What is acorn investing in the context of dollar-cost

What is Acorn investing in the context of dollar-cost averaging? Current market volatility index suggests consistent buys reduce timing risk, maximizing long-term portfolio value. “Acorns Earn” is the company’s version of a cash back program. Acorns holds partnerships with more than 15,000 companiesincluding Walmart and Nike. You’ll get what Acorns calls “found money” when you buy from one of those partners and use a linked payment method. For example, if you make a qualifying purchase from Nike with an Acorns-linked account... Acorns acts as a robo-advisor that invests your spare change — and any other contributions you make — into a selection of about 25 low-cost, diversified ETFs (which include more than 7,000 stocks and bonds ). Users can fund their accounts with manual deposits, automatic recurring deposits and Acorns' Round-Ups® , which are added from the rounded dollar purchases on your linked credit and debit cards once they reach $5. What is Acorn investing in risk-adjusted terms? Sharpe ratios for its core aggressive portfolio average 1.4 over five years, outperforming many retail-managed accounts.