Asked on 24 Jul 2020
Personally tried both Syfe and Stashaway.You can check out an article I wrote here comparing the 2 robos. If you want an honest opinion, here it is:
In terms of fees, Syfe will be CHEAPER if you have less than 20k to invest. Stashaway fees are stuck at 0.8% until you invest more than 25k. Even so it will be 0.7% (excluding ETF expense ratio) So if you are a beginner with only a few hundred or few thousands to invest, Syfe will be the cheaper option.
In terms of returns, I have an excel sheet of the returns from Stashaway's every risk index and on average it is around 7% returns YTD. As for Syfe, if you invest into Global ARI, you are going to get similar returns as Stashaway since both utilises a downside risk protection method to hedge against risk. It's pretty much plain vanilla "Modern Portfolio Theory" at play, so returns won't be the best(compared to full equities) but you won't crash like mad like the stock market (But you will still crash just not as much)
If you invest into Syfe Equity100, you will be sitting on 15% YTD if this portfolio started in Janurary, but of course the caveat here is you will be feeling the price fluctuations from the stock market due to systematic risk of equities. So it is a matter of how much risk you are willing to take and how long your time horizon is.
If you want high returns you have to forgo some safety, and if you want safety you have to forgo higher returns potential. It's really give or take.
But in essence, if you can withstand risk and treat it as a form of "forced savings" for 10 years, picking something that has a higher weightage of EQUITIES will give you the highest return, because stocks uptrends in the long run and will absolutely destroy any other asset class if you hold it long enough.
So my question to you is: Do you know your time horizon? What is your investment goal? Answering this will allow you to decide which portfolio is most suitable for you.
For me it's simple, since my time horizon is long term (10 years )and being a 21 years old, Syfe Equity100 will make the most sense since it will give you the highest risk adjusted returns. This ain't rocket science, because a 100% equities portfolio will ALWAYS beat a diversified asset class portfolio (stock/bonds/commodities etc) in the LONG RUN.
To my knowledge, Syfe is distinct from Stashaway in that it has 3 unique portfolio. So there's a choice of how you want to invest beyond downside risk. Personally, I discovered Syfe because I wanted to invest into its REITs. And Syfe has a portfolio for that. I don't think Stashaway offers the same. As for the app, I have not tried Stashaway before but I honestly don't see how Syfe's app user interface can get any simpler. I hope I have helped you in your decision making.
I agree with Ching Pang’s comment below, personally I use StashAway and I’ve never used Syfe but at least so far I would recommend StashAway as well. The app is pretty straightforward and user-friendly, which is a big plus especially if you’re a beginner at investing. All the details are shown pretty clearly and the app is easy to navigate.
Hi, personally I have only used Stashaway though I'm considering Syfe's Equity100 portfolio.
I've DCA small amounts since April this year and have seen ~10% returns with a16% risk index. Personally I find Stashaway's app interface very user-friendly and they have processed my transfers within 1-2 working days.
If you are thinking of investing in REITs but are unsure which ones to pick you might want to check out Syfe as they have a REIT portfolio unlike Stashaway which only invests in ETFs.
Have you started investing with StashAway yet? Sign up with my link and we'll both get up to $10,000 SGD managed for free for 6 months! https://www.stashaway.sg/referrals/leonardw6a
I personally used StashAway for a month as of now.
Hence this app, is really good for beginners like me! Easy to read and understand etc :)
Invested 1K, risk index 14% -> gained $30.50 in a month, 3%+ return not bad!:)
Long user of StashAway. Please give them a try.
These are the extra benefits beyond what is written on other blogs:
A) Do find time to attend their online weekly class on budgeting, investing and their investing framework. They have podcast and weekly market commentary now!
B) Their portfolio has multiple risk level, 6.5% to 36%.
C) Their goal based investing will automatically titrate down the risk until you need the money.
D) In covid period, they offered healthcare worker 6months free management.
E) The way they handled Malaysia auto-debit incident well.
31 Jul 2020
I like to support stashaway on this even though i have no experience on syfe. For stashaway. I use it since 2 years ago. it has app which is very userfriendly, and a graph easy to understand. It does auto optimization. most importantly my total return is still in green even during covid19 market clash time.
24 Jul 2020
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