Andrew Tobias Portfolio: Rebalancing Strategy

Data Source: from January 1970 to February 2024
Consolidated Returns as of 29 February 2024

Managing the Andrew Tobias Portfolio with a yearly rebalancing, you would have obtained a 6.49% compound annual return in the last 30 Years.

With a quarterly rebalancing, over the same period, the return would have been 6.43%.

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 Feb 29, 2024

Implementing different rebalancing strategies, the Andrew Tobias Portfolio guaranteed the following returns.

According to the available data source, we assume we built the portfolio on January 1970.

Portfolio returns are calculated in USD, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends, if existing
ANDREW TOBIAS PORTFOLIO RETURNS
Period: January 1970 - February 2024
Annualized Returns
Swipe left to see all data
Return (%) and number of rebalances as of Feb 29, 2024
Rebalancing Strategy 1Y 5Y 10Y 30Y MAX
(~54Y)
Yearly Rebalancing 15.82 (1) 7.46 (5) 5.94 (10) 6.49 (30) 8.67 (55)
Half Yearly Rebalancing 15.69 (2) 7.48 (10) 5.93 (20) 6.37 (60) 8.59 (109)
Quarterly Rebalancing 15.70 (4) 7.65 (20) 6.01 (40) 6.43 (120) 8.58 (217)
5% Tolerance per asset 16.11 (1) 7.51 (3) 5.96 (5) 6.51 (21) 8.70 (39)
10% Tolerance per asset 15.33 (0) 7.63 (1) 6.16 (2) 6.65 (8) 8.68 (11)

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

Performances as of Feb 29, 2024

Historical returns and stats of Andrew Tobias Portfolio, after implementing different rebalancing strategies.

ANDREW TOBIAS PORTFOLIO PERFORMANCES
Period: January 1970 - February 2024
Swipe left to see all data
Standard Deviation
Max Drawdown (%)
Rebalancing Strategy Return % Std Dev(%) Ret. / Std Dev MaxDD(%) Ret. / MaxDD
Yearly Rebalancing 8.67 (55) 10.42 0.83 -36.42 0.24
Half Yearly Rebalancing 8.59 (109) 10.46 0.82 -37.21 0.23
Quarterly Rebalancing 8.58 (217) 10.52 0.82 -37.81 0.23
5% Tolerance per asset 8.70 (39) 10.60 0.82 -37.51 0.23
10% Tolerance per asset 8.68 (11) 10.65 0.82 -37.42 0.23
(*) Since Jan 1970 (~54 yrs) | Annualized Returns (and number of rebalances)

Drawdowns as of Feb 29, 2024

Historical Drawdowns of Andrew Tobias Portfolio, after implementing different rebalancing strategies.

ANDREW TOBIAS PORTFOLIO DRAWDOWNS
Period: January 1970 - February 2024
Swipe left to see all data
Rebalancing
Tolerance per asset
Yearly Half Yearly Quarterly 5% 10%
-36.42
Nov 2007 - Apr 2011
-37.21
Nov 2007 - Apr 2011
-37.81
Nov 2007 - Apr 2011
-37.51
Nov 2007 - Apr 2011
-37.42
Nov 2007 - Apr 2011
-29.06
Jan 1973 - Jun 1975
-29.79
Jan 1973 - Jan 1976
-29.80
Jan 1973 - Jan 1976
-29.46
Jan 1973 - Jan 1976
-29.22
Jan 1973 - Jun 1975
-25.91
Apr 2000 - Oct 2004
-26.72
Apr 2000 - Nov 2004
-26.36
Apr 2000 - Nov 2004
-26.02
Apr 2000 - Oct 2004
-26.67
Apr 2000 - Nov 2004
-18.85
Jan 2022 - Dec 2023
-19.05
Jan 2022 - Dec 2023
-19.14
Jan 2022 - Dec 2023
-19.83
Jan 2022 - Dec 2023
-18.85
Jan 2022 - Dec 2023
-14.84
Mar 1970 - Dec 1970
-14.84
Mar 1970 - Dec 1970
-15.25
Mar 1970 - Dec 1970
-14.84
Mar 1970 - Dec 1970
-14.97
May 2011 - Dec 2012
5 Worst Drawdowns - Average
-25.02 -25.52 -25.67 -25.53 -25.43
10 Worst Drawdowns - Average
-19.01 -19.24 -19.29 -19.32 -19.50

For a deeper insight, please refer to the Andrew Tobias Portfolio: ETF allocation and returns page.