Roboadvisor: Stashaway vs Syfe

[blurpandasg2014]

TS stashaway highest risk is 36%, you're on 30. So it might not be a fair comparison..

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Stashaway risk index is calculated based on 99% value at risk (VAR) meaning that for portfolio 30, there is 99% chance the portfolio will not lose more than 30% at any given time

Whereas syfe portfolio is based on a 97.5% VAR where it will not lose more than 25% in value 97.5% of the time (or another way of saying 39 of 40yrs will not lose more than 25%)

In order to equalise the 2 different formulas, we need to standardise the measure

99% Var = 2.326 SD
97.5% Var= 1.960 SD

Therefore to convert 25% risk syfe portfolio into 99% VAR,

25%/1.96 * 2.326 = 29.66%

Which is why stashaway portfolio 30 is a more suitable competitor to syfe portfolio 25.

https://merage.uci.edu/~jorion/oc/case3.html

https://www.value-at-risk.net/linear-transformation-procedures/

 

[2474265]

thanks for detailed explanation, you are a robo expert

chickrice seems to be a stashaway fanboy... syfe performance really good

 

[hellfire88]

What's the asset they invest in?

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Here's the detailed asset compositions listed on their website:
https://www.syfe.com/sample-portfolio

 

[ChickRice]

Here's the detailed asset compositions listed on their website:
https://www.syfe.com/sample-portfolio

Thanks for the link.


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[ChickRice]

Stashaway risk index is calculated based on 99% value at risk (VAR) meaning that for portfolio 30, there is 99% chance the portfolio will not lose more than 30% at any given time

Whereas syfe portfolio is based on a 97.5% VAR where it will not lose more than 25% in value 97.5% of the time (or another way of saying 39 of 40yrs will not lose more than 25%)

In order to equalise the 2 different formulas, we need to standardise the measure

99% Var = 2.326 SD
97.5% Var= 1.960 SD

Therefore to convert 25% risk syfe portfolio into 99% VAR,

25%/1.96 * 2.326 = 29.66%

Which is why stashaway portfolio 30 is a more suitable competitor to syfe portfolio 25.

https://merage.uci.edu/~jorion/oc/case3.html

https://www.value-at-risk.net/linear-transformation-procedures/

Lose 36% or 25%, I feel this is just a gauge. If we are there for long term, why not just go for the best return(assuming young investor and time's on our side). So if you're going in for long term investment(5-10 years), doesn't matter the risk cus it's just paper loss as stock price will always go up after a economy correction.

Sent from Samsung SM-G950F using GAGT

 

[Victory89]

don't think anyone mentioned this but new users intending to put at least $500SGD into Stashaway can use Shopback for $30 cashback. need to hold for at least 40 days before you can redeem. not sure if you can use referral code (for 6 mths fee free) or not during the 40 days or not though. however you can still key in your referral code after the initial 40 days

 

[blurpandasg2014]

don't think anyone mentioned this but new users intending to put at least $500SGD into Stashaway can use Shopback for $30 cashback. need to hold for at least 40 days before you can redeem. not sure if you can use referral code (for 6 mths fee free) or not during the 40 days or not though. however you can still key in your referral code after the initial 40 days

Thanks for sharing didn't know stashaway now on shopback too

 

[converse2010]

don't think anyone mentioned this but new users intending to put at least $500SGD into Stashaway can use Shopback for $30 cashback. need to hold for at least 40 days before you can redeem. not sure if you can use referral code (for 6 mths fee free) or not during the 40 days or not though. however you can still key in your referral code after the initial 40 days

Must click through Shopback to sign up?

I already have an new account, waiting to deposit next week.

 

[x_men_naruto96]

Must click through Shopback to sign up?

I already have an new account, waiting to deposit next week.

No need. You can sign up via ref link first to enjoy the 6mth free management fee. After that, click thru shopback and then deposit for the 1st time into your account any amt >= $500

Anybody needs ref code PM me!

 

[JellieEllie]

Syfe is having a cashback promotion too FYI. Invest $1,000 and get $10 cashback.

You can get up to $100 cashback! Just deposit through this link invest.syfe.com/join-now/

 

[2474265]

Any update?

 

[blurpandasg2014]

Any update?

Will update later. So far syfe seems rather stable

 

[blurpandasg2014]

Updated

 

[2474265]

Thanks for the update. Both quite impressive, but Syfe takes a clear lead.

 

[2474265]

Sorry for asking again, but is there any update on this? Thanks

 

[Silverback84]

Sorry for asking again, but is there any update on this? Thanks

Interested and following this too

 

[blurpandasg2014]

Syfe is still in the lead. Let me update it

 

[Kirakun83]

I just try stashaway this wk. Starting 100, nil profit at the moment

 

[blurpandasg2014]

I just try stashaway this wk. Starting 100, nil profit at the moment

Which portfolio u chose?

 

[blurpandasg2014]

Bumps bumps