Jensen Performance Index
Platinum and Lifetime members know how much I've been advocating Jensen's Alpha or Jensen Performance Index as a way to measure portfolio performance. Here is a useful link to additional information on the Jensen.
The Jensen Alpha for the Schrodinger is 2.61 (Yahoo adj prices updated today).
The Investopedia posting referenced above shows the Fidelity Large Cap Growth (FSLGX) to have a 3-yr Alpha of 7.19.
Does that mean the FSLGX is a much better investment?
It appears as if FSLGX was purchased by another company. Neither Yahoo or Portfolio Visualizer recognized the ticker so I am unable to compare performance with VTI, the ETF I generally use as a reference.