Volatility measures the riskiness of the fund and is the standard deviation of monthly returns. The higher the volatility, the greater the likely fluctuations in the value of the fund. Annualizing converts the return to a 12 monthly rate.
Volatility measures the riskiness of the fund and is the standard deviation of monthly returns. The higher the volatility, the greater the likely fluctuations in the value of the fund. Annualizing converts the return to a 12 monthly rate.