Sharesight Review: Portfolio and Dividend Tracking

Sharesight is one of several portfolio tracking tools on the market, so we wanted to know how it compares to similar apps like Kubera and Empower. In this review, we’ll walk you through Sharesight’s features and pricing and let you know who it’s best suited for.

What is Sharesight?

Share view was launched in New Zealand in 2006 by a father-and-son team who had grown tired of using spreadsheets to track their stock investments. But while it’s not based in the US (its offices are in New Zealand and Australia), it has since grown into a global platform serving more than 500,000 investors worldwide, including in the US.

What does it offer?

Sharesight offers four service plans that allow you to track up to 10 portfolios and an unlimited number of holdings. Available features include dividend tracking, price and portfolio email alerts, portfolio sharing, and detailed reporting. Here’s a closer look at some of the key features:

Sharesight’s primary function is portfolio tracking. Once you sign up, you can add your investments manually, by importing a spreadsheet or by connecting your brokerage. From there, Sharesight automatically tracks your portfolio’s price and performance data. With all your investments in one overview, you can see your annual return. This includes any capital gains, dividends and currency changes. You can then compare your portfolio’s performance against all the stocks, ETFs or mutual funds that Sharesight tracks.

You don’t have to worry about whether your investment account is supported. Sharesight connects to over 200 brokers, including Charles Schwab, Interactive Brokers, Robinhood, Fidelity, Ally Invest, Goldman Sachs and more. Even if your broker isn’t on Sharesight’s list of partners, you can always add a portfolio manually.

Sharesight also works well for global traders, as it can track the positions of more than 240,000 global stocks, funds and ETFs on more than 60 exchanges.

Dividend tracker

Sharesight can track dividend payments and other distributions for more than 700,000 global stocks, ETFs and funds. When a dividend is announced, it will appear in your portfolio. Sharesight records the amount, currency conversion (if necessary) and any tax-related data.

You can also track Dividend Reinvestment Plans (DRIPs) using Sharesight. Unfortunately, automatic DRIP tracking is only available to companies listed on the Australian Securities Exchange (ASX) or the National Stock Exchange of Australia (NSX). Otherwise, you must manually record dividend reinvestments when you add or edit a payment.

Are there any costs?

As mentioned, Sharesight offers four different service plans, including a limited, free plan. Here’s a closer look at the different plans, including pricing (billed annually) and primary features:

Next to Share viewtwo alternatives worth considering are Kubera and Give strength. Kubera offers a high-level wealth tracker that supports a wide range of assets, including cryptocurrencies and real estate, making it ideal for investors with non-traditional portfolios. Empower is cheaper than both Sharesight and Kubera (it’s actually free) and does a great job at basic portfolio maintenance and asset tracking. However, it is not as specialized in dividend tracking as Sharesight. If you’re looking for basic power monitoring, Empower is probably your best bet. On the other hand, dividend investors may be able to get more value from Sharesight’s deep dividend tracking tools and other tax reporting tools.

To get started with Sharesight, visit the website and click the “Sign Up for Free” button on the homepage. You can create an account without providing your credit card number in advance. Once your account is verified, you can start adding your existing funds. Once you link your accounts and add your portfolios, Sharesight automatically populates price history, dividends and company actions. You can now view your performance and run reports if necessary.

Yes, Sharesight should be considered safe to use. It is a long-standing platform that securely connects to hundreds of brokers around the world, demonstrating that it is a trusted partner. According to the company’s website, Sharesight is SOC 2 and GDPR compliant and uses two-factor authentication to protect your accounts.

Sharesight does not offer live support via phone or chat. It does have a help center on its website where you can find answers to the most common questions. If you need additional help, please email [email protected] or send them a message from the website, and someone will respond to your request.

Whether you have a modest or growing stock portfolio or ETFs, Share view is worth considering. We like the low price. Suppose you have one portfolio with a relatively small number of investments. You can track your investment performance and get free access to a number of valuable tools, such as dividend tracking, email alerts, and portfolio sharing. Perhaps the sweet spot is the Starter or Standard plan, which offers more flexibility at a reasonable price. Anyway, the price is flexible. If you’re looking for a simple wealth tracker, you might be better off with a platform like Empower, which is free to use. And if you invest in a wide range of asset classes and want to track cryptocurrencies, real estate or collectibles, etc., Kubera may be a better option.

View Sharesight here >>