OppFi is a fintech platform that helps Americans gain access to credit with digital specialty finance products. Co. works with banks to facilitate short-term lending options for Americans. Co.'s primary products are provided by its OppLoans lending platform. The OppFi platform is a mobile-optimized online application where eligible applicants, at their request, are able to opt into the OppFi TurnUp Program. This program helps these applicants find affordable credit options by checking the market voluntarily on their behalf for sub-36% annual percentage yield products provided by mainstream lenders. The OPFI average annual return since 2020 is shown above.
The Average Annual Return on the OPFI average annual return since 2020 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether OPFI average annual return since 2020 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the OPFI average annual return calculation with any dividends reinvested as applicable (on ex-dates).
|