Consolidated Returns as of 30 June 2024
Managing the Larry Swedroe Larry Portfolio To EUR Bond Hedged with a yearly rebalancing, you would have obtained a 2.53% compound annual return in the last 10 Years.
With a quarterly rebalancing, over the same period, the return would have been 2.81%.
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 Jun 30, 2024
Implementing different rebalancing strategies, the Larry Swedroe Larry Portfolio To EUR Bond Hedged 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)
- 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.
| Return (%) and number of rebalances as of Jun 30, 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rebalancing Strategy | 1Y | 5Y | 10Y |
MAX (~26Y) |
||||
| Yearly Rebalancing | 5.13 | (1) | 1.94 | (5) | 2.53 | (10) | 5.12 | (26) |
| Half Yearly Rebalancing | 5.06 | (2) | 2.07 | (10) | 2.64 | (20) | 4.97 | (52) |
| Quarterly Rebalancing | 5.06 | (4) | 2.33 | (20) | 2.81 | (40) | 5.19 | (104) |
| 5% Tolerance per asset | 5.28 | (0) | 2.43 | (4) | 2.83 | (6) | 5.31 | (21) |
| 10% Tolerance per asset | 5.07 | (0) | 2.22 | (1) | 2.77 | (2) | 5.00 | (5) |
In order to have complete information about the portfolio, please refer to the Larry Swedroe Larry Portfolio To EUR Bond Hedged: ETF allocation and returns page.
Performances as of Jun 30, 2024
Historical returns and stats of Larry Swedroe Larry Portfolio To EUR Bond Hedged, after implementing different rebalancing strategies.
|
Standard Deviation
|
Max Drawdown (%)
|
|||||
|---|---|---|---|---|---|---|
| Rebalancing Strategy | Return % | Std Dev(%) | Ret. / Std Dev | MaxDD(%) | Ret. / MaxDD | |
| Yearly Rebalancing | 5.12 | (26) | 5.10 | 1.00 | -12.53 | 0.41 |
| Half Yearly Rebalancing | 4.97 | (52) | 5.07 | 0.98 | -12.49 | 0.40 |
| Quarterly Rebalancing | 5.19 | (104) | 5.11 | 1.01 | -12.41 | 0.42 |
| 5% Tolerance per asset | 5.31 | (21) | 5.12 | 1.04 | -12.52 | 0.42 |
| 10% Tolerance per asset | 5.00 | (5) | 5.28 | 0.95 | -11.24 | 0.45 |
Drawdowns as of Jun 30, 2024
Historical Drawdowns of Larry Swedroe Larry Portfolio To EUR Bond Hedged, after implementing different rebalancing strategies.
|
Rebalancing
|
Tolerance per asset
|
|||
|---|---|---|---|---|
| Yearly | Half Yearly | Quarterly | 5% | 10% |
|
-12.53
Jan 2022 - In progress
|
-12.49
Sep 2021 - In progress
|
-12.41
Sep 2021 - In progress
|
-12.52
Jan 2022 - In progress
|
-11.24
Jan 2022 - In progress
|
|
-5.86
Sep 2008 - Apr 2009
|
-7.33
Sep 2008 - Jul 2009
|
-7.44
Sep 2008 - Jul 2009
|
-7.05
Sep 2008 - Jul 2009
|
-6.09
Apr 2015 - Jul 2016
|
|
-5.32
Jan 2020 - Nov 2020
|
-5.32
Jan 2020 - Aug 2020
|
-5.32
Jan 2020 - Jun 2020
|
-5.38
Jan 2020 - Jun 2020
|
-6.09
Jan 2020 - Nov 2020
|
|
-5.27
Jul 1998 - Dec 1998
|
-5.27
Jul 1998 - Dec 1998
|
-5.27
Jul 1998 - Nov 1998
|
-5.27
Jul 1998 - Nov 1998
|
-5.99
Sep 2008 - Jul 2009
|
|
-5.18
Apr 2015 - Jul 2016
|
-5.02
Apr 2015 - Jul 2016
|
-4.75
Apr 2015 - Jul 2016
|
-4.77
Apr 2015 - Jul 2016
|
-5.58
May 2002 - Jun 2003
|
| 5 Worst Drawdowns - Average | ||||
| -6.83 | -7.09 | -7.04 | -7.00 | -7.00 |
| 10 Worst Drawdowns - Average | ||||
| -5.33 | -5.40 | -5.30 | -5.29 | -5.69 |
For a deeper insight, please refer to the Larry Swedroe Larry Portfolio To EUR Bond Hedged: ETF allocation and returns page.
