diff --git a/crates/ruff_dev/src/format_dev.rs b/crates/ruff_dev/src/format_dev.rs
index d4bf4157be..566efb8290 100644
--- a/crates/ruff_dev/src/format_dev.rs
+++ b/crates/ruff_dev/src/format_dev.rs
@@ -48,16 +48,27 @@ fn ruff_check_paths(dirs: &[PathBuf]) -> anyhow::Result<Vec<Result<DirEntry, ign
     Ok(paths)
 }
 
-/// Collects statistics over the formatted files, currently only computes the Jaccard index
+/// Collects statistics over the formatted files to compute the Jaccard index or the similarity
+/// index.
+///
+/// If we define `B` as the black formatted input and `R` as the ruff formatted output, then
+/// * `B∩R`: Unchanged lines, neutral in the diff
+/// * `B\R`: Black only lines, minus in the diff
+/// * `R\B`: Ruff only lines, plus in the diff
 ///
 /// The [Jaccard index](https://en.wikipedia.org/wiki/Jaccard_index) can be defined as
 /// ```text
-/// J(A, B) = |A∩B| / (|A\B| + |B\A| + |A∩B|)
+/// J(B, R) = |B∩R| / (|B\R| + |R\B| + |B∩R|)
 /// ```
-/// where in our case `A` is the black formatted input, `B` is the ruff formatted output and the
-/// intersection are the lines in the diff that didn't change. We don't just track intersection and
-/// union so we can make statistics about size changes. If the input is not black formatted, this
-/// only becomes a measure for the changes made to the codebase during the initial formatting.
+/// which you can read as number unchanged lines in the diff divided by all lines in the diff. If
+/// the input is not black formatted, this only becomes a measure for the changes made to the
+/// codebase during the initial formatting.
+///
+/// Another measure is the similarity index, the percentage of unchanged lines. We compute it as
+/// ```text
+/// Sim(B, R) = |B∩R| / (|B\R| + |B∩R|)
+/// ```
+/// which you can alternatively read as all lines in the input
 #[derive(Default, Debug, Copy, Clone)]
 pub(crate) struct Statistics {
     /// The size of `A\B`, the number of lines only in the input, which we assume to be black
@@ -92,10 +103,16 @@ impl Statistics {
         }
     }
 
-    #[allow(clippy::cast_precision_loss)]
+    /// We currently prefer the the similarity index, but i'd like to keep this around
+    #[allow(clippy::cast_precision_loss, unused)]
     pub(crate) fn jaccard_index(&self) -> f32 {
         self.intersection as f32 / (self.black_input + self.ruff_output + self.intersection) as f32
     }
+
+    #[allow(clippy::cast_precision_loss)]
+    pub(crate) fn similarity_index(&self) -> f32 {
+        self.intersection as f32 / (self.black_input + self.intersection) as f32
+    }
 }
 
 impl Add<Statistics> for Statistics {
@@ -171,10 +188,10 @@ pub(crate) fn main(args: &Args) -> anyhow::Result<ExitCode> {
         {
             print!("{}", result.display(args.format));
             println!(
-                "Found {} stability errors in {} files (jaccard index {:.3}) in {:.2}s",
+                "Found {} stability errors in {} files (similarity index {:.3}) in {:.2}s",
                 error_count,
                 result.file_count,
-                result.statistics.jaccard_index(),
+                result.statistics.similarity_index(),
                 result.duration.as_secs_f32(),
             );
         }
@@ -253,10 +270,10 @@ fn format_dev_multi_project(args: &Args) -> bool {
                         total_files += result.file_count;
 
                         bar.println(format!(
-                            "Finished {} with {} files (jaccard index {:.3}) in {:.2}s",
+                            "Finished {} with {} files (similarity index {:.3}) in {:.2}s",
                             path.display(),
                             result.file_count,
-                            result.statistics.jaccard_index(),
+                            result.statistics.similarity_index(),
                             result.duration.as_secs_f32(),
                         ));
                         bar.println(result.display(args.format).to_string().trim_end());
diff --git a/crates/ruff_python_formatter/README.md b/crates/ruff_python_formatter/README.md
index ab7c451e2c..9c2d918e19 100644
--- a/crates/ruff_python_formatter/README.md
+++ b/crates/ruff_python_formatter/README.md
@@ -249,11 +249,11 @@ It's possible to format an entire project:
 cargo run --bin ruff_dev -- format-dev --write my_project
 ```
 
-This will format all files that `ruff check` would lint and computes the
-[Jaccard index](https://en.wikipedia.org/wiki/Jaccard_index), a measure for how close the original
-and formatted versions are. The Jaccard index is 1 if there were no changes at all, while 0 means
-every line was changed. If you run this on a black formatted projects, this tells you how similar
-the ruff formatter is to black for the given project, with our goal being as close to 1 as possible.
+This will format all files that `ruff check` would lint and computes the similarity index, the
+fraction of changed lines. The similarity index is 1 if there were no changes at all, while 0 means
+we changed every single line. If you run this on a black formatted projects, this tells you how
+similar the ruff formatter is to black for the given project, with our goal being as close to 1 as
+possible.
 
 There are three common problems with the formatter: The second formatting pass looks different than
 the first (formatter instability or lack of idempotency), we print invalid syntax (e.g. missing