Test Accounts Week 11

The S&P 500 Index fell again last week by 2.2%. As usual, Betterment and Wealthfront also fell, but to lesser extents, 1.0% and 1.1% respectively. Folio Investing, a stock mainly portfolio dropped 2.3%. The Schwab Intelligent Portfolios (SIP), surprisingly gained 0.5%.

Lending Club just keeps marching along, up 0.3%. Lending Club has taken over the cummulative lead up 1.8%. Not bad considering payments only started 5 weeks ago. In fact, all test account have outperformed the S&P 500 Index, except for Folio Investing. It is still suffering from the $290 annual fee taken out 2 weeks ago.

Wealthfront has introduced Direct Indexing: The Wealthfront 100. With this option, Wealthfront replaces some of their US Stock ETF with individual stocks. This allows them to sell losers and increase tax loss harvesting. They claim a bump in returns by up to 2%. This is only applicable to taxable accounts and requires a minimum of $100,000. Obvious not going to have any impact on our test account.

I’m not sure if there will be a mid-week post. If you follow me on Twitter @billlanke I’ll let you know when I make the next post.

W/E	S&P 500	BTRMNT	WLTFRNT	FOLIO	LND CLB	SCHWAB
16-Jan	-1.2%	0.0%	0.4%	-0.2%	0.0%	-0.2%
23-Jan	1.6%	1.1%	0.7%	2.0%	0.0%	1.0%
30-Jan	-2.8%	-1.5%	-0.9%	-2.0%	0.0%	-1.3%
6-Feb	3.0%	1.0%	1.0%	0.9%	0.0%	1.3%
14-Feb	2.0%	1.0%	0.8%	1.8%	0.0%	1.2%
21-Feb	0.6%	0.6%	0.4%	0.5%	0.0%	0.4%
28-Feb	-0.3%	0.2%	0.2%	0.3%	0.7%	0.0%
6-Mar	-1.6%	-1.6%	-1.8%	-0.9%	0.3%	-2.1%
13-Mar	-0.9%	-0.1%	-0.3%	-3.4%	0.2%	-0.7%
20-Mar	2.7%	2.1%	2.0%	3.5%	0.2%	1.0%
27-Mar	-2.2%	-1.0%	-1.1%	-2.3%	0.3%	0.5%