Robo War Experiment (RWE) Update – February 2023

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2023/03/03/robo-war-experiment-rwe-update-february-2023/

This is a performance update to my Robo War Experiment (RWE) posted here:
https://pwlcm.wordpress.com/2023/02/03/robo-war-experiment-rwe-update-january-2023/

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

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Performance Update

Here is the February 2023 Performance Update:

After a good start in January 2023, we saw 4 robo advisors and 3 benchmark indices turned negative in their monthly returns. Only SqurrelSave portfolio turned in positive 1.53% monthly return.

Key Observations

1. SquirrelSave is the only portfolio that had a positive monthly return in February 2023.
2. All the other 4 robo advisors and the 3 benchmark indices suffered losses in February 2023.
3. Syfe is the worst performer who clocked -1.93% monthly return.
4. In terms of XIRR since inception, Endowus remains the best performer with a small negative return among the robo advisors.
5. S&P 500 portfolio is the only index showing a small positive XIRR since inception.

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