6 of the Absolute Best Portfolio Analysis Tools Compared

If you manage your own portfolio, understanding the true risk and return characteristics of your holdings is essential to achieving your financial goals. By leveraging portfolio analysis software to monitor these metrics, investors can save time and improve long-term results. Just like investors are interested in different kinds of metrics, though, platforms differ in the types of analysis provided. In this article, we’ll take a look at six of the best portfolio analysis tools on the market today and evaluate which areas each tool excels in.

Quick Compare

BEST PERSONAL BALANCE SHEET

Kubera

Kubera is one of the best portfolio analysis tools for investors who view their portfolios as encompassing all their assets and liabilities, not just their financial investments. Learn more

• Strengths: Asset-liability management, user interface, direct broker integration.
• Weaknesses: Limited statistical analysis, price.
• Financial Planning: Asset-liability management, share portfolio with advisor, family wealth tracking
• Statistical Analysis: Asset returns
• Fundamental Analysis: None
• Screening: None
• Broker Integration: Yes
• Additional Features: Car valuation, domain valuation, dead man’s switch

Pricing
Kubera Personal	$150/year
Kubera Family	$225/year

Visit Website

BEST FREE TOOL

Empower

Empower is a free platform that focuses on financial planning, including net worth, budgeting, and retirement analysis. Learn more

• Strengths: Price, financial planning analytics, direct broker integration
• Weaknesses: Limited statistical and fundamental analysis, advisory upselling tactics
• Financial Planning: Budgeting, retirement planning, net worth tracker
• Statistical Analysis: Basic Monte Carlo and efficient frontier analysis
• Fundamental Analysis: None
• Screening: None
• Broker Integration: Yes
• Additional Features: Target allocations to monitor drift

Pricing: Free

Visit Website

BEST STATISTICAL ANALYSIS

Portfolio Visualizer

Portfolio Visualizer is one of the best portfolio analysis tools for investors interested in statistical optimization. The platform includes advanced backtesting, Monte Carlo simulations, and more. Learn more

• Strengths: Statistical functionality, visualizations
• Weaknesses: No direct broker integration, price
• Financial Planning: None
• Statistical Analysis: Portfolio backtesting, Monte Carlo simulation, optimization, timing models
• Fundamental Analysis: Basic asset analytics
• Screening: None
• Broker Integration: No
• Additional Features: Customized PDF reports

Pricing
Free Plan	–
Basic	$19/month
Pro	$39/month

Visit Website

BEST FUNDAMENTAL ANALYSIS

Morningstar Investor

Morningstar Investor is among the best portfolio analysis tools for fundamental analysis and research and is designed for investors who take a value-based approach. Learn more

• Strengths: Fundamental analytics, direct broker integration, research access
• Weaknesses: Limited statistics, price
• Financial Planning: None
• Statistical Analysis: Asset performance
• Fundamental Analysis: Portfolio valuation ratios, stock valuation ratios
• Screening: Stock screener, including profitability, valuation, size criteria, and more
• Broker Integration: Yes
• Additional Features: Stock intersection analysis, X-ray analysis

Pricing: $34.95/month

Visit Website

BEST ESG FOCUSED

Ziggma

Ziggma is a good general analytics platform but stands out as one of the best portfolio analysis tools for ESG-conscious investors, including metrics for carbon intensity and environmental score in screeners. Learn more

• Basic Plan: $9.90/month
• Strengths: Price, good technical and fundamental analysis, ESG focus
• Weaknesses: Crowded UI
• Financial Planning: None
• Statistical Analysis: Portfolio simulator backtest
• Fundamental Analysis: Valuation metrics for ETFs and stocks, saved research, curated newsfeed
• Screening: ETF screener and stock screener, including quant scoring
• Broker Integration: Yes
• Additional Features: Climate score, carbon intensity metrics, guru portfolios

Pricing
Free Plan	–
Premium Plan	$9.90/month

Visit Website

BEST FOR DIVIDENDS AND TAXES

Sharesight

Sharesight is among the best portfolio analysis tools for international investors, making dividend tracking and tax management seamless. The platform also offers an attractive UI and good visualizations. Learn more

• Strengths: Taxes and dividends, backtesting, and optimization
• Weaknesses: Limited risk metrics
• Financial Planning: Tax management, future dividend income tracking
• Statistical Analysis: Benchmarking, diversity analysis, distribution analysis
• Fundamental Analysis: Automatic dividend management, multi-currency valuation, multi-period valuation
• Screening: None
• Broker Integration: Yes
• Additional Features: Limited holdings for lower tiers, unlimited holdings for higher tiers

Pricing
Free Plan	–
Starter	$15/month
Investor	$24/month
Expert	$31/month

Visit Website

Best Portfolio Analysis Tools Compared

1. Kubera

🏆 Best Personal Balance Sheet

Kubera aims to track the value of all your assets and liabilities, but it doesn’t offer the statistical firepower some investors need.

Kubera is a powerful portfolio analysis tool that bills itself as “the world’s most modern wealth tracker.” In addition to Kubera’s sleek interface, which is a refreshing break from legacy financial software, Kubera supports a wide variety of digital assets, including cryptocurrencies and NFTs.

What makes it one of the best portfolio analysis tools, though, is support for tracking non-financial assets. For example, Kubera allows users to track the value of their vehicles, with estimated market prices updated over time. Users can also manually input real estate holdings or private investments. While incorporating your car into the value of your total portfolio might not impact your investment decisions, the ability to get an overview of your entire financial picture at a glance is vital for users who care primarily about understanding their personal balance sheet.

Kubera is limited in its ability to provide the advanced statistical tools that some investors depend on. For instance, you won’t be able to do backtests or compare your portfolio with an efficient frontier. However, Kubera makes it clear which type of investors it is designed for – those who need a platform that encompasses all of their assets and liabilities, not just their stocks and bonds.

Pricing

🎁 Intro Offer: 14 days for $1

📊 Best Portfolio Analysis Tools. Learn More: New to the stock market? Discover actionable steps to create your first portfolio in our latest post.

2. Empower

🏆 Best Free Tool

Empower offers a suite of free portfolio tools, although they are geared toward budgeting and retirement planning at the expense of comprehensive analytics.

Empower, formerly Personal Capital, offers a free personal dashboard that features budgeting tools, a net worth calculator, and a retirement planner. While the dashboard is primarily used as a marketing device to introduce investors to Empower’s advisory services, it offers users a comprehensive overview of their portfolio and some useful scenario planning tools.

Empower lets you link a wide variety of accounts to the dashboard, including bank accounts, credit cards, and investment accounts. This gives you the ability to track both your net worth and your budget goals in real time. Moreover, Empower lets users set target allocations for their investment portfolios, meaning you can monitor drift and see if you need to rebalance.

The dashboard also features efficient frontier calculations and Monte Carlo simulations, although both are more limited compared to other best portfolio analysis tools we’ll examine. Some Empower users have reported frustration with the company’s sales tactics, with advisors repeatedly contacting high-net-worth users to try and convert them to advisor clients. Additionally, there are reports of difficulty with account integration since the Empower rebranding. For most people, though, these are small prices to pay for an otherwise free tool.

Pricing

👴 Learn more: Get a clear picture of your retirement finances with our simple, step-by-step guide to calculating your retirement number.

3. Portfolio Visualizer

🏆 Best for Statistical Analysis

Portfolio Visualizer’s price is justified by its excellent statistical tools, but investors who aren’t used to advanced analytics should look elsewhere.

Portfolio Visualizer is considered one of the best portfolio analysis tools on the market, specifically designed for investors interested in statistical optimization. In addition to robust backtesting and Monte Carlo tools, the platform lets users analyze asset correlations, explore factor allocation models, and much more. This advanced functionality, though, also comes with a significant learning curve, especially for investors not well-versed in portfolio theory.

Portfolio Visualizer offers a free tier with strong functionality, but users won’t have the ability to save their models or customize certain data assumptions. One major limitation of Portfolio Visualizer is the lack of direct integration with brokerage firms, meaning users have to import their existing portfolios to the platform manually. Additionally, investors looking for a tool with robust retirement or cash flow planning should look elsewhere.

While Portfolio Visualizer is more expensive than other offerings, the price is justified by the number of distinct analytics tools on offer. While other platforms may provide clearer fundamental valuation metrics, no other platform matches the Portfolio Visualizer’s statistical tools. For investors looking to understand the statistical characteristics of their portfolio without needing to code the analytics themselves, Portfolio Visualizer is likely well worth the price.

Pricing

🎁 Intro Offer: 14-day free trial

📊 Learn more: Gain insights into the top stock backtesting platforms and streamline your investment approach with our latest guide.

4. Morningstar Investor

🏆 Best for Fundamental Analysis

Morningstar Investor excels in fundamental portfolio analysis and investment research, but a high price and limited forecasting tools make this tool inappropriate for some investors.

Morningstar Investor, formerly Morningstar Portfolio Manager, is a robust portfolio analysis platform for investors that excels in providing fundamental portfolio analysis. While Morningstar does a fine job reporting performance, with some limited statistical offerings, it stands out as one of the best portfolio analysis tools for investors who are primarily interested in up-to-date valuation metrics and fundamental research for their portfolios.

While the platform offers some basic charting tools, which are helpful to see the change in the value of a portfolio or security over time, Morningstar’s history as an independent research firm is responsible for the clear focus on fundamental analysis of ETFs, stocks, and funds. Additionally, Morningstar’s screeners, which cover a variety of different instruments, will help investors find new investment opportunities.

The main drawback of the platform is its high price. While this is unsurprising given Morningstar’s history of catering to institutional clients and asset management firms, the platform is unlikely to be worth the price unless an investor has a particular affinity for fundamental analysis. Additional Morningstar-specific tools that may partially justify the price include the stock intersection analysis (which evaluates specific fund holdings to determine real stock exposure) and the X-ray analysis function (which evaluates portfolio exposure by asset class, sector, geography, and more).

Pricing

🎁 Intro Offer: Seven-day free trial

📊 Learn more: Investing in stocks requires robust research. Find a comprehensive roundup of the best stock research tools in our latest post.

5. Ziggma

🏆 Best for ESG-Conscious Investors

In addition to being a specialized tool for ESG-focused investors, Ziggma is a general analytics platform that performs well in a variety of areas.

While Ziggma is versatile enough to serve a broad audience, it stands out as one of the best portfolio analysis tools for investors who are particularly focused on ESG investments and climate change. In addition to a comprehensive assortment of traditional metrics, Ziggma screeners include considerations for a firm’s climate score and carbon intensity, helping investors sort by the greenest firms. Asset coverage is not limited merely to ESG investments, though; Ziggma offers charts and data for equities, fixed-income investments, crypto, and commodities.

In addition to its ESG focus, Ziggma offers an assortment of great analytics tools for a reasonable price. While the platform lacks financial planning tools, there are model portfolio allocations to guide your own investments. Additionally, Ziggma features a simulator tool to evaluate the impact of potential trades on your portfolio’s beta, yield, and diversification.

Ziggma also features direct broker integration, which will save you from having to add your existing portfolio positions manually. In totality, the platform serves as a strong hybrid analytics platform. While it does not do fundamental analysis, technical analysis, or statistical optimization, as well as platforms that focus on those specific areas, Ziggma serves as an effective tool for investors who need suitable functionality in all areas.

Pricing

🎁 Intro Offer: Seven-day free trial

📚 Learn more: Interested in responsible investing? Our recent post outlines the best ESG ETFs you might want to consider.

6. Sharesight

🏆 Best for Dividends and Taxes

Sharesight is one of the best portfolio analysis tools when it comes to dividend and tax features, but risk and return metrics could be improved to grant clearer portfolio insights.

Sharesight is a portfolio analytics platform designed to make dividend and tax tracking as simple as possible. While Sharesight offers a number of other features, including limited backtesting, direct broker integration, and good visualizations, it is the focus on dividends and taxes that will likely be the strongest value add for investors concerned with those areas.

Sharesight allows you to quickly see your entire dividend history, ensuring that you never miss a payout. Unlike some other platforms, Sharesight breaks down total return metrics by capital gains and dividends, letting investors see the precise factors driving returns. Finally, the ease of monitoring reinvested dividends and upcoming dividends, along with built-in calculations of dividend yield at the security level and the portfolio level, makes this platform a clear winner for dividend-focused investors.

Sharesight could be an excellent option for investors frustrated at the challenge of organizing their investment taxes. The platform can generate a detailed taxable income report based on a user-specified timeline, which can be used to file taxes yourself or given to an accountant to file on your behalf. To make this process even easier, Sharesight lets you share your portfolio directly with an accountant.

Pricing

🎁 Intro Offer: Seven-day free trial.

Best Portfolio Analysis Tools: Comparison Table

Selecting the right portfolio analytics tools can be difficult, particularly because there is no one definition for what constitutes a fully-fledged platform. Investors should keep in mind how they personally define the limits of their portfolio, whether that includes their entire financial lives or just their investment holdings. Then, it is important to determine the analysis you want to perform on this portfolio. Different platforms specialize in different areas, so it’s vital to consider the relative value of fundamental analysis, financial planning, and statistical analysis for your needs. In the table below, we compare the best portfolio analysis tools on offer based on these metrics as well as pricing.