Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

Used in

Source

Topic

Tracking Error

A measure of the risk in an investment portfolio that is due to active management decisions made by the portfolio manager; indicates how closely a portfolio follows the index to which it is benchmarked; calculated as the standard deviation of difference in returns for fund or portfolio versus benchmark.

Source: NCREIF | Date: 09 September 2025 | ID: D1526 | Version: 1