Hi Alex,

Thank you for the response! Based on our backtests and data, we have found quite the opposite. It should be remembered that rebalances don’t trade the entire portfolio. They only balance the amount that differs from the target allocation. This means over the course of a single day, there is only a small percentage of the portfolio that is even traded (assuming a short rebalance period). I would be happy to dive into more data with you. Please just let me know which aspects of the results/data/fees concern you.

The Shrimpy Team