The listing day is typically one or more times once the fund inception date. Therefore, NAV is used to estimate market returns prior to the listing date. Market price returns are dependent upon the midpoint of the bid/talk to spread at four:00 p.m. ET (when NAV is Generally determined https://financefeeds.com/quicknode-partners-with-fuse-to-launch-the-industrys-first-layer-2-for-businesses-powered-by-polygon-cdk/