Performance & Stability
        
        Why Is Implementation Shortfall Considered a Superior Benchmark to VWAP for Performance Tuning?
        
         
        
        
          
        
        
      
        
     
        
        Implementation Shortfall provides a superior, holistic measure of execution cost from the moment of decision, unlike VWAP's limited in-trade view.

 
  
  
  
  
 