3 Year Quartile

Based on the three-year return, funds are divided into four equal regions. Expressed in terms of rank (1, 2, 3 or 4), the quartile measure shows how well a fund has performed compared to all other funds in its peer group. The top 25% of funds (or quarter) are in the first quartile, the next 25% of funds are in the second, and the next group is in the third quartile. The bottom 25% of funds with the poorest performance within the peer group are in the fourth quartile.