Consolidated Returns as of 30 April 2025
Managing the Zefiro SCF Zefiro Portfolio with a yearly rebalancing, you would have obtained a 7.11% compound annual return in the last 30 Years.
With a quarterly rebalancing, over the same period, the return would have been 6.90%.
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 Apr 30, 2025
Implementing different rebalancing strategies, the Zefiro SCF Zefiro Portfolio guaranteed the following returns.
Portfolio returns are calculated in USD, assuming:
- No fees or capital gain taxes
- the reinvestment of dividends, if existing
| Return (%) and number of rebalances as of Apr 30, 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Rebalancing Strategy | 1Y | 5Y | 10Y | 30Y |
MAX (~40Y) |
|||||
| No Rebalancing | 10.80 | (0) | 6.87 | (0) | 6.41 | (0) | 7.11 | (0) | 8.15 | (0) |
| Yearly Rebalancing | 11.31 | (1) | 6.51 | (5) | 4.88 | (10) | 6.91 | (30) | 7.98 | (41) |
| Half Yearly Rebalancing | 10.99 | (2) | 6.67 | (10) | 5.05 | (20) | 6.90 | (60) | 7.98 | (81) |
| Quarterly Rebalancing | 10.96 | (4) | 6.80 | (20) | 5.10 | (40) | 6.84 | (120) | 8.00 | (162) |
| 5% Tolerance per asset | 11.55 | (1) | 7.16 | (4) | 5.39 | (7) | 7.16 | (23) | 8.29 | (28) |
| 10% Tolerance per asset | 11.76 | (0) | 6.50 | (1) | 5.23 | (2) | 7.03 | (7) | 8.19 | (8) |
In order to have complete information about the portfolio, please refer to the Zefiro SCF Zefiro Portfolio: ETF allocation and returns page.
Performances as of Apr 30, 2025
Historical returns and stats of Zefiro SCF Zefiro Portfolio, after implementing different rebalancing strategies.
|
Standard Deviation
|
Max Drawdown (%)
|
|||||
|---|---|---|---|---|---|---|
| Rebalancing Strategy | Return % | Std Dev(%) | Ret. / Std Dev | MaxDD(%) | Ret. / MaxDD | |
| No Rebalancing | 8.15 | (0) | 7.95 | 1.02 | -27.15 | 0.30 |
| Yearly Rebalancing | 7.98 | (41) | 7.19 | 1.11 | -20.61 | 0.39 |
| Half Yearly Rebalancing | 7.98 | (81) | 7.15 | 1.12 | -18.72 | 0.43 |
| Quarterly Rebalancing | 8.00 | (162) | 7.18 | 1.11 | -20.40 | 0.39 |
| 5% Tolerance per asset | 8.29 | (28) | 7.17 | 1.16 | -20.20 | 0.41 |
| 10% Tolerance per asset | 8.19 | (8) | 7.48 | 1.09 | -21.66 | 0.38 |
Drawdowns as of Apr 30, 2025
Historical Drawdowns of Zefiro SCF Zefiro Portfolio, after implementing different rebalancing strategies.
|
Rebalancing
|
Tolerance per asset
|
||||
|---|---|---|---|---|---|
| No Rebalancing | Yearly | Half Yearly | Quarterly | 5% | 10% |
|
-27.15
Jul 2008 - Apr 2011
|
-20.61
Jul 2008 - Aug 2010
|
-18.72
Jul 2008 - Apr 2010
|
-20.40
Jul 2008 - Aug 2010
|
-20.20
Jul 2008 - Aug 2010
|
-21.66
Jul 2008 - Sep 2010
|
|
-22.16
Jan 2022 - Jun 2024
|
-15.09
Apr 2022 - Jul 2024
|
-14.87
Apr 2022 - Jul 2024
|
-15.48
Apr 2022 - Jul 2024
|
-15.31
Apr 2022 - Jul 2024
|
-15.75
Apr 2022 - Mar 2024
|
|
-9.45
Sep 2000 - Feb 2003
|
-11.32
Sep 2014 - Aug 2017
|
-11.46
Sep 2014 - Aug 2017
|
-12.08
Sep 2014 - Oct 2017
|
-11.61
Sep 2014 - Aug 2017
|
-9.58
Sep 2014 - Jul 2016
|
|
-7.51
Feb 1994 - Apr 1995
|
-7.24
Oct 2012 - Apr 2014
|
-7.29
Oct 2012 - May 2014
|
-7.55
Oct 2012 - May 2014
|
-6.88
Feb 1994 - Apr 1995
|
-7.36
Feb 1994 - Apr 1995
|
|
-7.47
Feb 2020 - May 2020
|
-6.78
Feb 1994 - Apr 1995
|
-6.59
Feb 1994 - Apr 1995
|
-6.69
Feb 1994 - Apr 1995
|
-6.64
May 2013 - Apr 2014
|
-6.68
Oct 2012 - May 2014
|
| 5 Worst Drawdowns - Average | |||||
| -14.75 | -12.21 | -11.79 | -12.44 | -12.13 | -12.21 |
| 10 Worst Drawdowns - Average | |||||
| -10.42 | -8.84 | -8.60 | -8.90 | -8.65 | -9.02 |
For a deeper insight, please refer to the Zefiro SCF Zefiro Portfolio: ETF allocation and returns page.
