Roboadvisor: Stashaway vs Syfe

[Okenba]

U dont hve to compute at all

syfe app provides u w the time wt return and the “portfolio return” in %...... too
Just copy them....

As of the diff risk level in stashwy , if u invested in its 36%, your returns might be comparable w the returns in syfe, as syfe is 100% eqty..... just that stashawy wasted so much in gold!

SA bought gold into the portfolio in abt june2020. It went straight up to about Aug/Sep 2020. In those months, everyone was celebrating about how smart SA was.

This is the issue with both SA and Eqty100. They make changes to their portfolio so often that in the end, it is about trusting their investment team / investment lead. Otherwise, the portfolio that looks good to you today may look very different 6 months later. And while you might celebrate 12 months later, you might also be cursing them 18 months in...

 

[Mr. Wood]

SA bought gold into the portfolio in abt june2020. It went straight up to about Aug/Sep 2020. In those months, everyone was celebrating about how smart SA was.

This is the issue with both SA and Eqty100. They make changes to their portfolio so often that in the end, it is about trusting their investment team / investment lead. Otherwise, the portfolio that looks good to you today may look very different 6 months later. And while you might celebrate 12 months later, you might also be cursing them 18 months in...

probably can say the same for any other robo advisors, fund managers

 

[Okenba]

probably can say the same for any other robo advisors, fund managers

I guess the difference is that most fund managers are kinda known entities with some background and history behind them. Some robos even use these fund managers. Endowus and MoneyOwl both started off solely committed to DFA, which is world renowned.

There are some portfolios that do not depend on their fund managers.
Syfe Reits+ tracks a reit index.
Auto wealth basic portfolios (not the new ones they released), are a basket of ETFs tracking passive indices.

Not saying that people cannot buy actively managed funds. Just pointing out that when we do so, it is more a selection of the fund manager than the individual components in the portfolio that are subject to change.

 

[dappermen]

i m grateful to SA's comin2 30mths soon of ups & Downs w their rebal & chgs still i hve :

my SA (36% risk)is 47% (Time wt) inv since nov 2018!

my syfe eq100 time wt ret is more thn 25% , pf / cummulatv ret is 18% (Sep 2020 inv)


u can compute per annum ur own

 

[SuperDecker]

Just sharing, I started Syfe Equity 100 around 25 Dec 2020. DCA 3x every month.
Simple return 5.5%, time weighted return is 9.84%.

The portfolio is relying on their acumen and factor picks every 6 months review. I review it more closely than my other investment with Moneyowl which has a fixed asset allocation and investing approach. Just a few months ago, they were not convinced on the value/small cap revival. Now they are tilting towards these factors in the latest rebalancing, adding notably KWEB, MCHI. SA had already added China tech to their pf mid 2020 iirc.

 

[dappermen]

a few months ago, they were not convinced on the value/small cap revival. Now they are tilting towards these factors in the latest rebalancing, adding notably KWEB, MCHI. SA had already added China tech to their pf mid 2020 iirc.

Who is the they??? Syfe??

Anyway one hwz mbr fussing and quizzing why syfe is doing all the changes in the latest rebalncing!!! (He nt even investd yet...)

my only qn for syfe is why mchi and kweb as they r extremely similar if not highly correlated positively

less is more, not more = best!

 

[walsly]

Anyone had started with Syfe earlier this year able to share your experience so far?

I started earlier around Jan with SA 36%... honestly not very impressed with it, with gold and KWEB being the major contributors to the losses haha. That said, KWEB was performing relatively well before it went kaput around Feb... some have theorized KWEB will climb back eventually but I'm just worried that gold will continue to "pull my back leg"...

I was just wondering should i just move my portfolio over to Syfe EQ100 instead. I also have a EQ100 account investing w my OA with Endowus.

 

[fraggiepro]

Anyone had started with Syfe earlier this year able to share your experience so far?

I started earlier around Jan with SA 36%... honestly not very impressed with it, with gold and KWEB being the major contributors to the losses haha. That said, KWEB was performing relatively well before it went kaput around Feb... some have theorized KWEB will climb back eventually but I'm just worried that gold will continue to "pull my back leg"...

I was just wondering should i just move my portfolio over to Syfe EQ100 instead. I also have a EQ100 account investing w my OA with Endowus.

I started both Syfe equity 100 & reits during late Feb to early March. Reits earlier was doing very well as I just nice invested when the price are lower but Equity has caught up quite abit. That being said, my reits dividends still not in yet. However in long run, equity sure higher return, just wanna diversify a little. Now that equity 100 has added the china etfs (appx 15%), will monitor.

Stashaway I withdrew quite awhile ago. Same for syfe core. Didn't like the bond components.

 

[tutonic]

I think it's reasonable to expect the gold % to eventually disappear in SA 36% portfolio since they only added gold into the 36% portfolio during the covid rebalancing last year. It's just a matter of when.

Given the recent Syfe rebalancing, I think Equity100 might be the better product. But based on their track record so far, Syfe like to keep touching their products (i.e. rebalnce). So my worry is that you go in, then a year later, they rebalance into some stuff that you don't like, then you're stuck, since can't opt out (if I'm not mistaken).

I just hope the gold % can disappear from SA 36% quickly. It's the only thing that's in the red, in my 1.5 year old 36% portfolio. With regards to KWEB, yeah, it tanked in Feb, but not just KWEB. A lot of other ETFs also tanked in that period. Just that the broader based indexes have recovered past the Feb highs at this point (SPY,QQQ, etc), which is why the Syfe100 portfolio looks better at this point.

The other gripe I have with Syfe is that their transactions show the units purchased in terms of SGD, instead of USD, so cannot manually input into a portfolio tracker (like Yahoo Finance) to track progress. That's the only thing stopping me from going in on Equity100.

 

[dappermen]

gold % can disappear from SA 36% quickly.

dont thk so


My Syfe eq100 is alwys in USD - i can opt in SGD too

 

[walsly]

I think it's reasonable to expect the gold % to eventually disappear in SA 36% portfolio since they only added gold into the 36% portfolio during the covid rebalancing last year. It's just a matter of when.

Given the recent Syfe rebalancing, I think Equity100 might be the better product. But based on their track record so far, Syfe like to keep touching their products (i.e. rebalnce). So my worry is that you go in, then a year later, they rebalance into some stuff that you don't like, then you're stuck, since can't opt out (if I'm not mistaken).

I just hope the gold % can disappear from SA 36% quickly. It's the only thing that's in the red, in my 1.5 year old 36% portfolio. With regards to KWEB, yeah, it tanked in Feb, but not just KWEB. A lot of other ETFs also tanked in that period. Just that the broader based indexes have recovered past the Feb highs at this point (SPY,QQQ, etc), which is why the Syfe100 portfolio looks better at this point.

The other gripe I have with Syfe is that their transactions show the units purchased in terms of SGD, instead of USD, so cannot manually input into a portfolio tracker (like Yahoo Finance) to track progress. That's the only thing stopping me from going in on Equity100.

haha my kweb hasnt climb back yet. entered in jan... still more than -15% for me... gold on the other hand has been climbing abit higher the last 2weeks ( i havent check for 2-3weeks) scaling back from -8.5%ish to -4.5% ish. which is quite surprising given the recent trends... i m probably gonna give SA a try for at least a year n see where it takes me to... hopefully freddy lim can prove all my worries were for naught lol

 

[dappermen]

Before all of u try to imitate, do take note of his time when he started to invested
and dont envy.... i felt anyone who invested esp around june-jul 2020 onwds (to maybe jan2021) is a sure-hit&win....
He is full of praise for endowus! Whenever i post a fb posting or youtube, many only view it! So sorry the comments posted with it, is equally impt too (nt asking u to believe in them 100% but at least knws what is goin on, wat qns are being asked)

can someone change the title of this thread to incld endowus??!!

& we dont need a ceo or cio freddy lim or whoever to even tell us, anyone would hve knw that Reits is primarily for income/divs.....

 

[tutonic]

haha my kweb hasnt climb back yet. entered in jan... still more than -15% for me... gold on the other hand has been climbing abit higher the last 2weeks ( i havent check for 2-3weeks) scaling back from -8.5%ish to -4.5% ish. which is quite surprising given the recent trends... i m probably gonna give SA a try for at least a year n see where it takes me to... hopefully freddy lim can prove all my worries were for naught lol

Yeah. KWEB struggling to recover right now. But eventually should ah, so I not too worried. Furthermore, my 36% portfolio is at 25.18% TWR as of today, so more than satisfied.

 

[CrashWire]

Given the recent Syfe rebalancing, I think Equity100 might be the better product. But based on their track record so far, Syfe like to keep touching their products (i.e. rebalnce). So my worry is that you go in, then a year later, they rebalance into some stuff that you don't like, then you're stuck, since can't opt out (if I'm not mistaken).

I guess you can "opt out" by selling your holdings and moving your money somewhere else?

The other gripe I have with Syfe is that their transactions show the units purchased in terms of SGD, instead of USD, so cannot manually input into a portfolio tracker (like Yahoo Finance) to track progress. That's the only thing stopping me from going in on Equity100.

You can message them to switch the display of your holdings to USD (it's an option set when your portfolio was created).

I wish we could switch between them on our end.

 

[Mr. Wood]

can someone change the title of this thread to incld endowus??!!

alrdy got endowus dedicated thread.

 

[dappermen]

alrdy got endowus dedicated thread.

I want a comparison of all 3
Endw v syfe v sa

 

[tutonic]

I guess you can "opt out" by selling your holdings and moving your money somewhere else?


You can message them to switch the display of your holdings to USD (it's an option set when your portfolio was created).

I wish we could switch between them on our end.

Yeah, but then can't expect people to keep shifting their money around every 6-8 months mah. It defeats the whole passive nature of robos. At least with SA, you have the option of opting out of any one particular rebalancing exercise.

I'm not talking about holdings. I'm talking about the transactions; when they buy/sell, they show in terms of SGD, so a bit more difficult to input into a portfolio tracker. If you're telling me the transactions can also be changed to show in terms of USD, maybe I'll give Equity100 a try, or start another comparison thread between that and SA36%.

 

[walsly]

Yeah, but then can't expect people to keep shifting their money around every 6-8 months mah. It defeats the whole passive nature of robos. At least with SA, you have the option of opting out of any one particular rebalancing exercise.

I'm not talking about holdings. I'm talking about the transactions; when they buy/sell, they show in terms of SGD, so a bit more difficult to input into a portfolio tracker. If you're telling me the transactions can also be changed to show in terms of USD, maybe I'll give Equity100 a try, or start another comparison thread between that and SA36%.

how often does SA perform a rebalancing exercise, if any at all? sorry newbie here

 

[Mr. Wood]

how often does SA perform a rebalancing exercise, if any at all? sorry newbie here

not often. i think mine 2-3 yrs alrdy only 2 times rebalance. SA is not the usual 60/40 type of portfolios. they will see macro economy data and decide whether to risk on or risk off. unlike traditional advisers.

 

[tutonic]

how often does SA perform a rebalancing exercise, if any at all? sorry newbie here

About once a year, if I'm not mistaken. The previous rebalancing happened in April last year. But you always have the option to opt out of the rebalancing and stick with your current composition.

Previous rebalancing reduced weight in XLV/XLY and removed XLK, XLE, XLB(i think) and replaced them with KWEB, SPEM, AAXJ and VNQI. Old 36% also had IVV. Now 36% no IVV, only present in the 30% portfolio (5% IVV).
And since it was a covid related rebalancing, they also added more bond and gold weight across the board for all their portfolios.
30 & 36% last time all no gold. Hopefully they rebalance out the gold soon.