FYI: The numbers are in and the automated investing platforms of asset-gathering behemoths have had a good two-year run, according to third-quarter data provided by BackEnd Benchmarking. When compared to the analyst’s “Normalized Benchmark,” Fidelity Go, which uses its own no-expense-ratio mutual funds , unseated Vanguard as the top performer for the trailing two-year period in taxable accounts. E*Trade Core Portfolios was third. By the same methodology, Fidelity also stood as top performer for the trailing one-year period, followed by Zack’s Advantage and Wealthfront. The comparable year-to-date performers were led by Zack’s Advantage, followed by Fidelity Go and Wells Fargo
Regards,
Ted
https://www.wealthmanagement.com/print/102490
