Determining the effective rate of return on your investment is a challenging task for various reasons. One of them is the painstaking rebalancing of certain figures. Another one is examining your monthly contributions and reinvested dividends in detail. The third one is the intense work that comes with scrutinizing fees and asset allocations. In fact, you might think that hiring someone to do it for you is the best option. Not always. Sometimes it’s better to start with using automated tools. Here are some of them.

Personal Capital

Personal Capital links your accounts. Then, it tracks the performance, asset allocations, and fees of these accounts. In fact, this tool has a feature known as a 401k Fee Analyzer. Personal Capital uses it to calculate the impact of fees on your 401k investment. This tool produces graphs as well to facilitate the comparison of returns between different accounts. Finally, using Personal Capital on your smartphone is possible because a mobile app version of it exists.


Morningstar compares the cost of an investment and its performance. It looks at various indexes as well. Interestingly, it has an X-Ray feature. This feature helps you see the intricate details of your portfolio including the investments that you hold in ETFs or mutual funds. Some of the details that you will receive include geographical exposure and the allocation of assets. It is worth noting that Morningstar pursues a two-thronged strategy when it comes to its membership program. More specifically, you can join it free or you can pay a premium price for additional features.


Stepium is a cloud mining platform that allows you to create a crypto-landing page with a convenient and easy to use tool. Tracking of these cryptocurrency portfolios with Portfolio Manager is easy and enjoyable. You can check things such as asset allocation, risks, fees, and dividends. Displaying information on graphs and charts is possible as well. Interestingly, Stepium is causing ripples in the investment tracking market.


The producer of TurboTax and Quicken produced this tool as well. This company created Mint with innovative features such as the linking of investment accounts, credit cards, and bank accounts. Another interesting feature is the tracking of investment fees. Mint tracks your performance as well. Many people refer to it as a budgeting software tool because you can track expenditures and investments from one place.

Google Finance

Google values simplicity. In this case, the multibillion-dollar firm created a simple investment tracker known as Google Finance. For example, you can enter your portfolio into it manually or you can upload it using multiple formats. Then Google will track the daily and overall performance of these portfolios once the manual or digital upload is complete. Interestingly, Google provides you with web links to news items related to the companies that it is tracking in your portfolio.