Consolidated Returns as of 31 October 2024
Managing the Marvin Appel One-Decision Portfolio with a yearly rebalancing, you would have obtained a 10.44% compound annual return in the last 30 Years.
With a quarterly rebalancing, over the same period, the return would have been 7.25%.
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 Oct 31, 2024
Implementing different rebalancing strategies, the Marvin Appel One-Decision 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 Oct 31, 2024 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Rebalancing Strategy | 1Y | 5Y | 10Y | 30Y |
MAX (~97Y) |
|||||
| No Rebalancing | 30.04 | (0) | 9.24 | (0) | 8.55 | (0) | 10.44 | (0) | 10.15 | (0) |
| Yearly Rebalancing | 21.36 | (1) | 5.76 | (5) | 5.84 | (10) | 7.34 | (30) | 7.28 | (97) |
| Half Yearly Rebalancing | 21.37 | (2) | 5.78 | (10) | 5.85 | (20) | 7.25 | (60) | 7.28 | (194) |
| Quarterly Rebalancing | 21.67 | (4) | 5.94 | (20) | 5.94 | (40) | 7.39 | (120) | 7.34 | (388) |
| 5% Tolerance per asset | 21.99 | (1) | 6.00 | (4) | 5.96 | (5) | 7.49 | (17) | 7.44 | (50) |
| 10% Tolerance per asset | 22.38 | (0) | 5.92 | (1) | 6.06 | (1) | 7.51 | (5) | 7.48 | (14) |
In order to have complete information about the portfolio, please refer to the Marvin Appel One-Decision Portfolio: ETF allocation and returns page.
Performances as of Oct 31, 2024
Historical returns and stats of Marvin Appel One-Decision Portfolio, after implementing different rebalancing strategies.
|
Standard Deviation
|
Max Drawdown (%)
|
|||||
|---|---|---|---|---|---|---|
| Rebalancing Strategy | Return % | Std Dev(%) | Ret. / Std Dev | MaxDD(%) | Ret. / MaxDD | |
| No Rebalancing | 10.15 | (0) | 14.95 | 0.68 | -53.58 | 0.19 |
| Yearly Rebalancing | 7.28 | (97) | 9.38 | 0.78 | -47.77 | 0.15 |
| Half Yearly Rebalancing | 7.28 | (194) | 9.57 | 0.76 | -47.43 | 0.15 |
| Quarterly Rebalancing | 7.34 | (388) | 9.65 | 0.76 | -47.99 | 0.15 |
| 5% Tolerance per asset | 7.44 | (50) | 9.64 | 0.77 | -48.54 | 0.15 |
| 10% Tolerance per asset | 7.48 | (14) | 9.78 | 0.77 | -48.01 | 0.16 |
Drawdowns as of Oct 31, 2024
Historical Drawdowns of Marvin Appel One-Decision Portfolio, after implementing different rebalancing strategies.
|
Rebalancing
|
Tolerance per asset
|
||||
|---|---|---|---|---|---|
| No Rebalancing | Yearly | Half Yearly | Quarterly | 5% | 10% |
|
-53.58
Jun 2007 - Apr 2011
|
-47.77
Sep 1929 - Jul 1936
|
-47.43
Sep 1929 - Dec 1935
|
-47.99
Sep 1929 - Oct 1935
|
-48.54
Sep 1929 - Jan 1936
|
-48.01
Sep 1929 - Feb 1936
|
|
-44.08
Sep 1929 - Mar 1943
|
-31.96
Jun 2007 - Oct 2010
|
-32.46
Jun 2007 - Oct 2010
|
-31.93
Jun 2007 - Sep 2010
|
-32.39
Jun 2007 - Apr 2010
|
-34.37
Jun 2007 - Feb 2011
|
|
-39.34
Dec 1972 - Jan 1976
|
-23.43
Aug 1937 - Jan 1943
|
-24.05
Aug 1937 - Jan 1943
|
-24.49
Aug 1937 - Jan 1943
|
-23.45
Aug 1937 - Feb 1943
|
-27.10
Mar 1937 - Mar 1943
|
|
-36.28
Sep 2018 - Dec 2020
|
-18.44
Dec 1972 - Jun 1975
|
-19.13
Dec 1972 - Jun 1975
|
-19.01
Dec 1972 - Jun 1975
|
-18.76
Dec 1972 - Jun 1975
|
-18.05
Dec 1972 - Jan 1976
|
|
-31.94
Dec 1968 - Jan 1972
|
-16.74
Jan 2022 - Jul 2024
|
-17.06
Jan 2022 - Jul 2024
|
-17.18
Jan 2022 - Jul 2024
|
-17.03
Jan 2022 - Jun 2024
|
-18.05
Jan 2022 - Jul 2024
|
| 5 Worst Drawdowns - Average | |||||
| -41.05 | -27.67 | -28.03 | -28.12 | -28.04 | -29.12 |
| 10 Worst Drawdowns - Average | |||||
| -33.58 | -19.26 | -19.30 | -19.35 | -19.57 | -20.44 |
For a deeper insight, please refer to the Marvin Appel One-Decision Portfolio: ETF allocation and returns page.
