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The following are the returns of a bond portfolio and the returns of a relevant benchmark index for the past 5 years: Year Port. Return
The following are the returns of a bond portfolio and the returns of a relevant benchmark index for the past 5 years:
Year | Port. Return (%) | Bench. Return (%) |
1 | 8.39 | 9.46 |
2 | 5.54 | 4.78 |
3 | 1.57 | 2.34 |
4 | 6.27 | 7.93 |
5 | 4.39 | 3.69 |
What is the tracking risk of this portfolio based on these 5 years? Enter answer in percents.
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