The tripartite model (in Clark and Watson, "J Abnorm Psychol" 100:316-336, 1991) comprises Negative Affect (NA), Positive Affect (PA), and Physiological Hyperarousal (PH), three temperamental-based dimensions. The current study examined the tripartite model's assumptions that (a) NA interacts with PA to predict subsequent depressive (but not anxiety) symptom developments and (b) NA interacts with PH to predict subsequent anxiety (but not depressive) symptom developments in a sample of 243 community and referred children and adolescents (42.8% boys; M age = 10.87 years, SD = 1.83). Results confirmed that individuals with a combined high NA/low PA profile display the least favorable course of depressive--but not anxiety--symptoms. In contrast with the model, the combination of NA and PH influenced the development of depression, but not anxiety. Relations were not moderated by sex or sample. Results revealed that the assessment of the tripartite components is warranted as it can help to identify children at risk for an unfavorable depressive symptom course.