To answer some of the questions:

• Initially in Jan 2021, when my risk level was medium, I tested between Stashaway and FSM MAPS. However I did not publish the results as the timeline was different to these 3, it won't be accurate to compare
• Around Jul 2021, I googled search and speed-read up on some blogs, found there's other robo-advisor also, so I signed up for all of them (thus these 3 remaining) and did another 1 year experiment. That time all blogs were talking about these 4 (and Kristal.AI which is in USD and looks complicated at that time) I might have missed out some other robo at that time. At the same time I re-assess my risk to be high
• Whole of last year, I was busy, so I did not take much time to read into investing. I thought robo-advisors were good since most of the blogs talk good about them (and also due to their ads in FB, there's no ad about ETF), and also the signup bonus that time
• I did buy stocks on CDP previously 10+ years ago before. Comparing robo fees to CDP, robo are very low (below 1% pa compare to S$30 per trade) At that time my thinking is, if I DCA $100/mth, no way I can buy stocks (PS: its my thinking that time coz I only had experience with CDP and banks. My thinking had changed now)
• That time, I just wanna pay someone in SGD and let them handle everything, I dont want to deal with the conversion myself
• Anyway, fast forward 6 months (ard Xmas), I had some time to read up more on trading and investment. However I just continue the experiment. But now that it had ended, I've just stop DCA into them
• SA gave me quite bad results, most months are negative. Now when I look back and compare to other ETF, I dunno why I chose that

Anyway I backtested the same amount in SPY & QQQ, MWRR is -9.73% and -18.15% respectively.

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This is just an experiment, not an official report of how the robos perform. Also, past results do not mean it’ll perform the same result in the future

Thanks for sharing KY! I am curious why did you select these 3 robos over others?