Author Topic: Seeking a free portfolio analysis tool that recommends index funds  (Read 2602 times)

Nords

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I subscribe to a stock-picker's e-mails.  They recently sent out a list of their holdings (ticker symbol and percentage of the portfolio) and I thought it would be interesting to compare their analysis to passive index funds.  I want to see (1) whether all their hours of analysis have inadvertently re-created an existing passive ETF or mutual fund and (2) whether they out-performed their target.

I vaguely remember that people used to enter their portfolios into Morningstar's X-ray tool to check the underlying asset allocation and overlap.  I'm trying to do something similar, but when I've finished entering the ticker list into the tool then I'll want to know what funds resemble that list. 

It's been years since I've X-rayed a portfolio, but I checked Morningstar's service.  I can't tell whether the free or paid versions will help me compare a ticker list to an existing fund.  I'm willing to hand over a credit-card number for a free trial, but before I do that I thought I'd see what other resources are available.

Does anyone know of a tool that will accomplish this?  It would need to be fairly in-depth because the picker's top 25 holdings barely constitute 60% of the portfolio. 

I've asked the stock-picker if they're interested in this project (and the post that will come out of it) but they've declined.  They're a one-person outfit (not a corporation) so I don't think that any other bloggers or the media have analyzed their portfolio yet. 

Travis

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Re: Seeking a free portfolio analysis tool that recommends index funds
« Reply #1 on: June 09, 2014, 06:25:35 AM »
I don't know of any tool like that, but with Personal Capital you can input your portfolio and it will analyze it for fees, risk, allocation, and graph out your personal performance while you use their service.  They use this tool as a free teaser to try to get you to hire them as managers, but thankfully it's not a hard sale.  At the time I signed up with them I had 20 or so funds through USAA and discovered I was getting murdered on annual expenses which led me to Bogleheads and Vanguard.

Nords

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Re: Seeking a free portfolio analysis tool that recommends index funds
« Reply #2 on: June 09, 2014, 07:18:55 AM »
I don't know of any tool like that, but with Personal Capital you can input your portfolio and it will analyze it for fees, risk, allocation, and graph out your personal performance while you use their service. 
Thanks.

I guess the word is "overlap".  I want to see if if their holdings duplicate the S&P500 or some other index, so maybe the way to use a tool would be to enter the portfolio and then check it for overlap by entering random indexes from the Wilshire or the Russell or the S&P.

butchmonkey

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Re: Seeking a free portfolio analysis tool that recommends index funds
« Reply #3 on: June 09, 2014, 12:44:09 PM »
Motifinvesting is great for the prospective testing of portfolios comprised of stocks and/or ETFs. I have put together about 10 portfolios that I track so that  I can see how they react to different market movements.

That plus the free trial of the premium version of Morningstar would be the best combo for what you're looking for I would think.


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rmendpara

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Re: Seeking a free portfolio analysis tool that recommends index funds
« Reply #4 on: June 10, 2014, 12:18:41 PM »
Yes, check out Future Advisor (free tool) which will recommend an allocation and good fund choices to help you reach that allocation.

You just input your investment accounts (similar to Mint and Personal Capital) and then go through the survey (age, targets,etc) and it will show you what to buy/sell and how to reach the target allocation as well as recommending funds to get there.

Most of the funds it recommends are Vanguard, I believe, but there may be others.