The Annual Rate of Return is a measure of how much your investment has grown (or shrunk) over the course of a year, shown as a percentage. It tells you how much money you made or lost, on average, compared to what you originally invested. This can include things like price increases, dividends, or interest earned. It’s a helpful way to compare different investments and see how well they’re performing over time. Keep in mind that returns can go up or down each year depending on the market, so past performance doesn’t guarantee future results.