Tag: T Rowe Price
Posted on May 27, 2020
The first quarter of 2020 was a volatile time for markets as they dealt with the impact of COVID-19. Backend Benchmarking tracks various subsets of robo-advice offerings to get a better picture of what firms offer. One such subset is active portfolios. We have active portfolios opened at E*Trade, Morgan Stanley, Betterment, TIAA, and Titan Invest. Titan is the only one of these that does not have a non-active counterpart. It must be noted that Betterment does not consider their portfolio to be a true active portfolio. Instead, they consider it “smart beta” by employing Goldman Sachs active beta funds.
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Posted on February 28, 2020
Top Robo Advisor Retirement Providers – Total Portfolio Performance:
2-Year Trailing Top IRA Performers (annualized)
- Fidelity Go
- T Rowe Price
- Axos Invest
1-Year Trailing Top IRA Performers
- Fidelity Go
- TD Ameritrade
- SoFi
Posted on November 13, 2019
Through the end of the third quarter of 2019, the active robo portfolios we track have shown some early signs of outperformance when compared to the passive offerings from the same providers. Over the first three quarters of 2019, our active portfolios at E*Trade, Morgan Stanley, and TIAA returned 13.42%, on average. The standard offerings from the same providers returned 12.55% over the same period. For the two providers at which our active portfolios have a year of performance—Morgan Stanley and TIAA—the active options have slightly outperformed standard offerings. One factor driving this outperformance is that many of our active portfolios have a tilt towards growth stocks that have outperformed value stocks in the first three quarters of 2019.
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Posted on November 1, 2019
Top Performers:
2-Year Trailing Top Performers (annualized):
- Fidelity Go IRA
- T. Rowe Price IRA
- Axos Invest IRA
Posted on September 8, 2019
As existing firms have grown and new players have entered an increasingly crowded field, companies have looked for new ways to differentiate themselves. For some companies that means offering “active” portfolios. Although Backend Benchmarking has only had our active accounts opened for a short time, active portfolios have showed some early signs of outperformance. Active portfolios outperformed their passive counterparts in the first six months of 2019 by 1.17% on average. One significant factor that may be driving this short period of outperformance is many of our active portfolios have a tilt towards growth which has outperformed in the first 6 months of 2019.
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