Since inception, it's had 17.9% annualized returns with half the volatility of stocks.

自基金成立以来的年化回报率为17.9%，而波动率仅为股市的一半。

youdao

JPMorgan Chase's index tracking 22 emerging market currencies has returned 7.9% a year over the past decade, with a tiny annualized volatility of 6.6%.

FORBES: Russian Roulette Investing

Plug in the 21% annualized volatility that stocks have exhibited since 1926 and an assumption that prices drift neither up nor down over time.

FORBES: Investing

At the same time implied (annualized) volatility, reflecting the oil market's expectations about price fluctuations, is running around 45%, 15 points above normal levels.

FORBES: Magazine Article