Portfolio123 vs Sharesight
A detailed comparison to help you choose the right tool in 2026.
Portfolio123
Quantitative stock screening and portfolio backtesting for systematic investors
Free plan available
Sharesight
Automated portfolio tracking with dividend and tax reporting
Free plan available
Feature Comparison
| Feature | Portfolio123 | Sharesight |
|---|---|---|
| 460+ fundamental and technical screening factors | ✓ | ✗ |
| Multi-factor ranking systems | ✓ | ✗ |
| 20+ year portfolio backtesting | ✓ | ✗ |
| Model portfolios with auto-rebalancing | ✓ | ✗ |
| Factor-based stock scoring | ✓ | ✗ |
| Universe creation and management | ✓ | ✗ |
| Book simulation for live tracking | ✓ | ✗ |
| API for data export | ✓ | ✗ |
| Automatic trade and dividend import from 200+ brokers | ✗ | ✓ |
| Multi-currency portfolio tracking (40+ exchanges) | ✗ | ✓ |
| Dividend tracking and reinvestment accounting | ✗ | ✓ |
| Capital gains tax calculations (US, AU, NZ, UK, CA) | ✗ | ✓ |
| Performance reporting with benchmark comparison | ✗ | ✓ |
| Diversity and sector allocation analysis | ✗ | ✓ |
| Custom portfolio groups and watchlists | ✗ | ✓ |
| Financial year reporting by jurisdiction | ✗ | ✓ |
| Starting Price | Free | Free |
Portfolio123 Pros & Cons
Pros
- + Deepest quantitative screening available to retail investors
- + 20+ year backtesting period for robust validation
- + Model portfolios auto-rebalance on schedule
- + No programming required for quantitative strategies
- + Comprehensive factor library
Cons
- − Pro plan is expensive at $83/month
- − Steep learning curve for factor modeling
- − US stocks only
- − Interface is functional but dated
- − No charting or technical analysis tools
Sharesight Pros & Cons
Pros
- + Best-in-class dividend tracking and reinvestment
- + Multi-currency support for international portfolios
- + Tax reports for multiple countries
- + Automatic broker import reduces manual work
- + Clean, modern interface
Cons
- − Free tier limited to 10 holdings
- − No real-time data — uses end-of-day pricing
- − No charting or technical analysis
- − Limited US broker integrations compared to AU/NZ
- − No options or crypto support
Choose Portfolio123 if...
- → Systematic investors who want quantitative factor-based portfolio construction
- → You value: deepest quantitative screening available to retail investors
- → You value: 20+ year backtesting period for robust validation
- → You value: model portfolios auto-rebalance on schedule
Choose Sharesight if...
- → Dividend investors and international portfolio holders
- → You value: best-in-class dividend tracking and reinvestment
- → You value: multi-currency support for international portfolios
- → You value: tax reports for multiple countries
Frequently Asked Questions
What is the main difference between Portfolio123 and Sharesight?
Portfolio123 is best known for: Quantitative stock screening and portfolio backtesting for systematic investors. Sharesight focuses on: Automated portfolio tracking with dividend and tax reporting.
Which is cheaper, Portfolio123 or Sharesight?
Portfolio123 offers a free tier. Sharesight also offers a free tier.
Can I use Portfolio123 and Sharesight together?
Yes, many traders use both tools as they serve complementary purposes. Portfolio123 excels at 460+ fundamental and technical screening factors, while Sharesight is strong in automatic trade and dividend import from 200+ brokers.