Note: This article is part of Morningstar's January 2015 5-Point Retirement Portfolio Checkup special report. Anyone who's ever gotten lost while traveling in an unfamiliar city or foreign country ...

Measuring portfolio performance involves monitoring and analyzing returns, allocation, risk, and other elements. There are several metrics that an investor may choose from to gauge the progress of ...

Performance measures must align with portfolio use and features. Avoid Sharpe and similar ratios due to flaws; consider alternatives like trimmed alpha, median returns, and value at risk. CAGR is ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

Note: This article is part of Morningstar’s Guide to Saving for Retirement. An earlier version appeared on Jan. 28, 2015. Anyone who's ever gotten lost while traveling in an unfamiliar city or foreign ...