Managing the JP Morgan Balanced Portfolio with a yearly rebalancing, you would have obtained a 6.43% compound annual return in the last 30 Years.
With a quarterly rebalancing, over the same period, the return would have been 6.26%.
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.
At fixed time intervals:
- Yearly: Jan 1st
- Half Yearly: Jan 1st, Jul 1st
- Quarterly: Jan 1st, Apr 1st, Jul 1st, Oct 1st
Portfolio Returns as of Jan 31, 2026
Implementing different rebalancing strategies, the JP Morgan Balanced Portfolio guaranteed the following returns.
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)
| Return (%) and number of rebalances as of Jan 31, 2026 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Rebalancing Strategy | 1Y | 5Y | 10Y | 30Y |
MAX (~37Y) |
|||||
| No Rebalancing | 5.48 | (0) | 6.80 | (0) | 6.93 | (0) | 6.43 | (0) | 6.81 | (0) |
| Yearly Rebalancing | 1.15 | (1) | 5.60 | (5) | 5.73 | (10) | 6.43 | (30) | 6.78 | (37) |
| Half Yearly Rebalancing | 1.11 | (2) | 5.49 | (10) | 5.71 | (20) | 6.26 | (60) | 6.57 | (74) |
| Quarterly Rebalancing | 1.14 | (4) | 5.42 | (20) | 5.73 | (40) | 6.26 | (120) | 6.59 | (147) |
| 5% Tolerance per asset | 1.41 | (1) | 5.66 | (3) | 5.75 | (4) | 6.34 | (15) | 6.67 | (18) |
| 10% Tolerance per asset | 1.70 | (0) | 5.95 | (1) | 5.90 | (1) | 6.66 | (6) | 6.94 | (7) |
In order to have complete information about the portfolio, please refer to the JP Morgan Balanced Portfolio: ETF allocation and returns page.
Performances as of Jan 31, 2026
Historical returns and stats of JP Morgan Balanced Portfolio, after implementing different rebalancing strategies.
|
Standard Deviation
|
Max Drawdown (%)
|
|||||
|---|---|---|---|---|---|---|
| Rebalancing Strategy | Return % | Std Dev(%) | Ret. / Std Dev | MaxDD(%) | Ret. / MaxDD | |
| No Rebalancing | 6.81 | (0) | 10.64 | 0.64 | -31.45 | 0.22 |
| Yearly Rebalancing | 6.78 | (37) | 8.85 | 0.77 | -22.94 | 0.30 |
| Half Yearly Rebalancing | 6.57 | (74) | 8.82 | 0.74 | -23.19 | 0.28 |
| Quarterly Rebalancing | 6.59 | (147) | 8.87 | 0.74 | -24.32 | 0.27 |
| 5% Tolerance per asset | 6.67 | (18) | 8.95 | 0.75 | -24.33 | 0.27 |
| 10% Tolerance per asset | 6.94 | (7) | 9.15 | 0.76 | -24.01 | 0.29 |
Drawdowns as of Jan 31, 2026
Historical Drawdowns of JP Morgan Balanced Portfolio, after implementing different rebalancing strategies.
|
Rebalancing
|
Tolerance per asset
|
||||
|---|---|---|---|---|---|
| No Rebalancing | Yearly | Half Yearly | Quarterly | 5% | 10% |
|
-31.45
Nov 2007 - Aug 2010
|
-22.94
Nov 2007 - Mar 2010
|
-23.19
Nov 2007 - Mar 2010
|
-24.32
Nov 2007 - Mar 2010
|
-24.33
Nov 2007 - Mar 2010
|
-24.01
Nov 2007 - Mar 2010
|
|
-25.08
Sep 2000 - Jun 2005
|
-21.55
Nov 2000 - May 2005
|
-22.57
Nov 2000 - Jun 2005
|
-21.84
Nov 2000 - May 2005
|
-21.66
Nov 2000 - May 2005
|
-21.43
Sep 2000 - May 2005
|
|
-24.79
Feb 1994 - Nov 1996
|
-19.22
Feb 1994 - Apr 1996
|
-19.30
Feb 1994 - Apr 1996
|
-19.18
Feb 1994 - Apr 1996
|
-19.91
Feb 1994 - Apr 1996
|
-20.54
Feb 1994 - Apr 1996
|
|
-19.69
Aug 1997 - Apr 1999
|
-16.38
Oct 1989 - Apr 1991
|
-16.85
Oct 1989 - Apr 1991
|
-16.92
Oct 1989 - Mar 1991
|
-17.27
Oct 1989 - Mar 1991
|
-17.27
Oct 1989 - Apr 1991
|
|
-17.27
Oct 1989 - Apr 1991
|
-14.94
Apr 1998 - Mar 1999
|
-15.00
Apr 1998 - Mar 1999
|
-15.10
Apr 1998 - Mar 1999
|
-14.72
Apr 1998 - Mar 1999
|
-14.63
Apr 1998 - Mar 1999
|
| 5 Worst Drawdowns - Average | |||||
| -23.66 | -19.01 | -19.38 | -19.47 | -19.58 | -19.58 |
| 10 Worst Drawdowns - Average | |||||
| -17.87 | -14.39 | -14.52 | -14.58 | -14.70 | -14.79 |
For a deeper insight, please refer to the JP Morgan Balanced Portfolio: ETF allocation and returns page.
