Data Source: from January 1972 to July 2022
Consolidated Returns as of 31 July 2022

Managing the Roger Gibson Talmud Portfolio with a yearly rebalancing, you would have obtained a 8.67% compound annual return in the last 30 Years.

With a quarterly rebalancing, over the same period, the return would have been 8.69%.

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.

Rebalancing can be performed in several ways.

At fixed time intervals:
  • Yearly: Jan 1st
  • Half Yearly: Jan 1st, Jul 1st
  • Quarterly: Jan 1st, Apr 1st, Jul 1st, Oct 1st
When a component (at least one) diverges from its original weight beyond a certain threshold (e.g. 5% or 10%).

Portfolio Returns as of Jul 31, 2022

Implementing different rebalancing strategies, the Roger Gibson Talmud Portfolio guaranteed the following returns.

According to the available data source, let's assume we built the portfolio on January 1972.

Portfolio returns are calculated in USD, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends, if existing
ROGER GIBSON TALMUD PORTFOLIO RETURNS
Period: January 1972 - July 2022
Swipe left to see all data
 
Return (%) and number of rebalances as of Jul 31, 2022
Rebalancing Strategy 1Y 5Y(*) 10Y(*) 30Y(*) (**)Since
Inception
Yearly Rebalancing -6.58 (1) 7.22 (5) 7.99 (10) 8.67 (30) 9.81 (51)
Half Yearly Rebalancing -6.80 (2) 7.17 (10) 7.94 (20) 8.57 (60) 9.76 (102)
Quarterly Rebalancing -6.81 (4) 7.32 (20) 7.99 (40) 8.69 (120) 9.83 (203)
5% Tolerance per asset -7.10 (0) 7.07 (3) 7.97 (5) 8.69 (21) 9.84 (31)
10% Tolerance per asset -7.04 (0) 7.22 (1) 8.07 (1) 8.92 (7) 10.00 (10)
(*) Returns over 1 year are annualized
(**) Since Jan 1972 (~51 yrs) | Annualized Returns

In order to have complete information about the portfolio, please refer to the Roger Gibson Talmud Portfolio: ETF allocation and returns page.

Performances as of Jul 31, 2022

Historical returns and stats of Roger Gibson Talmud Portfolio, after implementing different rebalancing strategies.

ROGER GIBSON TALMUD PORTFOLIO PERFORMANCES
Period: January 1972 - July 2022
Swipe left to see all data
Standard Deviation
Max Drawdown (%)
Rebalancing Strategy (*)Return (%) StDev(%) Ret/StDev MaxDD(%) Ret/MaxDD
Yearly Rebalancing 9.81 (51) 10.31 0.95 -40.17 0.24
Half Yearly Rebalancing 9.76 (102) 10.29 0.95 -40.72 0.24
Quarterly Rebalancing 9.83 (203) 10.32 0.95 -40.54 0.24
5% Tolerance per asset 9.84 (31) 10.42 0.95 -41.24 0.24
10% Tolerance per asset 10.00 (10) 10.54 0.95 -39.89 0.25
(*) Since Jan 1972 (~51 yrs) | Annualized Returns (and number of rebalances)

Drawdowns as of Jul 31, 2022

Historical Drawdowns of Roger Gibson Talmud Portfolio, after implementing different rebalancing strategies.

ROGER GIBSON TALMUD PORTFOLIO DRAWDOWNS
Period: January 1972 - July 2022
Swipe left to see all data
Rebalancing
Tolerance per asset
Yearly Half Yearly Quarterly 5% 10%
-40.17
Jun 2007 - Oct 2010
-40.72
Jun 2007 - Oct 2010
-40.54
Jun 2007 - Oct 2010
-41.24
Jun 2007 - Oct 2010
-39.89
Jun 2007 - Oct 2010
-25.53
Dec 1972 - Jan 1976
-26.08
Dec 1972 - Jan 1976
-25.98
Dec 1972 - Jan 1976
-26.17
Dec 1972 - Jan 1976
-25.28
Dec 1972 - Jan 1976
-17.40
Jan 2022 - In progress
-17.40
Jan 2022 - In progress
-17.40
Jan 2022 - In progress
-17.71
Jan 2022 - In progress
-18.34
Jan 2022 - In progress
-15.52
Sep 1987 - Jan 1989
-15.16
Feb 2020 - Aug 2020
-15.16
Feb 2020 - Aug 2020
-15.88
Feb 2020 - Aug 2020
-15.74
Feb 2020 - Aug 2020
-15.16
Feb 2020 - Aug 2020
-14.30
Sep 1987 - Oct 1988
-13.83
Sep 1987 - Sep 1988
-14.05
Sep 1987 - Sep 1988
-15.40
Sep 1987 - Jan 1989
5 Worst Drawdowns - Average
-22.76 -22.73 -22.58 -23.01 -22.93
10 Worst Drawdowns - Average
-16.33 -16.30 -16.24 -16.49 -16.64

For a deeper insight, please refer to the Roger Gibson Talmud Portfolio: ETF allocation and returns page.

Share this page