investing

rebalancing threshold

The percentage drift from target allocation that triggers portfolio rebalancing, such as rebalancing when any asset class moves more than 5% from its target weight.

Example

Her 5% rebalancing threshold meant she wouldn't rebalance until stocks drifted from 60% to 65% or 55% of the portfolio.

Memory Tip

REBALANCING THRESHOLD = how far you let allocations drift before fixing them.

Why It Matters

Rebalancing thresholds help you maintain your desired investment strategy without constantly buying and selling. By setting a clear trigger point, you avoid overtrading while still preventing your portfolio from drifting too far from your original risk tolerance and goals.

Common Misconception

Many people believe rebalancing should happen on a fixed schedule like annually, but thresholds instead use percentage drift as the trigger. This means you might rebalance multiple times in a volatile year or not at all in a calm year, depending on how your assets perform.

In Practice

Suppose you target 60 percent stocks and 40 percent bonds with a 5 percent rebalancing threshold. If stocks rise to 67 percent of your portfolio due to strong market performance, that is a 7 percent drift from your 60 percent target, exceeding your 5 percent threshold and triggering a rebalance where you sell some stocks and buy bonds to return to 60/40.

Etymology

REBALANCING (restoring allocation) THRESHOLD (trigger point). The THRESHOLD that triggers REBALANCING.

Common Misspellings

rebalancing-thresholdrebalancing threshholdrebalancng threshold
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Related Terms

rebalancingasset allocation

More in investing

Other investing terms you should know

appreciationAn increase in the value of an asset over time.bondA fixed-income investment where an investor loans money to adiversificationA risk management strategy that mixes a wide variety of invedividendA payment made by a corporation to its shareholders, usuallyexpense ratioThe annual fee that mutual funds or ETFs charge investors, efixed incomeInvestments that provide a regular, predetermined return, su

See Also

portfolio drifttax efficiency
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