Robo War Experiment (RWE) Update – September 2022

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2022/10/05/robo-war-experiment-rwe-update-september-2022/

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

All 5 robo advisors and 3 benchmark indices extended into larger losses in September 2022. The world and US stock suffered more than 20% losses YTD, officially entered the bear markets. No portfolio was spared the bear attacks.

Key Observations

1. YTD returns of the 3 benchmark indices broke the -20% mark, officially entered the bear markets.
2. All 5 robo advisor portfolios couldn't resist the bear attacks and clocked in monthly losses ranging from -4.12% to -8.25%.
3. Only SquirrelSave and StashAway portfolios managed to suffer smaller losses that the 3 benchmark indices.
4. SquirrelSave was particularly impressive with -4.12% loss, less than two third of S&P -6.78% loss.

5. Syfe suffered the largest monthly drawdown of -8.25% since inception this month.

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