smallcase currently displays a default return metric based on the age of the smallcase across the app, website, and manager microsites. We are simplifying how these default returns are shown to investors by updating which metric is displayed by default, along with improving the underlying calculations used to compute these return metrics.


These changes are being made to better align the default return display logic with industry standards, ensuring that end investors have access to more accurate and meaningful return information - helping them make better informed investment decisions.


The below table illustrates the old vs new implementation. 


Age of smallcase

Old implementation

New implementation

<1 Yr

Returns Since Inception

Returns Since Inception

1-3 Yr

1 Yr CAGR

1 Yr Absolute

3+ Yrs

3 Yr CAGR (since inception)

3 Yr CAGR (last 3 years)

5+ Yrs

3 Yr CAGR (since inception)

5 Yr CAGR (last 5 years)


Please refer to the below screenshot for how the default returns shown on manager microsites. 


  1. smallcase is less than 1 yr old

  1. smallcase is between 1 to 3 yrs old

  1. smallcase is between 3 to 5 yrs old


  1. smallcase is more than 5 yrs old