Sharesight Review: Portfolio and Dividend Tracking

Sharesight is an online portfolio-tracking tool that lets you sync and view all your investment accounts in a single platform. In addition to tracking your portfolio performance, you can keep track of dividend income and generate reports for your accountant at tax time.  

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?

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

What Does It Offer?

Sharesight offers four service plans that allow you to track up to 10 portfolios and unlimited 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 main features: 

Portfolio Tracker

Sharesight's primary function is portfolio tracking. After signing up, you can add your holdings manually, by spreadsheet import, or by connecting your brokerage. From there, Sharesight will automatically track your portfolio's price and performance data. With all of your investments in a single view, you'll be able to see your annualized return. This includes any capital gains, dividends, and currency changes. You can then benchmark your portfolio's performance against any stocks, ETFs, or mutual funds that Sharesight tracks. 

You shouldn't have to worry about whether your brokerage account is supported. Sharesight connects to over 200 brokerages, 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 holdings for over 240,000 global stocks, funds, and ETFs across more than 60 exchanges. 

Dividend Tracker

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

You can also track dividend reinvestment plans (DRIPs) using Sharesight. Unfortunately, automatic DRIP tracking is only available for holdings 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 Fees?

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

How Does Sharesight Compare?

In addition to Sharesight, two alternatives worth considering are Kubera and Empower. Kubera offers a high-level net worth tracker that supports a wide range of assets, including crypto 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 solid job of handling basic portfolio and net worth tracking. It's not as specialized in dividend tracking as Sharesight, however. If you're looking for simple net worth monitoring, Empower is likely your best bet. On the other hand, dividend investors may get more value from Sharesight's in-depth dividend tracking and other tax-reporting tools. 

How Do I Open An Account?

To get started with Sharesight, visit its website and click the "Sign Up for Free" button on the homepage. You can create an account without providing your credit card number upfront. Once your account has been verified, you can begin adding your existing holdings. Once you've linked your accounts and added your portfolios, Sharesight will automatically backfill price history, dividends, and corporate actions. You can now watch your performance and run reports as needed. 

Is It Safe And Secure?

Yes, Sharesight should be considered safe to use. It's a longstanding platform that securely connects to hundreds of brokerages worldwide, demonstrating it's a trusted partner. According to the company's website, Sharesight is SOC 2 and GDPR compliant, and employs two-factor authentication to protect your accounts. 

How Do I Contact Sharesight?

Sharesight doesn't offer any live support via telephone 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 assistance, you can email [email protected] or send them a message from the website, and someone will respond to your request. 

Is It Worth It?

Whether you hold a modest or growing portfolio of stocks or ETFs, Sharesight is worth considering. We love the low price point. Suppose you have a single portfolio with a relatively small number of holdings. You can track your investment performance and access some valuable tools, like dividend tracking, email alerts, and portfolio sharing, for free. Perhaps the sweet spot is the Starter or Standard plans, which offer more flexibility at a reasonable cost. Either way, the pricing is flexible. If you are looking for a simple net worth tracker, you may be better off with a platform like Empower, which is free to use. And if you invest in a broad range of asset classes and want to track crypto, real estate, or collectibles, etc., Kubera might be a better option. 

Check out Sharesight here >>

Sharesight Features