What do the various Strategy Builder performance metrics mean?

Annualized rate of return. ROI reflects discounting for loans which are are late/defaulted. The loss values can be changed under "Results". Learn more about our ROI calculation formula here. 

Dollar-weighted interest rate. 

Annualized loss rate. This value can exceed 100% because it is annualized. 

The number of issued loans matching your specified filter/strategy criteria. 

Percent of loans that have completed (status of fully paid or completed) that have prepaid. A loan does not need to exceed the term of the loan for prepayment consideration. Defaulted loans are never considered prepaid. 

Average age is the mean number of months elapsed from loan issue date. 

Percent of loans that have reached their full term. For example, a 36 month loan will be considered completed after 36 months, regardless of default or prepayment. 

Whole loans are typically available to institutional investors who want to purchase the entire loan. This is the average number of loans released each day matching your filter/strategy criteria over the last 8 weeks. 

Fractional loans are typically available to individual investors who want to spread their investment over many individual loans. This is the average number of loans released each day matching your filter/strategy criteria over the last 8 weeks.