Consolidated Returns as of 30 November 2024
Managing the Ray Dalio All Weather Portfolio To EUR Hedged with a yearly rebalancing, you would have obtained a 9.64% compound annual return in the last 30 Years.
With a quarterly rebalancing, over the same period, the return would have been 6.86%.
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 Nov 30, 2024
Implementing different rebalancing strategies, the Ray Dalio All Weather Portfolio To EUR 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 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 Nov 30, 2024 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Rebalancing Strategy | 1Y | 5Y | 10Y | 30Y |
MAX (~75Y) |
|||||
No Rebalancing | 31.37 | (0) | 12.20 | (0) | 10.27 | (0) | 9.64 | (0) | 9.35 | (0) |
Yearly Rebalancing | 14.01 | (1) | 2.59 | (5) | 3.28 | (10) | 6.96 | (30) | 7.53 | (75) |
Half Yearly Rebalancing | 13.57 | (2) | 2.59 | (10) | 3.33 | (20) | 6.86 | (60) | 7.44 | (150) |
Quarterly Rebalancing | 13.61 | (4) | 2.70 | (20) | 3.41 | (40) | 6.88 | (120) | 7.40 | (300) |
5% Tolerance per asset | 14.18 | (0) | 3.03 | (5) | 3.49 | (7) | 6.77 | (17) | 7.48 | (42) |
10% Tolerance per asset | 14.28 | (0) | 2.70 | (1) | 3.56 | (2) | 7.01 | (7) | 7.64 | (15) |
In order to have complete information about the portfolio, please refer to the Ray Dalio All Weather Portfolio To EUR Hedged: ETF allocation and returns page.
Performances as of Nov 30, 2024
Historical returns and stats of Ray Dalio All Weather Portfolio To EUR Hedged, after implementing different rebalancing strategies.
Standard Deviation
|
Max Drawdown (%)
|
|||||
---|---|---|---|---|---|---|
Rebalancing Strategy | Return % | Std Dev(%) | Ret. / Std Dev | MaxDD(%) | Ret. / MaxDD | |
No Rebalancing | 9.35 | (0) | 12.25 | 0.76 | -44.10 | 0.21 |
Yearly Rebalancing | 7.53 | (75) | 7.20 | 1.05 | -23.92 | 0.31 |
Half Yearly Rebalancing | 7.44 | (150) | 7.16 | 1.04 | -24.06 | 0.31 |
Quarterly Rebalancing | 7.40 | (300) | 7.17 | 1.03 | -24.45 | 0.30 |
5% Tolerance per asset | 7.48 | (42) | 7.24 | 1.03 | -23.92 | 0.31 |
10% Tolerance per asset | 7.64 | (15) | 7.35 | 1.04 | -23.42 | 0.33 |
Drawdowns as of Nov 30, 2024
Historical Drawdowns of Ray Dalio All Weather Portfolio To EUR Hedged, after implementing different rebalancing strategies.
Rebalancing
|
Tolerance per asset
|
||||
---|---|---|---|---|---|
No Rebalancing | Yearly | Half Yearly | Quarterly | 5% | 10% |
-44.10
Nov 2007 - Feb 2011
|
-23.92
Jan 2022 - In progress
|
-24.06
Jan 2022 - In progress
|
-24.45
Jan 2022 - In progress
|
-23.92
Jan 2022 - In progress
|
-23.42
Jan 2022 - In progress
|
-38.83
Sep 2000 - Nov 2005
|
-17.96
Dec 1980 - Oct 1982
|
-17.68
Dec 1980 - Oct 1982
|
-17.48
Dec 1980 - Oct 1982
|
-17.50
Jul 1980 - Oct 1982
|
-18.03
Dec 1980 - Oct 1982
|
-33.98
Jan 1973 - Jun 1976
|
-15.12
Sep 1968 - Jan 1971
|
-15.18
Sep 1968 - Jan 1971
|
-15.27
Sep 1968 - Jan 1971
|
-14.89
Dec 1968 - Dec 1970
|
-15.34
Sep 1968 - Jan 1971
|
-27.41
Dec 1968 - Mar 1971
|
-12.28
Mar 1974 - Feb 1975
|
-13.18
Mar 1974 - Feb 1975
|
-12.72
Mar 1974 - Feb 1975
|
-13.31
Mar 1974 - May 1975
|
-12.63
Mar 1974 - May 1975
|
-25.58
Dec 1980 - Jan 1983
|
-11.90
Feb 1980 - May 1980
|
-11.90
Feb 1980 - May 1980
|
-12.39
Oct 1979 - May 1980
|
-12.41
Jul 2008 - Sep 2009
|
-11.90
Feb 1980 - May 1980
|
5 Worst Drawdowns - Average | |||||
-33.98 | -16.24 | -16.40 | -16.46 | -16.40 | -16.26 |
10 Worst Drawdowns - Average | |||||
-26.92 | -13.11 | -13.00 | -13.04 | -12.74 | -12.73 |
For a deeper insight, please refer to the Ray Dalio All Weather Portfolio To EUR Hedged: ETF allocation and returns page.