Roboadvisor: Stashaway vs Syfe

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assiak71

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Stashaway's 22%'s benchmark is 60/40
Syfe's 15%'s benchmark is 60/40

Using first post 15%/1.96 × 2.326 = ~18%

How to reconcile this discrepency?

- The benchmarks are probably slightly different
- what else?
 
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tutonic

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assiak71 said:
Actually i would prefer a comparison where both have bonds. I.e. dont go for max risk
Click to expand...

If you prefer one where there's more bonds, you stashaway might be better suited for you, since syfe only has 3 tiers of portfolios, and the 5% risk one has 78% bonds/fixed income, which imo is a bit too high. As for stashaway, you can slide your risk appetite from 6 or 8, iirc, all the way to about 16% where the lowest end has 46% govt bonds, 30% corporate bonds and 9% gold, while the upper end (16%) has 30% govt bonds, 8% corp bonds and 15% gold.

There are 2 key differences between the two robos. Syfe has a more blanket approach when investing in the XL etfs, wherein in all their portfolios, they invest in almost all the XLs, while in stashaway, they only invest in XLY and XLV. The higher risk portfolios then only touch XLP and XLK, with XLE and XLC in the highest end, iirc. There's obviously plus and minuses with both approaches.

Secondly, stashaway holds a lot more gold in your portfolio that syfe. Syfe only holds under 5% of gold in your portfolio (regardless of risk level), while stashaway can hold anywhere between 10-15% in gold (GLD). Again, both methods got plus and minuses, so you should decide on your own.

All in all, they are really quite comparable, so it really boils down to what you prefer.

If you want to start stashaway, can drop me a PM. I can give you my referral code and we can both enjoy free mgmt fee up to 10k AUM for 6 months.
 
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assiak71

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tutonic said:
If you prefer one where there's more bonds, you stashaway might be better suited for you, since syfe only has 3 tiers of portfolios, and the 5% risk one has 78% bonds/fixed income, which imo is a bit too high. As for stashaway, you can slide your risk appetite from 6 or 8, iirc, all the way to about 16% where the lowest end has 46% govt bonds, 30% corporate bonds and 9% gold, while the upper end (16%) has 30% govt bonds, 8% corp bonds and 15% gold.

There are 2 key differences between the two robos. Syfe has a more blanket approach when investing in the XL etfs, wherein in all their portfolios, they invest in almost all the XLs, while in stashaway, they only invest in XLY and XLV. The higher risk portfolios then only touch XLP and XLK, with XLE and XLC in the highest end, iirc. There's obviously plus and minuses with both approaches.

Secondly, stashaway holds a lot more gold in your portfolio that syfe. Syfe only holds under 5% of gold in your portfolio (regardless of risk level), while stashaway can hold anywhere between 10-15% in gold (GLD). Again, both methods got plus and minuses, so you should decide on your own.

All in all, they are really quite comparable, so it really boils down to what you prefer.

If you want to start stashaway, can drop me a PM. I can give you my referral code and we can both enjoy free mgmt fee up to 10k AUM for 6 months.
Click to expand...

Syfe is 5% to 25% in 2% steps
 
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tutonic

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assiak71 said:
Syfe is 5% to 25% in 2% steps
Click to expand...

Oh, really ah? The website just showed the 3 tiers (5 15 and 25). I stand corrected then. Thanks for bringing that up.

My other points still hold true though; about how syfe buys most, if not all, of the XLs, while stashaway holds only XLY XLV and in the higher risk profiles holds XLP and XLK; and how stashaway holds more gold that syfe.
 
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RMCWMR

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assiak71 said:
Any experts can comment on whether stashaway or syfe's tactical algo is better?
Click to expand...
Well i am still losing money on my syfe portfolio at 15% downside risk but then again the portfolio was only started a month ago so hard to tell...
 
Silverback84

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RMCWMR said:
Well i am still losing money on my syfe portfolio at 15% downside risk but then again the portfolio was only started a month ago so hard to tell...
Click to expand...

I started in Oct. The whole of Oct and Nov, the portfolio is losing money. But start this month, it increase close to $100.
 
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assiak71

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tutonic said:
Oh, really ah? The website just showed the 3 tiers (5 15 and 25). I stand corrected then. Thanks for bringing that up.

My other points still hold true though; about how syfe buys most, if not all, of the XLs, while stashaway holds only XLY XLV and in the higher risk profiles holds XLP and XLK; and how stashaway holds more gold that syfe.
Click to expand...

XLs... plus and minus
Gold... plus and minus
Tactical algo... no one knows which is better

One thing is certain - Fee. Syfe lower up to 1mil. And also note, when you draw down, the gap in fee will also increase.

So given no one knows whether stashaway or syfe has better holdings or whose algo is better, can one conclude that for the same risk, just go for the one with lower fee which for most people is syfe?
 
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assiak71

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assiak71

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Silverback84 said:
I started in Oct. The whole of Oct and Nov, the portfolio is losing money. But start this month, it increase close to $100.
Click to expand...

I see their returns posted on the website, oct and nov were positive in usd terms and before fee

2019-09-30 383.55
2019-10-31 387.13
2019-11-30 391.46

So i guess your loss is due to usd/sgd?

Btw does syfe report returns in sgd?

Edit: btw syfe has lower fee than stashaway up to 925k
 
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ChickRice

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I would go for stashaway for the longer term. From the way they operate and market thier business. Can tell that they are here to stay.

Sent from Samsung SM-G950F using GAGT
 
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