Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio: Rebalancing Strategy

Data Source: from January 1950 to May 2024
Consolidated Returns as of 31 May 2024
This asset allocation page includes ETFs that are not available in our database in EUR or are not yet mapped to the specific ones. We kept the original tickers and calculated returns using historical exchange rates or, if applicable, interest rate differentials for currency hedging.

You need to choose EUR-based ETFs that follow the same benchmarks. Actual returns should be comparable, but they may vary due to differences in sampling methods, annual fees, and the exchange rates used for month-end calculations. Similar EUR ETFs (hedged or not) may not always be available.

Managing the Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio with a yearly rebalancing, you would have obtained a 7.25% compound annual return in the last 30 Years.

With a quarterly rebalancing, over the same period, the return would have been 7.23%.

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 To EUR Hedged Portfolio guaranteed the following returns.

According to the available data source, we assume we built the portfolio on January 1950.

Portfolio returns are calculated in EUR, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends, if existing
  • the currency hedging (simulation taking into account the interest rate differentials of the countries). It is also assumed that hedged instruments have an additional expense ratio of 0.25% (yearly), compared to the US original instrument.
FULVIO MARCHESE IN SAECULA SAECULORUM TO EUR HEDGED PORTFOLIO RETURNS
Period: January 1950 - 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
(~74Y)
Yearly Rebalancing 13.07 (1) 6.71 (5) 5.46 (10) 7.25 (30) 8.32 (75)
Half Yearly Rebalancing 12.91 (2) 6.72 (10) 5.51 (20) 7.12 (60) 8.23 (149)
Quarterly Rebalancing 12.83 (4) 6.83 (20) 5.60 (40) 7.23 (120) 8.21 (298)
5% Tolerance per asset 13.25 (1) 6.94 (4) 5.66 (6) 7.32 (22) 8.28 (46)
10% Tolerance per asset 14.04 (0) 7.05 (1) 5.77 (2) 7.57 (8) 8.52 (18)

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

Performances as of May 31, 2024

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

FULVIO MARCHESE IN SAECULA SAECULORUM TO EUR HEDGED PORTFOLIO PERFORMANCES
Period: January 1950 - 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 8.32 (75) 7.96 1.05 -19.73 0.42
Half Yearly Rebalancing 8.23 (149) 7.93 1.04 -19.89 0.41
Quarterly Rebalancing 8.21 (298) 7.94 1.03 -20.35 0.40
5% Tolerance per asset 8.28 (46) 8.03 1.03 -20.18 0.41
10% Tolerance per asset 8.52 (18) 8.22 1.04 -20.11 0.42
(*) Since Jan 1950 (~74 yrs) | Annualized Returns (and number of rebalances)

Drawdowns as of May 31, 2024

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

FULVIO MARCHESE IN SAECULA SAECULORUM TO EUR HEDGED PORTFOLIO DRAWDOWNS
Period: January 1950 - May 2024
Swipe left to see all data
Rebalancing
Tolerance per asset
Yearly Half Yearly Quarterly 5% 10%
-19.73
Jan 2022 - In progress
-19.89
Nov 2007 - Nov 2009
-20.35
Nov 2007 - Nov 2009
-20.18
Jun 2008 - Nov 2009
-20.11
Jan 2022 - Mar 2024
-18.94
Nov 2007 - Sep 2009
-19.71
Jan 2022 - In progress
-19.76
Jan 2022 - In progress
-20.11
Jan 2022 - In progress
-18.56
Nov 2007 - Sep 2009
-18.41
Mar 1974 - May 1975
-19.43
Mar 1974 - May 1975
-18.95
Mar 1974 - May 1975
-19.44
Mar 1974 - May 1975
-18.23
Dec 1980 - Oct 1982
-17.33
Dec 1968 - Jan 1971
-17.41
Dec 1968 - Jan 1971
-17.61
Dec 1968 - Jan 1971
-17.47
Dec 1968 - Jan 1971
-18.09
Dec 1968 - Jan 1971
-16.94
Dec 1980 - Oct 1982
-16.68
Dec 1980 - Oct 1982
-16.65
Dec 1980 - Oct 1982
-16.38
Dec 1980 - Oct 1982
-17.86
Mar 1974 - May 1975
5 Worst Drawdowns - Average
-18.27 -18.63 -18.66 -18.72 -18.57
10 Worst Drawdowns - Average
-14.62 -14.75 -14.63 -14.74 -14.92

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