Robo War Experiment (RWE) Update – January 2023

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2023/02/03/robo-war-experiment-rwe-update-january-2023/

This is a performance update to my Robo War Experiment (RWE) posted here:
https://pwlcm.wordpress.com/2023/01/14/robo-war-experiment-rwe-update-december-2022/

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 January 2023 Performance Update:

A good start in January 2023 with all 5 robo advisors and 3 benchmark indices turning in positive 3~5% monthly returns. MoneyOwl led the pact with +5.55% and SquirrelSave falling behind at +3.51%.

Key Observations

1. All 5 robo advisors and 3 benchmark indices returned to positive territory for the month of January 2023.
2. MoneyOwl and SquirrelSave portfolios is the best and worst performers in the month.
3. Endowus is the best performer with -0.51% XIRR since inception among the robo advisor portfolios.

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