MYTHEO vs StashAway 2021 Performance Review

This article will compare the 2021 returns of my accounts with two robo-advisors, MYTHEO and StashAway. For the performance of the previous year, you can refer to this article.

The returns are as on 31 October 2021. I am going to list just the stock code of the exchange traded funds (ETFs) in this article. If you are interested, you can google the stock code to get more information about the ETF.

MYTHEO

Based on the platform data, my total return from MYTHEO is 14.90% (MYR) and 15.92% (USD). I am going to use internal rate of return to compute my annualised return. Since October 2019, my return (MYR) is 12.42% per annum. My current portfolio consists of 97.21% ETFs and 2.79% cash (USD).

The asset allocation of my portfolio is the same as my previous review, which is 68% growth, 18% income, and 14% inflation hedge.

The number of growth ETFs has increased from 11 to 12. These ETFs are EWG, EWH, EWJ, EWS, EWT, EWU, FM, FXI, QQQ, SUSA, VPL, and VTV.

For the income category, the number has reduced from 11 to nine. These include EMLC, HYG, IEF, IGOV, MBB, SJNK, SRLN, TLT, and VGIT.

The number of ETFs in inflation hedge category remains the same as nine. The ETFs are DBB, DBO, IAU, ICLN, IGF, IYR, REM, RWX, and TIP.

StashAway

The return from StashAway is not as good as MYTHEO. My total return is 7.99% (MYR) and 9.38% (USD). Using internal rate of return, my return (MYR) since May 2020 is 5.27% per annum. The current allocation of my portfolio on StashAway is 98.56% ETFs and 1.44% cash (USD).

The number of asset category has increased from five to seven in this year. These categories are Government Bonds (14.75%), Corporate Bonds (3.93%), Fixed Income (8.31%), Equity Sectors (US) (21.87%), International Equities (21.46%), Real Estate (15.35%), and Commodities (12.89%).

The table below shows the ETFs in my portfolio.

Asset Class	ETF	Weightage
Government Bonds	EMB	14.75%
Corporate Bonds	AGG	3.93%
Fixed Income	BNDX	8.31%
Equity Sectors (US)	XLE	8.51%
	XLP	13.36%
International Equities	EWA	7.58%
	KWEB	13.88%
Real Estate	VNQ	15.35%
Commodities	GLD	12.89%

Over half of the above ETFs are in the fixed income and inflation hedge category.

Conclusion

I have tabulated the returns from these two robo-advisors below.

Platform	MYR Total Return	USD Total Return	MYR Annualised Return
MYTHEO	+14.90%	+15.92%	+12.42%
StashAway	+7.99%	+9.38%	+5.27%

Contrary to 2020, MYTHEO has a better return than StashAway in this year, in terms of both total and annualised returns. It seems like MYTHEO has managed to prove itself in just one year. Its annualised return is also better than my own foreign portfolio. However, it is still too early to tell if its performance would continue. On the other hand, the annualised return of StashAway is lower than my own portfolio.

As both platforms are still giving me positive returns, I am going to continue my monthly contributions on these platforms. Let’s see which platform will perform better in next year.

Referral codes

Below are my referral links to the two platforms. By using the links, I may gain referral reward from your registration with the platforms. If you think I have done a good service in explaining the topic, please click on the link below if you have interest to register. Otherwise, you can always search MYTHEO or StashAway with Google and register yourself.

MYTHEO: Link here – I will receive a top-up of RM 5 while you will receive a management fee waiver for 3 calendar months from the date of the approved initial deposit if you register through this link*.

StashAway: Link here – If you register and invest through this link, you and I might get a 6-month management fee waiver*.

*Terms and conditions apply.