Thursday, October 29, 2015

Wealthfront vs. Hedgeable: YTD Performance

We have been comparing Wealthfront to Hedgeable: for a hypothetical deposit of $5000 at the beginning of this year (2015), the performance of both portfolios were observed from month to month: thus far Hedgeable seems to be outperforming Wealthfront--here are the end of month balances for the most aggressive investment profile available on both platforms:

Jan/2015Feb/2015Mar/2015Apr/2015May/2015Jun/2015Jul/2015Aug/2015Sep/2015Oct/2015
Wealthfront$5,000$5,148$5,097$5,256$5,181$5,031$5,038$4,729$4,570$4,926
Hedgeable$5,000$5,322$5,202$5,255$5,300$5,261$5,655$5,274$5,223$5,566

Note that during the July to August drop, Hedgeable may drop a little bit more, but due to their active (or reactive) rebalance into bonds, the subsequent drop in September was much less than that of Wealthfront.