6 Best Free Investment Portfolio Management Software – Updated 2021

We get questions all the time on what is the best investment portfolio management software. Just the other day, someone read my post about how we track our net worth and asked me a really simple question – how do I track our stock investments?

The short answer is… well, I don’t.

I check my investments once a month when I update the spreadsheet, and then I don’t look at it. I think of our investment money in time capsules so even if something were to happen, I don’t want to be tempted to respond.

I still read financial news from time to time, I like to be aware of what’s happening so if there is a big change, I’m not caught off guard. But that’s mostly for psychological reasons. I aim never to touch the investments outside of rebalancing and other bookkeeping.

That said, how I track our investments has changed over the years. If you asked this question five years ago, there was a clear separation between the best of the best and the rest. Almost every tool used Yodlee to scrape your account information, so their features were all very similar. The difference was in the interface and how good that startup’s designers were.

Nowadays, the separation is much bigger. Companies are using these free tools as a lure for something bigger (usually wealth management) and that has benefited us all.

Until recently, I was using Google Finance for a quick snapshot of my investments. Google killed the portfolio feature, which is always a risk with a free tool, so now I rely on Personal Capital for that snapshot and big-picture planning.

So what’s the best tool for tracking investments? I’ll tell you what I liked about each of them.

Table of Contents
  1. What Is A Stock Portfolio Tracker?
  2. Morningstar Portfolio Manager
  3. StockRover Portfolio Management
  4. Personal Capital
  5. SigFig
  6. Google Sheets with Functions
  7. Google Finance
  8. Final Verdict

What Is A Stock Portfolio Tracker?

First, what are we talking about when we ask for the best stock portfolio trackers? We want a tool that can collect all of our investments and give us an understanding of how it is performing. Much like personal finance apps, we want it to be as seamless as possible and give us the ability to quickly analyze our holdings in a variety of ways.

As we list the best options below, we take into account the cost of the subscription (if there is one), as well as the speed and usability of the platform.

Morningstar Portfolio Manager

I haven’t been using it for a long time but Morningstar Portfolio Manager is a tool that has been around for ages. It gives you the ability to track all of your investments in one place, keep track of price changes, pull in star ratings and other Morningstar data, while giving you insights and research from Morningstar. The portfolio manager does not link up your accounts so you have to enter your data manually (which may be a plus if you’re concerned about the security risk).

It’s available to the free membership. If you are a premium member, you get access to more of the tools – but tracking is free. I realize that’s all pretty vague but I wanted to include it in the list because they still offer it and there’s something to be said for longevity.

The premium service has a 14-day free trial too so you can check it out for free for two weeks to see if it works for you. Also, through our link, you get up to $100 off the Morningstar Premium subscription price if you decide to subscribe after the trial. We have a more detailed review of Morningstar Premium here.

Check out Morningstar Portfolio Manager

StockRover Portfolio Management

StockRover offers the ability to link up your brokerage account and use its powerful analysis tools using your specific brokerage data. You will be able to analyze your portfolio against benchmarks and make key decisions using data, rather than gut feel or guesstimates. If you don’t want to connect your brokerage, you can enter it manually or use a spreadsheet import too. They support thousands of accounts including Vanguard, Charles Schwab, Fidelity, TD Ameritrade, Wells Fargo, E*Trade, Chase, and more.

Once you’ve set it up, you can get daily, weekly, or monthly reports showing performance as well as analyze it for a variety of metrics such as risk adjusted return, volatility, beta, IRR, Sharpe Ratio and more. It’s comprehensive and far more detailed than many others on this list. It really depends on how in-depth you wish to go.

StockRover has a free tier but you get more when you sign up for the paid services.

Check out StockRover Portfolio Management

Personal Capital

Personal Capital Logo

If you want a quick snapshot of your overall finances, this tool gives it to you pretty quickly once you connect all of your data sources. While I would say you shouldn’t be checking your finances every minute of every day (because it’s a waste of time), Personal Capital just makes it so that the waste of time takes a lot less actual time.

Personal Capital is safe, it has an Investment Checkup tool to give you an idea if your investments are on track, and it has a pretty good retirement calculator too based on your data. If you need budgeting, it can track expenses as well but it’s not as good at that as dedicated budgeting tools.

Learn more about Personal Capital

SigFig

SigFig was the first investment tracker I ever used. I signed up age ago because it was the only one that connected with E*Trade, TradeKing and Vanguard; the three brokers I used at the time. The interface is very simple, connecting accounts is seamless, and they’ve expanded the tools they offer since I first used it.

Until I moved to Personal Capital, I was using SigFig because it has beautiful charts:

A peek at some of the charts (my data is all messed up because it’s 5+ years old!)

I stopped using SigFig over ten years ago and since then they’ve added some new features I haven’t explored extensively. They’ve also added financial advisors who can help you manage existing investments, monitor your portfolio, and help you come up with a plan. They’re not pushy though, I’ve never been called about a consultation.

Learn more about SigFig

Google Sheets with Functions

If you like complete customization and your data secure on Google servers, you can create your own Google Sheet and pull data using a function provided by Google. The drawback is that you need to customize it and it’ll be a very manual process, but you control it and it will always be free. You do run the risk of the GoogleFinance function changing underneath you but so far that hasn’t happened in many years.

The core function to pull stock prices is simple:

=GoogleFinance("TICKER", "price")

Where TICKER is the ticker symbol of the stock you’re tracking. This data can be delayed up to 20 minutes.

If you want to check Amazon, you put this into a cell and it’ll populate:

=GoogleFinance("AMZN", "price")

The syntax of the function is available here. There is a huge menu of things you can do with the function, including show historical data, tables, etc. It’s very solid and hasn’t changed much, despite Google Finance being more tightly integrated into Google Search.

Check out Google Sheets

Sadly, Microsoft Excel is not a good alternative because there are no good functions to pull in data.

Google Finance

This was the first portfolio tracker I ever used.

I like Google Finance because the homepage gives you a handful of big stories (of which the headline alone gives you enough information) and then the portfolio tracking will pull in the major stories of your holdings.

I added my holdings as I acquired them, I removed them when I sold them, and I didn’t use any of the cash tracking for those purchases and sales. What’s nice about this set up is that it’s easy so simple.

But they recently got rid of the Portfolio tracking features. You can still track companies, it just looks weird, you just won’t be able to keep track of your basis.

From Google Finance Support 🙁

I never used it to track my portfolio entirely, such as tracking cash inflows and outflows. I only used it to see how particular holdings were performing on a daily and overall level. Many of my individual stock holdings are now nearing their 10-year mark (acquired during the Great Recession) so it’s all green across the board (and thus not particularly useful).

Check out Google Finance

Final Verdict

You will be able to find a stock portfolio tracker from one of the options above.

If you want something relatively light and hands-off, Personal Capital can analyze your portfolio and help you understand whether you’re on track to retire with the assets you need. Morningstar and Stock Rover exist for those who want more information and greater detail into their investment holdings.

And for the spreadsheet junkies, you always have Google Sheets or your own spreadsheets that you can customize to exactly what you want. It’s all about what you hope to achieve and how much tinkering you need to do to get to it.

How do you track your investments?

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Jim Wang

About Jim Wang

Jim Wang is a thirty-something father of three who is a frequent contributor to Forbes and Vanguard's Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology - Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here's my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you're on track to retire when you want. It's free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a few commercial properties and a farm in Illinois via AcreTrader.

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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

  1. Ramona says

    I love Personal Capital. So far it’s the only one I use to track my finances (partially, since the main tracking goes on my AceMoney installation. As soon as I’ll get into investing, I should look into the other tools, since they’d make my life easier.

  2. Lance says

    I’m fully vested in Vanguard ETFs which makes my tracking “easy as pie”, I go to the Vanguard site 1st thing in the morning and at market closing later in the day (takes only about 15 minutes a day). BTW, I’ve been hearing a lot talk lately on some of the investing info sites like Zacks and The Motely Fool about the “Next Big Thing” being AI (artificial intelligence) so I’m keeping an eye on the Vanguard Technology sector VGT 🙂

  3. John says

    I have Morningstar Premium. It emails me daily reports on the gains, and losses of the portfolio. It does so with each fund listed, and the change in the value of the fund. It takes less than 10 seconds to view. Once or twice a month I call the toll free automated number for my 401K, and it gives me the total, and how much is in each fund. It even tells me my investment return for the last 12 months. Being less than a year from retirement, I watch them a little more closely.
    Periodically, I call the automated number for my bank. I get the balance, and can check to see if a check has cleared.
    I keep a running total in my head of what expenses lay ahead, and plan for them.
    I spend less than 20 minutes a month on management.

  4. GYM says

    We don’t have Personal Capital in Canada but it looks amazing from the screenshots I see. I use Google Sheets too to track my dividend income.

  5. Wes Smith says

    I use Personal Capital as well (I have an investment account with them). I have had many issues lately (all of 2018) using the Dashboard with USAA bank accounts. I have reported it to Personal Capital tech support and they say they are working on it but the problems have been ongoing for several months. Have other people had problems with Personal Capital and USAA or is mine an isolated case?

    When it works the Dashboard is great! I just hope I can get it working again soon.

  6. Daniel E. says

    I haven’t tried Personal Capital but it seems, that it might be worth taking a closer look. It is a shame that Google killed the portfolios. I was thinking about tracking my portfolio using google sheets but it seems like too much work.
    After some research, I decided to try Wallmine and I can say that I don’t regret choosing it as the alternative portfolio tracker. Morningstar is also a very good tool for analysis and news but I find Wallmine more user-friendly and the free version offers everything needed with the stock and crypto screener, insider tradings, heatmaps visualizations or alert options.

    • Jim Wang says

      I miss Google Portfolios. I like simple solutions to simple problems and it was just that.

      I’ve never heard of Wallmine though.

  7. Mente Gee says

    Personal Captital is not “safe”. The fact it doesn’t use OAuth to get your data from the various banks and brokers leaves YOU vulnerable. Because they store your account creds for all these data points. If PC ever gets hacked if it hasn’t already, all you bank and broker credentials are out in the world. And I checked some terms of the banks and brokers and this may void your right to recoup any money stolen since you technically gave out your account credentials.

    • TraderPro says

      This is nonsense. Personal Capital does NOT store your credentials as you suggest. They use the same third party (Yodlee) used by over 1000 banks and brokerages to store your login credentials. So even if you never use Personal Capital your data is likely at the same risk if you consider Yodlee a risk. it’s also read only access so even if someone does gain access, they can just see your balances and holdings. They can’t do anything with them.

      The same is true for any aggregator on this list and many more. If you don’t want to share your credentials, don’t, but that has nothing to do with Personal Capital. Every time you type in your user name or password, or use a password manager, that information can theoretically be intercepted even without using an aggregator especially if your device has the right malware on it. If you care, Personal Capital has an entire detailed page covering security and how it all works.

  8. Joseph Keogh says

    Jim Wang,
    How safe is it divulging my investment account & banking information to Personal Capital, i am concerned after reading the post from Mente Gee on November 5, 2019
    Thank you

    • Jim Wang says

      Joseph – which post?

      I think there’s always a little risk whenever you reveal your login credentials but they’ve had a good track record and I’m not personally worried. It’s up to you to decide if the tools are worth that risk.

  9. Daniel Tsai says

    I recommend i3DIY Portfolio Tracker. Because it has the following features
    • Free to use: Single trading account tracking.
    • Account sync: Help you automatically synchronize trading accounts. Or you can manually enter of your transaction.
    • Calculate Time-Weighted Return: Showing the real performance for your account.
    • Benchmark Comparison: The performance of an investment is not only the absolute value of the return, but the result of comparison with a benchmark or a target portfolio at your specific periods.
    If you have any asset allocation plans, i3DIY Portfolio Tracker can integrate with i3DIY Portfolio Rebalance, so that your investment can be rebalanced according to the plan.
    Your bank and broker credentials are safe.
    The connect between your browser and i3DIY is protected by SSL 2048.
    Stored Credentials are encrypted.

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