An external adjustable ballast system for keeled sailboats comprising a weight that is designed for low hydrodynamic drag, mounted through a beam to a shaft running down the leading edge of the fin keel. Turning the shaft moves the weight to optimize hull trim, both fore/aft and athwartships, for a particular point of sail. If the weight and beam are shaped as a lifting body and mounted to the shaft such that it pivots as it rotates to optimize angle of attack, the dynamic balancing component can allow for a lighter weight. Ballast weight and beam can be raised or lowered to optimize performance for expected wind conditions. The leading edge of the fin keel is a rotatable non spherical shaft. When rotated, the shaft creates an asymmetric cross section which improves hydrodynamic efficiency of the keel.