Raiz vs Spaceship Comparsion (2021)

Summary: The Raiz investment app is the superior platform due to the fact that they offer more diversified portfolios and a way for investors to get access to cryptocurrencies like Bitcoin.

By
James Glennon
on
October 11, 2021
Spaceship Voyager vs Raiz
Raiz vs Spaceship

Raiz vs Spaceship Review

With so many new micro-investing apps popping up in Australia, it can be hard to find the right one that fits your needs. In this review, we compare Raiz vs Spaceship as two of the leading micro-investing applications that are focused on delivering an easy user experience for newbie investors in Australia.

Raiz and Spaceship Voyager Compared

The table below provides a quick overview of the important aspects underpinning both investment platforms.

Feature Raiz Spaceship
Portfolios 7 Diversified Portfolios 3 Diversified Portfolios
Trading Fees $3.50 per month subscription fee $2.50 per month subscription fee
Useful Features Bitcoin Portfolio and invest for kids A lot of educational resources
Key Benefits Low cost, easy access to crypto and automated rebalancing Easy way to get into stocks
Considerations Raiz provides diversified portfolios Spaceship hand pick the portfolio companies

Raiz Portfolio Options

The Raiz platform offers 7 prebuilt portfolios that allow you to safely invest. These preset portfolios consist of the most well-established stocks, ETFs, bonds and even cash products in some of the investment vehicles. 

Each of the 7 portfolios provide different weightings of stocks, ETFs or bonds to enable different levels of risk. More conservative investors can select the portfolio with a higher percentage of cash if they do not like the volatility that comes with holding growth stocks like Facebook and Tesla. 

Raiz even offers a portfolio that provides a 5% allocation to Bitcoin if you are interested in holding digital assets!
For more information, read our full Raiz Review.

Spaceship Voyager Portfolio Options

Spaceship Voyager provides slightly less portfolio options than Raiz with their 3 diversified portfolio options. Spaceship allows you to invest in one, or all three simultaneously which is a great way to hedge your risk if you are unsure which portfolio works for you. Their portfolio options are summarised below: 


  • Spaceship Origin: Tracks the top 100 stocks passively
  • Spaceship Universe: Actively managed fund that tracks top global stocks
  • Spaceship Earth: Comprised of companies that provide a positive impact to carbon emissions


For more information, read our full Spaceship Voyager review

Spaceship Voyager vs Raiz Fees

The fees for both platforms are very low because they are both optimised for new investors that may not have thousands to buy and sell stocks. Raiz currently charges $3.50 per month for users who actively dollar cost average into their investment vehicles.

Spaceship Voyager is slightly cheaper than Raiz and charges $2.50 per month for balances of over $100 on the platform

Conclusion

Both platforms effectively offer the same product, cheap and easy access to stocks through an intuitive mobile application. Further from a fees standpoint, there is only a dollar different on a monthly basis that puts Spaceship Voyager slightly ahead.

With that said, I generally prefer Raiz over Spaceship Voyager due to the fact that they have 7 different portfolios to choose from as opposed to 3. Further, I like the fact that Raiz offers investors access to the latest investment opportunities like Bitcoin and other cryptocurrency assets. 

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James Glennon

I spent 5 years as a Commercial Lawyer in Australia before stumbling across the innovations behind Bitcoin and the cryptocurrency space. Ever since, I have been committed to learning more and educating the broader Australian community about Bitcoin, hard money, investing and decentralized finance.

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