Tag: Axos Invest

Posted on March 13, 2020

News of the novel coronavirus has dominated the 2020 news cycle. Both equity and bond markets have been extremely volatile, and the S&P 500 Index has dipped into bear market territory after dropping as much as 25% from its previous high. However, many other developments have taken place during the year. Morgan Stanley is set to acquire E*Trade in an all-stock deal valued at $13 billion. Citigroup unveiled its new robo advisor, and Goldman Sachs is expected to do the same soon. 

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Posted on March 5, 2020

  • The recent shock from the coronavirus has pushed the down S&P 500 down as much as 15%
  • The drop provided robo advisors with an opportunity to place tax-loss harvesting trades
  • Most robos exhibited similar upside and downside capture ratios, with a few exceptions
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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
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Posted on February 21, 2020

Backend Benchmarking is the only place to see accurate performance data sourced from real accounts we have open at each provider. See which robos have performed best and why!

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Posted on February 14, 2020

Best Robo for Performance at a Low Cost

Winner: Fidelity Go
Runner-Up: Axos Invest

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Posted on November 26, 2019

Fintech companies are continuing to disrupt the financial services industry. Over the past few years, firms have begun to offer high-yield savings accounts that pay very competitive interest rates when compared to the paltry rates savers are accustomed to seeing in their checking accounts.  Recently, the fintechs have expanded their focus to include spending accounts with debit cards. 

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