Robo War Experiment (RWE) Update – August 2022

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2022/09/03/robo-war-experiment-rwe-update-august-2022/

This is a performance update to my Robo War Experiment (RWE) posted here: https://seedly.sg/opinions/robo-war-experiment-rwe-update-july-2022/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

Performance Update

Here is the August 2022 Performance Update:

From a strong rebound in July 2022, all 5 robo advisors and 3 benchmark indices turned red in August 2022.

Key Observations

1. The 5 robo advisors’ losses in August 2022 range from -1.40% to -2.74%.
2. All 5 robo advisors managed to suffer smaller losses than the 3 benchmark indices.
3. The 3 original robo advisors clocked in similar YTD returns at about -13%.
4. Endowus had the least XIRR loss since inception.
5. Syfe remained having the lowest monthly drawdown since inception.

Referral Links/Codes

Endowus: https://endowus.com/invite?code=J6YV3
Syfe: SRPTRJTFQ
StashAway: https://www.stashaway.sg/referrals/choonght43
MoneyOwl: https://moneyowl.com.sg/app/accounts/sign-up?referral_code=5FZY-58AG
SquirrelSave: https://app.squirrelsave.com.sg/Start/Referralcode?referralid=2996