Fulvio Marchese In Saecula Saeculorum Portfolio: Rebalancing Strategy

Data Source: from January 1871 to January 2024
Consolidated Returns as of 31 January 2024

Managing the Fulvio Marchese In Saecula Saeculorum Portfolio with a yearly rebalancing, you would have obtained a 7.58% compound annual return in the last 30 Years.

With a quarterly rebalancing, over the same period, the return would have been 7.57%.

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 Jan 31, 2024

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

According to the available data source, we assume we built the portfolio on January 1871.

Portfolio returns are calculated in USD, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends, if existing
FULVIO MARCHESE IN SAECULA SAECULORUM PORTFOLIO RETURNS
Period: January 1871 - January 2024
Annualized Returns
Swipe left to see all data
Return (%) and number of rebalances as of Jan 31, 2024
Rebalancing Strategy 1Y 5Y 10Y 30Y MAX
(~153Y)
Yearly Rebalancing 10.13 (1) 7.60 (5) 6.75 (10) 7.58 (30) 6.96 (154)
Half Yearly Rebalancing 9.97 (2) 7.61 (10) 6.80 (20) 7.45 (60) 6.95 (307)
Quarterly Rebalancing 9.93 (4) 7.76 (20) 6.90 (40) 7.57 (120) 6.96 (613)
5% Tolerance per asset 10.39 (0) 7.84 (3) 6.97 (5) 7.64 (21) 7.01 (100)
10% Tolerance per asset 10.39 (0) 7.79 (1) 7.02 (2) 7.87 (8) 7.22 (37)

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

Performances as of Jan 31, 2024

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

FULVIO MARCHESE IN SAECULA SAECULORUM PORTFOLIO PERFORMANCES
Period: January 1871 - January 2024
Swipe left to see all data
Standard Deviation
Max Drawdown (%)
Rebalancing Strategy Return % Std Dev(%) Ret. / Std Dev MaxDD(%) Ret. / MaxDD
Yearly Rebalancing 6.96 (154) 8.08 0.86 -50.22 0.14
Half Yearly Rebalancing 6.95 (307) 8.19 0.85 -49.97 0.14
Quarterly Rebalancing 6.96 (613) 8.24 0.84 -50.49 0.14
5% Tolerance per asset 7.01 (100) 8.28 0.85 -51.78 0.14
10% Tolerance per asset 7.22 (37) 8.44 0.86 -48.96 0.15
(*) Since Jan 1871 (~153 yrs) | Annualized Returns (and number of rebalances)

Drawdowns as of Jan 31, 2024

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

FULVIO MARCHESE IN SAECULA SAECULORUM PORTFOLIO DRAWDOWNS
Period: January 1871 - January 2024
Swipe left to see all data
Rebalancing
Tolerance per asset
Yearly Half Yearly Quarterly 5% 10%
-50.22
Sep 1929 - Nov 1935
-49.97
Sep 1929 - Aug 1935
-50.49
Sep 1929 - Jun 1935
-51.78
Sep 1929 - Aug 1935
-48.96
Sep 1929 - Jan 1934
-24.35
Mar 1937 - Jan 1943
-24.85
Mar 1937 - Dec 1942
-25.18
Mar 1937 - Jul 1941
-24.51
Mar 1937 - Dec 1942
-25.07
Mar 1937 - Jul 1941
-20.39
Nov 2007 - Nov 2009
-21.32
Nov 2007 - Nov 2009
-21.77
Nov 2007 - Nov 2009
-21.38
Nov 2007 - Nov 2009
-20.01
Nov 2007 - Nov 2009
-18.89
Jan 2022 - In progress
-18.87
Jan 2022 - In progress
-18.92
Jan 2022 - In progress
-19.28
Jan 2022 - In progress
-19.28
Jan 2022 - In progress
-17.26
Mar 1974 - Apr 1975
-18.30
Mar 1974 - May 1975
-17.81
Mar 1974 - May 1975
-18.31
Mar 1974 - May 1975
-16.70
Mar 1974 - Apr 1975
5 Worst Drawdowns - Average
-26.22 -26.66 -26.83 -27.05 -26.00
10 Worst Drawdowns - Average
-20.22 -20.41 -20.56 -20.53 -20.25

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