For example, an investor can compare two portfolios with the same average monthly return of 5.0 %, but with different standard deviations. (amgfunds.com)
The fund had the highest average monthly return relative to peers in months when equities sold off. (pimco.com)
Using Top 1 generates a slightly lower average monthly return and a slightly higher standard deviation of monthly returns. (cxoadvisory.com)