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Average Cost vs Average Price

Understanding the key differences in investment terminology.

Average cost includes fees, average price does not.

Average Price

The arithmetic average of the prices you paid for your shares.

(Price1 + Price2) / 2

Average Cost

Your total expenditure (Principal + Commission) divided by the number of shares.

(Total Cost) / Total Qty

Why distinguishes matters?

For small positions, the difference between average price and average cost is negligible. However, for active traders or large institution-sized blocks, commission fees can shift your break-even point by several cents.

Our calculator defaults to calculating Average Cost because it's the more conservative and accurate metric for Tax and ROI tracking.

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