R-Squared - In the context of mutual funds, a statistical measure that represents the percentage of a fund"s movements that are explained by movements in a benchmark index. For fixed-income funds the benchmark is the T-bill, and for equity funds the benchmark is the S&P 500.
R-Squared : in the context of mutual funds, a statistical measure that represents the percentage of a fund"s movements that are explained by movements in a benchmark index. for fixed-income funds the benchmark is the t-bill, and for equity funds the benchmark is the s&p 500.