Simply Wall St vs Sharesight 2024: Which one is worth the cost?
Disclosure
This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links. The investment landscape has evolved dramatically over the past few years, thanks in part to the proliferation of innovative tools and platforms that empower individual investors to make informed decisions. Among these tools are Simply Wall St and Sharesight, two popular platforms that have been making waves in the investment community.
In this article, we delve into a detailed comparison of these two powerful resources, analyzing their strengths and weaknesses across three key factors: portfolio tracking, investment research, and pricing.
| Simply Wall St is Better for: | Sharesight is Better for: |
| In-Depth Fundamental Analysis | Portfolio Tracking and Performance Analytics |
| Personalized Stock Portfolios | Automated Dividend Tracking and Reinvestment |
| Visualizations and Infographics | Tax Reporting and Optimization Tools |
Our aim is to provide you with a clear understanding of what each platform offers, helping you to make an informed decision when selecting the best tool to optimize your investment journey. Read on to discover which platform aligns best with your financial goals and investment style.
 |  | |
| Service Type | Fundamental analysis and stock valuation | Portfolio tracking and performance analysis |
| Fees | Free and Premium ($9.90 - $29.90/month or $99 - $299/year) | Free and Paid ($0 - $39/month or $0 - $390/year) |
| Customer Support | Email support for all members | Email and phone support for Premium members |
| Best Use | Fundamental analysts who want to analyze and value stocks | Fundamental analysts who want to analyze and value stocks |
| Modest Money Review | Simply Wall St Review | ShareSight Review |
| Current Promotion | Get 33% off! | |
| Modest Money Overall Rating |
| |
| Service Type | Fundamental analysis and stock valuation |
| Fees | Free and Premium ($9.90 - $29.90/month or $99 - $299/year) |
| Customer Support | Email support for all members |
| Best Use | Fundamental analysts who want to analyze and value stocks |
| Modest Money Review | Simply Wall St Review |
| Current Promotion | |
| Modest Money Overall Rating |
| |
| Service Type | Portfolio tracking and performance analysis |
| Fees | Free and Paid ($0 - $39/month or $0 - $390/year) |
| Customer Support | Email and phone support for Premium members |
| Best Use | Fundamental analysts who want to analyze and value stocks |
| Modest Money Review | ShareSight Review |
| Current Promotion | Get 33% off! |
| Modest Money Overall Rating |
Factor 1: Portfolio Tracking
Simply Wall St: Visual Portfolio Analysis
- Sharesight: Comprehensive Performance Tracking
- Both platforms offer mobile apps for on-the-go tracking
Simply Wall St
Simply Wall St is an investment analysis platform that helps investors make informed decisions through visually engaging and easy-to-understand infographics. One of its standout features is its visual portfolio analysis, which provides a comprehensive snapshot of your investments, including performance, diversification, and risk profile. This feature allows you to quickly gauge the health of your portfolio and identify areas that may require rebalancing.
In addition to its web-based platform, Simply Wall St also offers a mobile app for iOS and Android devices, enabling you to track your investments on-the-go.
Sharesight
Sharesight is a portfolio tracking platform designed to help investors monitor their investments and track performance over time. Sharesight’s comprehensive performance tracking includes capital gains, dividends, and currency fluctuations, providing a complete picture of your investment returns. Additionally, Sharesight offers various reports, such as tax and performance reports, making it easier to manage your investments and taxes.
Like Simply Wall St, Sharesight also offers a mobile app for both iOS and Android devices, allowing you to stay up-to-date with your portfolio wherever you are.
Factor 2: Investment Research
Simply Wall St: In-depth Company Analysis
- Sharesight: Limited Research Capabilities
- Simply Wall St offers a unique “Snowflake” analysis
Simply Wall St
One of the significant advantages of Simply Wall St is its in-depth company analysis. The platform offers comprehensive data on individual stocks, including financial statements, valuation metrics, and dividend information. This data is presented through visually engaging infographics, making it easy to understand and interpret complex financial information.
Simply Wall St also provides a unique “Snowflake” analysis, which is a visual representation of a company’s overall investment attractiveness based on various factors, such as value, growth, and dividends. This feature allows investors to quickly assess a stock’s potential and make informed decisions based on the platform’s analysis.
Sharesight
While Sharesight excels in portfolio tracking, its investment research capabilities are limited compared to Simply Wall St. Sharesight primarily focuses on providing performance data and analysis, rather than in-depth company research. As such, investors looking for a comprehensive research platform may find Simply Wall St to be a more suitable option.
Factor 3: Pricing
Simply Wall St: Affordable Annual Subscriptions
- Sharesight: Freemium Model with Limited Features
- Simply Wall St offers more features for the price
Simply Wall St
Simply Wall St offers an affordable annual subscription priced at $120 per year for individual investors. This subscription provides access to all features, including portfolio tracking, in-depth company analysis, and the platform’s unique Snowflake analysis. Considering the comprehensive features offered, Simply Wall St’s pricing is quite competitive.
Sharesight
Sharesight operates on a freemium model, offering a free plan with limited features, such as tracking up to 10 holdings and basic performance reporting. For investors with more extensive portfolios or who require additional features, Sharesight offers two paid plans: the Investor plan, priced at $19 per month, and the Expert plan, priced at $39 per month. While Sharesight’s free plan may be suitable for investors with smaller portfolios, those who require more advanced features and a higher number of tracked holdings will need to opt for one of the paid plans.
When comparing the pricing of Simply Wall St and Sharesight, it is important to consider the features offered by each platform. While Sharesight’s free plan may appeal to some investors, its research capabilities are limited. On the other hand, Simply Wall St provides comprehensive investment analysis and visually engaging portfolio tracking at a competitive annual price.
Simply Wall St vs Sharesight: Our Summary
When comparing Simply Wall St and Sharesight, both platforms offer unique features that cater to different investor needs. However, Simply Wall St stands out as the clear winner in this comparison due to its comprehensive investment research, visually engaging portfolio tracking, and competitive pricing.
Simply Wall St is an excellent choice for investors seeking an in-depth company analysis and visually appealing portfolio tracking tool. Its unique Snowflake analysis allows users to quickly assess a stock’s potential, making it easier to make informed investment decisions. Additionally, the platform’s competitive annual pricing makes it an attractive option for investors looking for a feature-rich platform without breaking the bank.
Click here to get started with Simply Wall St and explore its features.
Sharesight, on the other hand, is a solid portfolio tracking platform that provides comprehensive performance data and analysis. While its research capabilities may be limited compared to Simply Wall St, investors primarily interested in tracking their investments and generating tax reports may find Sharesight to be a suitable option.