Results so far: P2P Loan Investing Strategies

I've continued to experiment with different strategies for investing in LendingClub and Prosper. Both platforms have their own automated tools (Prosper Quick Invest and LendingClub Automated Investing) and I've also employed LendingRobot and NickelSteamRoller.

This experiment isn't perfectely scientific (the age of the loans varies substantially) and certainly should not be considered investment advice. For more on the implementaion and how to gauge P2P returns by the age of the loan, see this previous post.

The analysis is from the NSR Portfolio Tool and compares similar strategies across different accounts.

ROI by Strategy

Here are full results:

Strategy ROI Avg Age (Months) Avg Rate Loss Count Completed Prepaid
LC LendingRobot Expected Return 14.38% 10.98 18.49% 3.30% 578 0.69% 6.75%
LC NickelSteamroller Expected Return 11.89% 18.63 21.54% 8.93% 114 0.00% 17.54%
LC Automated Investing 11.90% 44.27 21.74% 9.91% 1,431 6.64% 6.08%
LC Manual Selection 12.39% 9.88 16.29% 4.23% 154 0.00% 7.14%
Prosper Quick Invest 12.54% 4.84 16.67% 3.52% 409 0.00% 2.44%