XL Fleet is a provider of fleet electrification solutions for commercial vehicles in North America, providing its systems for vehicle electrification (its Power Drive business) and through its energy efficiency and infrastructure solutions business, including charging stations to enable customers to plug in their electrified vehicles (its XL Grid business). Co.'s XL Grid energy efficiency and infrastructure services business is primarily project driven where it identifies efficiency measures and infrastructure enhancements that commercial and municipal customers can implement to improve efficiency and expand capacity for fleet electrification. The XL average annual return since 2019 is shown above.
The Average Annual Return on the XL average annual return since 2019 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 XL average annual return since 2019 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 XL average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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