June 29, 2020

Best Investment Tracking Software

Read more about Investing
This article contains references to products from our partners. We may receive compensation if you apply or shop through links in our content. You help support CreditDonkey by reading our website and using our links. (read more)

Automatically stay on top of your portfolio with these investment tracking software and apps. Find out which one is best for you.

© CreditDonkey

In the past, keeping track of your investments was a hassle.

Luckily, you no longer have to do this yourself on Excel. There are lots of investment tracking software and apps that do it automatically for you.

They combine all your investment accounts to track the status of all your stocks, ETFs, funds, options, cryptocurrencies, and more. You get a real-time view of all your investment holdings in one place.

Here are the best investment tracking software for every kind of investor:

Personal Capital: Best Overall

Personal Capital is perhaps the best all-in-one free money management tool. You link up all your financial accounts to see an overall view of your finances.

It really shines in investment tracking. The app will analyze your strategy and provide personalized recommendations. It gives you suggestions on how you can adjust your portfolio to reduce risk and reach your goals.

Top features include:

  • Compares your overall portfolio to market indexes
  • Finds hidden fees and how they'll impact you in the long run
  • Tells you the expense ratio within each fund
  • Suggests a target allocation and how to rebalance your portfolio
  • Finds extra cash that could be invested
  • Provides retirement planning projections

Personal Capital offers a full suite of other personal finance tools. You can track your net worth, income and expenses, and debts. It also helps you plan for retirement and higher education.

Personal Capital also offers a wealth management service for those with $100,000 to invest. You don't need to use this service to use the free personal finance tools.

Morningstar Portfolio Manager: Best for Serious Investors

Morningstar is the most recognized name in investment research. It offers a Portfolio Manager to help track your investments. You can get this with a free membership (though Premium members can access more features).

This tool provides an insane level of detail, but it has a learning curve. Serious investors will be able to appreciate it, especially when combined with other Morningstar research tools.

Free features include:

  • Create watch lists and transaction portfolios
  • Import or manually input your holdings
  • Detailed information about your stocks and funds, and their Morningstar ratings
  • See the weighted average expense ratio of your funds
  • Instant X-Ray evaluates your asset allocation and sector weightings
  • Compare your portfolio to market indexes

Premium Morningstar members get more advanced features like screeners and analyst reports. They also receive a monthly Portfolio Manager Report. This gives you an in-depth look into your portfolio, including top gainers and losers, stock statistics, projections, and more.

SigFig: Best for Casual Investors

SigFig is mostly known as a robo-advisor. But it also offers a free Portfolio Tracker that anyone can use, even if you don't use the robo service.

You can add all your investment accounts from over 80 brokerages. Then you can see an overall picture of your investments in one dashboard.

SigFig analyzes your portfolio and provides personalized guidance on how you can improve. Features include:

  • Weekly email report of your portfolio's performance
  • Compares to market indexes and your peers
  • Real-time market quotes
  • Analyzes your investment strategy against your risk tolerance
  • Finds hidden fees and expensive funds
  • Analyzes how diversified your portfolio is
  • Finds extra cash that could be invested

The platform is simple and user-friendly. It's good enough for casual investors to keep an eye on things and get some advice. But it may not be enough for more serious investors.

SigFig's robo-advisor service is a good choice for small balances. You get the first $10,000 managed for free. After that, the annual fee is 0.25%.

Ticker: Best for Tracking Stocks

The Ticker app is designed to allow investors to track their stock portfolios on the go from anywhere.

You manually input your transactions and create your portfolios. The app will start tracking your positions. This allows you to use Ticker without having to link up any brokerage accounts.

Features include:

  • Push notifications for real-time stock price updates
  • Set custom alerts whenever a stock falls above or below a trigger
  • Set multiple watchlists
  • See your positions and profit/loss
  • Calculates your full portfolio performance for past 3 years
  • Tracks your trades, dividends, and stock splits

The free version of Ticker only allows for a limited amount of stock tracking. The full version is $1.99/month and allows for unlimited watchlists, portfolios, and alerts.

Quicken: Best Comprehensive Software

Credit: Quicken

Quicken is still one of the best personal finance software. It offers comprehensive tools, including budgeting, bill pay, investment tracker, retirement planner, and property and business accounting tools.

Quicken only offers investment tracking in the Premier and Home & Business plans. This starts at $74.99 per year. This isn't cheap, but if you have a more complicated financial life, then it's a good deal to get everything in one place.

Features include:

  • See all your investment fees and your true market returns
  • Set up stock watchlists
  • Run IRR and ROI reports
  • Compare your portfolio to market benchmarks
  • See realized and unrealized gains for tax planning
  • Use "what if" scenarios to see tax implications of selling
  • See market comparisons to help with buy/sell decisions

In addition, Windows users can also use Morningstar's X-Ray tool. This evaluates your portfolio's holdings and recommends a target allocation.

Mint: Best Investment Tracking with Budgeting

Mint is best known as a free budgeting app. It's good for users who are mainly looking for day-to-day money management

Investment tracking is not Mint's main purpose, so it's more basic. Unlike Personal Capital, Mint does not offer any advice on how to improve your investment strategy.

Features include:

  • See your current overall market value
  • Compare to market benchmarks
  • See your best and worst performers
  • See your allocation breakdown

If you're mostly looking for budgeting and keeping track of your finances, then Mint does the job well. Other features include goal setting, debt payoff planning, bill reminders, and free credit score.

Sharesight: Best for Financial Professionals

Sharesight is an investment tracker combined with reporting tools. It's designed to allow sharing with financial professionals. It's a good option if you have a tax accountant (or if you are one).

To create your investment portfolio, you can either manually input your trades or import your Excel file. You don't link your brokerage accounts.

Features include:

  • Daily price and currency updates
  • Automatically track dividends and stock splits
  • Run a variety of reports (diversity, asset allocation, and contribution analysis)
  • Easily share your portfolio with your tax accountant
  • Grant staff different levels of access
  • Comprehensive tax reporting

Sharesight allows you to track up to 10 holdings for free. Additional holdings will require a subscription starting at $135/year.

How to Choose the Right Tool for You

To pick the right investment tracking software for you, consider these features:

Sync or Manual Input
Some apps let you link your accounts and automatically sync the info. This is good if you want to combine all your accounts.

Other programs require that you manually input your trades. This could be good if you want to track specific investments. Or if you don't want all your data stored in the web/cloud.

Amount of Information
How much information do you really need? Do you need up-to-the-minute stock pricing changes? Active investors may need that feature, but that may be overload for buy-and-hold type of investors. Beginners may also find too much info to be overwhelming.

Other Features
Do you want an all-in-one financial management app? If so, apps like Personal Capital and Mint can also track budgets, income and expenses, loans, etc.

If you want to focus solely on tracking your investments, then a dedicated tool like Morningstar will give you more advanced investment tracking features.

Bottom Line

It's important for investors to keep track of their portfolio's performance. The best tracker for you depends on your needs. For more casual investors, a tracker that combines all your accounts would probably be enough. More serious investors may need more features, like custom watchlists and price alerts.

Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

More from CreditDonkey:


Best Robo Advisors


Alternative To Quicken


Mint Alternatives


Investing in Your 30s

Investing in your 30s is all about balancing financial priorities. Your decisions now will affect your future. Learn how to build long-term wealth in your 30s.

Leave a comment about Best Investment Tracking Software?

Name
Email (won't be published)


Online Budgeting Tools

Looking for the best (and free) online budgeting tool? See how apps like YNAB, Mint, PocketGuard and more compare.

About CreditDonkey®
CreditDonkey is a stock broker comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Terms | Contact Us
© 2020 CreditDonkey