If you’re looking for the best stock tracking app, there are a few opportunities to stay on top of the situation. Here are the top five stock tracking apps.
1. Personal Capital — Best Stock Tracking App
Personal Capital is a great choice because it offers a holistic view of your finances–including your investments. On top of seeing your investment assets and how they fit in with the rest of your money choices, Personal Capital also offers a premium investment management service.
You don’t have to pay for management services to get access to some portfolio tools, however. Here are some of the free services included when you use Personal Capital:
401(k) Fee Analyzer
Connect your 401(k) plan to Personal Capital and you’ll get a free fee analysis. You might be surprised at the fees charged by employer-sponsored plans. You can get an idea of how much you’re losing to fees, as well as get helpful hints on where you could move your money to avoid some of the high fees.
Retirement Calculator
Use Personal Capital’s Retirement Calculator to figure out whether your current portfolio will support the retirement you want. You can see how much you’re likely to need in retirement and adjust your contributions and investments to meet your long-term needs.
Investment Checkup
With the help of this tool, you can manage your own portfolio. After reviewing your assets, you can get tips on rebalancing and risk tolerance to see what tweaks you can make for a portfolio more likely to help you reach your goals.
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2. SigFig Portfolio Tracker
The SigFig Portfolio Tracker tool is free to use and available on Android and iOS. With this stock tracking app, you can see every asset you own after connecting your account to the brokerages that hold your portfolio. You can even connect your retirement accounts.
With the SigFig Portfolio Tracker, you receive the following free tools:
External Analysis
Find the fees you’re paying and get suggestions for moving your money to assets that are more efficient. You can also get information about whether you’re overexposed to a specific industry or stock. This can be helpful, especially when you consider the overlap in many mutual funds and ETFs.
Real-Time Market Tracking
Get news and commentary, as well as real-time price action. You can see exactly what’s going on right at this minute.
Live Support
One feature that sets SigFig apart is the access to live chat and phone support–even with the free version. You can talk to someone to get a little help. Additionally, if you decide you want more involved help, SigFig offers a paid premium robo-advisor option.
3. Morningstar
While it costs $145 per year to subscribe to Morningstar, it can be worth it for the in-depth analyses on stocks and mutual funds. Morningstar offers comprehensive ratings for stocks and mutual funds, and you can set up your online portfolio to see information on all your holdings. Plus, with your subscription, you get access to various guides, webinars and other resources.
Portfolio X-Ray
Morningstar’s Portfolio X-Ray takes analysis of your holdings to the next level. Not only can you see whether you’ve got too much overlap, but Morningstar will show you exactly how much of each stock a mutual fund is holding, and the dollar amount represented in your own portfolio.
For investors that focus heavily on funding investing and asset allocation, this is a valuable tool that can help you make adjustments as needed. You might be surprised to discover that your portfolio asset allocation needs to be rebalanced, just due to fund overlap.
4. Ticker: Stocks Portfolio Manager
This is the best stock tracking app mainly because of the way it’s possible to track multiple stock portfolios from a single dashboard. It’s possible to divide your portfolios according to your goals (growth vs. retirement) or by sector (technology vs. utilities) and see what’s happening with everything.
Ticker provides you with the ability to see real-time values, and analyze your daily profit and loss, and even see time-weighted rate of return. The tool also curates relevant news based on the ticker symbols in your portfolio.
This app takes a little more work to be effective, however. You might need to manually enter some trade information on your positions. You can also create watch lists and alerts to help you decide when to buy or sell.
While this app might not be ideal for more hands-off investors, it’s a great tool for active traders who are interested in building and tracking dynamic portfolios.
5. Yahoo!Finance
If you’re more interested in getting information about ticker symbols and getting access to real-time and relevant news, the Yahoo!Finance app is a great choice. You can use it on Android and iOS, as well as access information online.
Add your stocks and funds to the app to get real-time news, information and quotes on your assets. You can see historical data and charts, and even get information on futures. It’s also possible to track assets beyond stocks, including bonds, commodities, currencies and international stocks and funds.
Because the app is free, though, you can expect to see quite a few ads. This can be distracting, but the information provided is rich and can help you make better decisions with your portfolio.
Other Sources of Information
There are plenty of other sources of information if you want access to the best stock tracking app. Some other places to get news, build watch lists and see what’s happening with your portfolio (and stocks in general) include:
- Marketwatch: Get real-time information about indices and investments, as well as news about the market. You can also build watch lists and see historical data for various ticker symbols.
- Sharesight: This portfolio tracker tool allows you to see what’s going on, as well as track your real returns and see the benefit from dividends. However, it comes with a monthly fee ranging from $12 to $25 after your first 10 holdings.
- Mint: While focusing mainly on budgeting, Mint has added the ability to track your investment accounts when you link them. You can see the fees and how they impact your returns. The tools aren’t as robust as what you get with Personal Capital, but it’s worth a look.
Read More:Â The Best Way to Track Your Investments Online
Bottom Line: Choosing the Best Stock Tracking App for You
The best stock tracking app for you depends on your situation and portfolio, as well as the type of investor you are. One of the reasons Personal Capital works so well for many people is because it offers insight into your holdings while integrating your portfolio into the rest of your financial picture. However, other stock tracking apps can also help you get a solid picture of what’s going on with your money.
Take a look at your portfolio, investing style and figure out what is likely to provide you with the best information for your situation. It’s even possible to combine your use of multiple apps, based on different goals you have. Using Personal Capital with the Ticker app, for example, can help you balance your holistic financial picture with a desire for active trading with a portion of your portfolio.
In the end, this list of stock tracking apps are all great tools, so it’s up to you to see what will work best for you.
