Consolidated Returns as of 28 February 2025
Managing the Aleks Bleck Northern Finance Portfolio with a yearly rebalancing, you would have obtained a 8.45% compound annual return in the last 30 Years.
With a quarterly rebalancing, over the same period, the return would have been 8.71%.
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 Feb 28, 2025
Implementing different rebalancing strategies, the Aleks Bleck Northern Finance 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 Feb 28, 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Rebalancing Strategy | 1Y | 5Y | 10Y | 30Y |
MAX (~38Y) |
|||||
| No Rebalancing | 15.57 | (0) | 11.64 | (0) | 7.47 | (0) | 8.45 | (0) | 8.79 | (0) |
| Yearly Rebalancing | 16.07 | (1) | 11.00 | (5) | 7.63 | (10) | 8.84 | (30) | 9.13 | (38) |
| Half Yearly Rebalancing | 16.13 | (2) | 11.01 | (10) | 7.66 | (20) | 8.71 | (60) | 8.92 | (76) |
| Quarterly Rebalancing | 16.12 | (4) | 11.06 | (20) | 7.70 | (40) | 8.70 | (120) | 8.89 | (151) |
| 5% Tolerance per asset | 15.95 | (1) | 11.30 | (3) | 7.74 | (3) | 8.83 | (13) | 8.95 | (17) |
| 10% Tolerance per asset | 16.18 | (0) | 11.69 | (1) | 7.86 | (1) | 8.94 | (4) | 9.12 | (6) |
In order to have complete information about the portfolio, please refer to the Aleks Bleck Northern Finance Portfolio: ETF allocation and returns page.
Performances as of Feb 28, 2025
Historical returns and stats of Aleks Bleck Northern Finance Portfolio, after implementing different rebalancing strategies.
|
Standard Deviation
|
Max Drawdown (%)
|
|||||
|---|---|---|---|---|---|---|
| Rebalancing Strategy | Return % | Std Dev(%) | Ret. / Std Dev | MaxDD(%) | Ret. / MaxDD | |
| No Rebalancing | 8.79 | (0) | 17.58 | 0.50 | -50.08 | 0.18 |
| Yearly Rebalancing | 9.13 | (38) | 16.26 | 0.56 | -47.98 | 0.19 |
| Half Yearly Rebalancing | 8.92 | (76) | 16.25 | 0.55 | -48.21 | 0.19 |
| Quarterly Rebalancing | 8.89 | (151) | 16.24 | 0.55 | -48.24 | 0.18 |
| 5% Tolerance per asset | 8.95 | (17) | 16.18 | 0.55 | -48.28 | 0.19 |
| 10% Tolerance per asset | 9.12 | (6) | 16.28 | 0.56 | -47.60 | 0.19 |
Drawdowns as of Feb 28, 2025
Historical Drawdowns of Aleks Bleck Northern Finance Portfolio, after implementing different rebalancing strategies.
|
Rebalancing
|
Tolerance per asset
|
||||
|---|---|---|---|---|---|
| No Rebalancing | Yearly | Half Yearly | Quarterly | 5% | 10% |
|
-50.08
Nov 2007 - Sep 2012
|
-47.98
Nov 2007 - Jul 2012
|
-48.21
Nov 2007 - Jul 2012
|
-48.24
Nov 2007 - Jul 2012
|
-48.28
Nov 2007 - Jul 2012
|
-47.60
Nov 2007 - Jul 2012
|
|
-40.48
Sep 2000 - Jun 2005
|
-38.94
Sep 2000 - Jul 2005
|
-39.48
Sep 2000 - Jul 2005
|
-39.47
Sep 2000 - Jul 2005
|
-38.51
Sep 2000 - Jul 2005
|
-40.59
Sep 2000 - Jul 2005
|
|
-34.20
Sep 1987 - Jan 1989
|
-34.20
Sep 1987 - Jan 1989
|
-34.20
Sep 1987 - Jan 1989
|
-33.90
Sep 1987 - Jan 1989
|
-34.20
Sep 1987 - Jan 1989
|
-34.20
Sep 1987 - Jan 1989
|
|
-32.97
Sep 1989 - May 1991
|
-32.22
Sep 1989 - May 1991
|
-32.87
Sep 1989 - Aug 1991
|
-33.07
Sep 1989 - Aug 1991
|
-32.82
Sep 1989 - Aug 1991
|
-31.95
Sep 1989 - May 1991
|
|
-29.47
Aug 1997 - Apr 1999
|
-25.25
Apr 1998 - Apr 1999
|
-25.53
Apr 1998 - Apr 1999
|
-25.66
Apr 1998 - Apr 1999
|
-25.40
Apr 1998 - Apr 1999
|
-24.44
Apr 1998 - Mar 1999
|
| 5 Worst Drawdowns - Average | |||||
| -37.44 | -35.72 | -36.06 | -36.07 | -35.84 | -35.76 |
| 10 Worst Drawdowns - Average | |||||
| -28.78 | -26.24 | -26.42 | -26.40 | -26.34 | -26.31 |
For a deeper insight, please refer to the Aleks Bleck Northern Finance Portfolio: ETF allocation and returns page.
