Managing the Roger Gibson Five Asset Portfolio with a yearly rebalancing, you would have obtained a 7.74% compound annual return in the last 30 Years.
With a quarterly rebalancing, over the same period, the return would have been 7.58%.
How do returns and drawdowns change, implementing different rebalancing strategies?
Rebalancing Strategies
In order to keep risk under control, you should rebalance assets quotes from time to time, so to keep them at the original percentage of the asset allocation.
At fixed time intervals:
- Yearly: Jan 1st
- Half Yearly: Jan 1st, Jul 1st
- Quarterly: Jan 1st, Apr 1st, Jul 1st, Oct 1st
Portfolio Returns as of Jun 30, 2025
Implementing different rebalancing strategies, the Roger Gibson Five Asset Portfolio guaranteed the following returns.
Portfolio returns are calculated in USD, assuming:
- No fees or capital gain taxes
- the reinvestment of dividends, if existing
| Return (%) and number of rebalances as of Jun 30, 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Rebalancing Strategy | 1Y | 5Y | 10Y | 30Y |
MAX (~41Y) |
|||||
| No Rebalancing | 12.70 | (0) | 11.11 | (0) | 8.27 | (0) | 7.74 | (0) | 8.89 | (0) |
| Yearly Rebalancing | 9.84 | (1) | 9.92 | (5) | 6.61 | (10) | 7.65 | (30) | 8.97 | (41) |
| Half Yearly Rebalancing | 9.82 | (2) | 9.98 | (10) | 6.67 | (20) | 7.58 | (60) | 8.90 | (81) |
| Quarterly Rebalancing | 10.13 | (4) | 9.86 | (20) | 6.64 | (40) | 7.55 | (120) | 8.93 | (162) |
| 5% Tolerance per asset | 10.06 | (1) | 9.71 | (2) | 6.51 | (4) | 7.67 | (19) | 9.01 | (25) |
| 10% Tolerance per asset | 10.57 | (0) | 10.72 | (2) | 7.11 | (2) | 8.01 | (8) | 9.25 | (10) |
In order to have complete information about the portfolio, please refer to the Roger Gibson Five Asset Portfolio: ETF allocation and returns page.
Performances as of Jun 30, 2025
Historical returns and stats of Roger Gibson Five Asset Portfolio, after implementing different rebalancing strategies.
|
Standard Deviation
|
Max Drawdown (%)
|
|||||
|---|---|---|---|---|---|---|
| Rebalancing Strategy | Return % | Std Dev(%) | Ret. / Std Dev | MaxDD(%) | Ret. / MaxDD | |
| No Rebalancing | 8.89 | (0) | 11.88 | 0.75 | -47.96 | 0.19 |
| Yearly Rebalancing | 8.97 | (41) | 10.58 | 0.85 | -44.75 | 0.20 |
| Half Yearly Rebalancing | 8.90 | (81) | 10.57 | 0.84 | -43.46 | 0.20 |
| Quarterly Rebalancing | 8.93 | (162) | 10.61 | 0.84 | -44.10 | 0.20 |
| 5% Tolerance per asset | 9.01 | (25) | 10.64 | 0.85 | -43.92 | 0.21 |
| 10% Tolerance per asset | 9.25 | (10) | 10.75 | 0.86 | -42.75 | 0.22 |
Drawdowns as of Jun 30, 2025
Historical Drawdowns of Roger Gibson Five Asset Portfolio, after implementing different rebalancing strategies.
|
Rebalancing
|
Tolerance per asset
|
||||
|---|---|---|---|---|---|
| No Rebalancing | Yearly | Half Yearly | Quarterly | 5% | 10% |
|
-47.96
Jun 2008 - Sep 2012
|
-44.75
Jun 2008 - Feb 2011
|
-43.46
Jun 2008 - Jan 2011
|
-44.10
Jun 2008 - Feb 2011
|
-43.92
Jun 2008 - Feb 2011
|
-42.75
Jun 2008 - Dec 2010
|
|
-23.01
Jan 2022 - Mar 2024
|
-19.30
Jan 2020 - Nov 2020
|
-19.30
Jan 2020 - Nov 2020
|
-19.30
Jan 2020 - Nov 2020
|
-19.42
Jan 2020 - Nov 2020
|
-19.37
Jan 2020 - Nov 2020
|
|
-20.52
Jan 2020 - Nov 2020
|
-16.29
Apr 2022 - Mar 2024
|
-16.15
Apr 2022 - Mar 2024
|
-16.81
Apr 2022 - Mar 2024
|
-16.84
Apr 2022 - Mar 2024
|
-16.53
May 2011 - Sep 2012
|
|
-20.00
Sep 2000 - Oct 2003
|
-15.14
May 2011 - Aug 2012
|
-15.04
May 2011 - Aug 2012
|
-14.96
May 2011 - Aug 2012
|
-15.39
May 2011 - Aug 2012
|
-16.02
Apr 2022 - Mar 2024
|
|
-14.22
Apr 1998 - Mar 1999
|
-13.25
Apr 1998 - Apr 1999
|
-13.25
Sep 2014 - Jan 2017
|
-13.78
Sep 2014 - Feb 2017
|
-13.35
Apr 1998 - Apr 1999
|
-14.17
Sep 2000 - Aug 2003
|
| 5 Worst Drawdowns - Average | |||||
| -25.14 | -21.74 | -21.44 | -21.79 | -21.78 | -21.77 |
| 10 Worst Drawdowns - Average | |||||
| -17.53 | -16.18 | -16.09 | -16.29 | -16.20 | -16.28 |
For a deeper insight, please refer to the Roger Gibson Five Asset Portfolio: ETF allocation and returns page.
