Robo War Experiment (RWE) Update – June 2024

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2024/07/06/robo-war-experiment-rwe-update-june-2024/

This is a performance update to my Robo War Experiment (RWE) posted here:
https://pwlcm.wordpress.com/2024/06/06/robo-war-experiment-rwe-update-may-2024/

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 June 2024 Performance Update:

All 5 robo advisors’ portfolios and the 3 benchmark indices continued with positive returns in June 2024. SqSave performed well with above 4% monthly returns and managed to turn in a positive XIRR since inception, first time in its history.

Key Observations

1. All 5 robo advisors and 3 benchmark indices remained in positive territory in June 2024.
2. SqSave clocked in the highest monthly returns in June 2024, helping to turn in a positive XIRR since inception, the first time in its history.
3. Endowus continued to take the top spot in XIRR since inception among the robo advisors, beating the MSCI ACWI index but trailing behind the MSCI World Index and S&P 500.

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