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%|