| group | funds | deployed |
fund value | XIRR (no idle) |
idle @% |
XIRR (with idle) |
|
|
|
|
|
|
|
Two XIRRs. No idle = return on the cash that actually got into funds (the
strategy's stock-picking + dip-timing edge). With idle = the honest return on
everything you earmarked: only ~20–40% gets deployed, so the rest sits in the waiting pool earning the
idle yield. The blended figure is what your whole wallet
actually compounds at — almost always far below the no-idle headline, because idle drag dominates.