Robo War Experiment (RWE) Update – December 2024

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2025/01/03/robo-war-experiment-rwe-update-december-2024/

This is a performance update to my Robo War Experiment (RWE) posted here:
https://pwlcm.wordpress.com/2024/12/03/robo-war-experiment-rwe-update-november-2024/

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 December 2024 Performance Update:

December 2024 is a down month. All 5 robo advisors and the 3 benchmark indices clocked in various degrees of monthly losses. However, the full 2024 returns were better than 2023, almost 20% returns for all 5 robo advisor portfolios and the 2 MSCI indices, and S&P was leading the indices with an almost 27% returns.

In terms of XIRR since inception, Endowus achieved 8.12%, on par with MSCI World, better than MSCI ACWI, but lower than S&P.

Key Observations

1. All 5 robo advisor portfolios and the 3 benchmark indices were in the red in December 2024.
2. In terms of 2024 full year performance, all achieved about 20%, except S&P who took the lead with about 27% annual returns.

3. Endowus continued as the top XIRR performer among the robo advisors, matching up with MSCI World, beating MSCI ACWI, but lagging behind S&P.

Referral Links

Endowus: https://endowus.com/invite?code=J6YV3
Syfe: https://www.syfe.com/invite/wealth/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