have stronger personal excess alpha ability.