DBS Digiportfolio vs Endowus

My opinion, dbs digi global portfolio has similar risk level to endowus 80/20 and 60/40 portfolios. if you do not have any opinion of the markets and just want to invest hassle free, either one should be fine. no point to diversify in both. if you have an opinion in the market, ie you want an overweight in bonds, endowus can do that.

​

one difference is dbs digi invests in ETFs. dbs managers job is to allocate your money differently into ETF. endowus invests in unit trusts. Endowus have to choose from the universe of funds available and then most of the funds have to rely on the fund managers expertises to pick stocks.

both are not really passive, but to me dbs is more passive, endowus is more active.

​

also DBS has higher fee structure and it is denominated in USD. but you can access it anytime using ibanking.

endowus lower fee comparatively, denominated in S$ but slower response.

​

hope this helps.

​

Hello A Newbie Investor, I would personally go with Endowus, because DBS Digiportfolio's SGD fund is exposed to Singapore stocks only if I'm not wrong while Endowus has US-centric funds that are denominated in SGD.

​

There's no need to spread the risk over 2 Robo-advisors as both are already sufficiently diversified. If you were to invest, just stick with 1 Robo and you'll be fine. Unless you want to have different pots of gold like for Income, Retirement and so on, then sure you can straddle a few Robos. Else, I think investing in 1 is fine.