>_ alternatives to testfolio
6 portfolio management tools that do a similar job to testfolio, with the facts side-by-side.
See full data, pricing and features on the testfolio profile page.
the tool you're replacing
testfolio— Backtests portfolios with asset allocation comparison, rebalancing modeling, cashflow analysis, and historical risk-return metrics for ETFs.
Multi-assetPortfolio Management$?· models rebalancing and cashflows in historical portfolio simulations
backtests portfolios with asset allocation comparison, rebalancing modeling, cashflow analysis, and historical risk-return metrics for etfs. includes monte carlo simulations, tactical allocation optimization, efficient frontier analysis, factor regression, and withdrawal rate calculators. users can save portfolios, upload data, and download results.
| tool | best for | pricing | plans | who uses it |
|---|---|---|---|---|
| testfolio (this tool) | investors running portfolio simulations and allocation research with etfs | $? free tier | Free $0 · Pro $12.50/month, billed annually · Pro+ $25/month, billed annually | Retail |
| Portfolio Visualizer | investors running historical portfolio backtests, monte carlo simulations, and tactical asset allocation models across funds and asset classes. | FREE free tier | Free $0 | Retail, RIA |
| DeepVest | financial advisors and rias who build custom portfolios, analyze prospect statements for client acquisition, and need institutional-grade research with full compliance documentation. | $$$-CALL free tier | Free $0 · Pro $29.99 | RIA |
| Viewfolio | long-term investors tracking assets and following institutional research mapped to their holdings | $$ | paid $49–$99 | Retail |
| Guardfolio | self-directed investors and risk-conscious retirees who want to see total portfolio risk across every account. | $$ | Guardian Pro $20.99/mo (annual) or $29.99/mo (monthly) · Guardian Elite $28.91/mo (annual promotional) or $59/mo (monthly) | Retail |
| Souppe | 8-dimension risk scoring with single-security suggestions ranked by strengthening impact | FREE-$ free tier | — | — |
| RoboPortfolio | automatic drift flags when any position exceeds 2% off target allocation | FREE free tier | — | — |
free alternatives to testfolio
- Portfolio Visualizer — investors running historical portfolio backtests, monte carlo simulations, and tactical asset allocation models across funds and asset classes. · Free $0
- DeepVest — financial advisors and rias who build custom portfolios, analyze prospect statements for client acquisition, and need institutional-grade research with full compliance documentation. · Free $0 · Pro $29.99
- Souppe — 8-dimension risk scoring with single-security suggestions ranked by strengthening impact
- RoboPortfolio — automatic drift flags when any position exceeds 2% off target allocation
- Portfolio Visualizer— Free backtesting and asset-allocation analysis across funds, asset classes, and custom portfolios with data back to 1987.
- DeepVest— AI portfolio-intelligence platform for financial advisors and RIAs — turns prospect statements into client-ready proposals, runs portfolio backtests, scenario/what-if analysis, and tax optimization, with full audit trails for SEC compliance.Multi-assetPortfolio Management$$$-CALL· Compliance-first AI portfolio analysis with full audit trails — no LLM hallucinations
- Viewfolio— Tracks portfolio performance, visualizes risk, and maps institutional research and news to holdings for long-term investors.Multi-assetPortfolio Tracking$$· maps institutional research and news directly to portfolio holdings
- Guardfolio— Aggregates holdings across brokerages and retirement accounts to surface concentration risk, ETF overlap, allocation drift, and volatility metrics with sync-based alertsMulti-assetPortfolio Tracking$$· ETF look-through analysis reveals duplicate holdings hidden inside funds
- Souppe— Scores portfolios across 8 risk dimensions and suggests specific securities that strengthen weak spots, showing projected impact before purchase.Multi-assetPortfolio ManagementFREE-$· 8-dimension risk scoring with single-security suggestions ranked by strengthening impact
- RoboPortfolio— Provides a Google Sheet that pulls live prices and calculates exact share quantities needed to rebalance a portfolio back to target allocationsMulti-assetPortfolio ManagementFREE· automatic drift flags when any position exceeds 2% off target allocation