Fulvio Marchese In Saecula Saeculorum European ETF Portfolio: Rebalancing Strategy

Data Source: from August 1953 to May 2024
Consolidated Returns as of 31 May 2024

Managing the Fulvio Marchese In Saecula Saeculorum European ETF Portfolio with a yearly rebalancing, you would have obtained a 8.22% compound annual return in the last 30 Years.

With a quarterly rebalancing, over the same period, the return would have been 8.19%.

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 May 31, 2024

Implementing different rebalancing strategies, the Fulvio Marchese In Saecula Saeculorum European ETF Portfolio guaranteed the following returns.

According to the available data source, we assume we built the portfolio on August 1953.

Portfolio returns are calculated in EUR, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends, if existing
  • the adjustment for actual currency exchange rates (simulation derived from original US returns)
FULVIO MARCHESE IN SAECULA SAECULORUM EUROPEAN ETF PORTFOLIO RETURNS
Period: August 1953 - May 2024
Annualized Returns
Swipe left to see all data
Return (%) and number of rebalances as of May 31, 2024
Rebalancing Strategy 1Y 5Y 10Y 30Y MAX
(~71Y)
Yearly Rebalancing 12.37 (1) 8.80 (5) 9.33 (10) 8.22 (30) 8.89 (71)
Half Yearly Rebalancing 12.20 (2) 8.80 (10) 9.37 (20) 8.08 (60) 8.81 (141)
Quarterly Rebalancing 12.15 (4) 8.86 (20) 9.44 (40) 8.19 (120) 8.79 (283)
5% Tolerance per asset 12.49 (1) 8.67 (2) 9.35 (4) 8.22 (20) 8.82 (42)
10% Tolerance per asset 13.07 (0) 9.08 (1) 9.61 (2) 8.53 (8) 9.10 (17)

In order to have complete information about the portfolio, please refer to the Fulvio Marchese In Saecula Saeculorum European ETF Portfolio: ETF allocation and returns page.

Performances as of May 31, 2024

Historical returns and stats of Fulvio Marchese In Saecula Saeculorum European ETF Portfolio, after implementing different rebalancing strategies.

FULVIO MARCHESE IN SAECULA SAECULORUM EUROPEAN ETF PORTFOLIO PERFORMANCES
Period: August 1953 - May 2024
Swipe left to see all data
Standard Deviation
Max Drawdown (%)
Rebalancing Strategy Return % Std Dev(%) Ret. / Std Dev MaxDD(%) Ret. / MaxDD
Yearly Rebalancing 8.89 (71) 10.46 0.85 -26.33 0.34
Half Yearly Rebalancing 8.81 (141) 10.41 0.85 -27.17 0.32
Quarterly Rebalancing 8.79 (283) 10.42 0.84 -26.10 0.34
5% Tolerance per asset 8.82 (42) 10.48 0.84 -26.20 0.34
10% Tolerance per asset 9.10 (17) 10.61 0.86 -25.86 0.35
(*) Since Aug 1953 (~71 yrs) | Annualized Returns (and number of rebalances)

Drawdowns as of May 31, 2024

Historical Drawdowns of Fulvio Marchese In Saecula Saeculorum European ETF Portfolio, after implementing different rebalancing strategies.

FULVIO MARCHESE IN SAECULA SAECULORUM EUROPEAN ETF PORTFOLIO DRAWDOWNS
Period: August 1953 - May 2024
Swipe left to see all data
Rebalancing
Tolerance per asset
Yearly Half Yearly Quarterly 5% 10%
-26.33
Nov 2000 - Feb 2010
-27.17
Nov 2000 - Mar 2010
-26.10
Nov 2000 - Mar 2010
-26.20
Nov 2000 - Feb 2010
-25.86
Nov 2000 - Feb 2010
-25.68
Mar 1985 - Mar 1989
-24.74
Mar 1985 - Jan 1989
-24.50
Sep 1989 - May 1991
-25.13
Mar 1985 - Mar 1989
-25.10
Sep 1989 - May 1991
-24.89
Sep 1989 - May 1991
-24.61
Sep 1989 - May 1991
-24.05
Mar 1985 - Jan 1989
-24.86
Sep 1989 - May 1991
-24.76
Mar 1985 - Mar 1989
-19.96
Jan 1973 - Jun 1975
-20.56
Feb 1974 - Jun 1975
-20.98
Jan 1973 - Jun 1975
-21.47
Jan 1973 - Jun 1975
-19.04
Feb 1974 - Jun 1975
-15.03
Dec 1968 - Dec 1970
-15.56
Jan 1973 - Jan 1974
-15.32
Dec 1968 - Dec 1970
-15.17
Dec 1968 - Dec 1970
-14.64
Dec 1968 - Dec 1970
5 Worst Drawdowns - Average
-22.38 -22.53 -22.19 -22.57 -21.88
10 Worst Drawdowns - Average
-16.87 -17.49 -16.73 -17.14 -17.19

For a deeper insight, please refer to the Fulvio Marchese In Saecula Saeculorum European ETF Portfolio: ETF allocation and returns page.