THE COMMUNITY-RANKED FREE INVESTING TOOL LEADERBOARD

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Live community ranking · Top 25 free risk metrics tools

Best Free Risk Metrics Tools for Investors

The free risk metrics platforms investors trust most, ranked by the people who actually use them.

Every tool here offers a genuine free tier, ranked by community votes and light editorial curation. We filtered 31 total risk metrics tools inside a directory of more than 362 investing platforms down to 25 free risk metrics platforms, so you can compare useful zero-cost options before moving into paid upgrades. Use this shortlist to compare pricing limits, platforms, and decision signals, then open any tool for the full breakdown.

Community-ranked · Free tiers only · Not financial advice

Top 10 Tools

  1. 1
    ETF Insider logo
    Top pick

    ETF Insider analyzes stocks, ETFs, and mutual-fund portfolios for holdings overlap, concentration, correlations, exposure, and efficient-frontier tradeoffs. Full holdings and Excel export require Pro; API and white-label access require Enterprise.

    Best for
    ETF screeningPortfolio analyticsPortfolio tracking
    Fund researchFactor screening
    Watch-outs
    U.S.-listed asset focusFull holdings depth is paid
    0Category votes
    Free tierFree with signup
    PricingFree • From $14/mo
    Platforms
    Visit site
  2. 2

    Portfolio Performance is a free open-source desktop tracker for detailed performance accounting, TTWROR and IRR, currencies, rebalancing, imports, and privacy without broker credentials. It suits hands-on investors willing to maintain local transactions, with a mostly read-only mobile companion.

    Best for
    Portfolio trackingPortfolio analyticsLong-term portfolio tracking
    Portfolio watchlists
    Watch-outs
    Desktop-first workflowNo broker sync
    0Category votes
    Free tierFree, no signup
    PricingFree • Paid plans available
    Platforms
    Visit site
  3. 3

    Stock Analysis combines screeners, financial statements, calendars, news, charts, forecasts, watchlists, and portfolios on web and mobile. Paid plans add longer history, higher limits, exports, ETF holdings, broker sync, and analyst filters. The service does not provide brokerage execution, advice, or programmatic data access.

    Best for
    Stock researchStock screeningPortfolio tracking
    ChartingFundamental research
    Watch-outs
    No public APIFree access has ads and data limits
    0Category votes
    Free tierFree, no signup
    PricingFree • From $79/yr
    Platforms
    Visit site
  4. 4

    TipRanks combines analyst ratings, targets, expert rankings, Smart Score, AI analysis, news sentiment, insider signals, hedge-fund activity, and portfolios. It is useful for comparing market views quickly, with Premium and Ultimate adding deeper expert, portfolio, export, and AI tools.

    Best for
    Analyst ratingsQuant ratingsStock research
    Portfolio analyticsFinancial data API
    Watch-outs
    Best tools are paidFree API and MCP quotas are small
    0Category votes
    Free tierFree with signup
    PricingFree • From $29.95/mo
    Platforms
    Visit site
  5. 5

    Delta by eToro is a read-only tracker for stocks, ETFs, funds, crypto, NFTs, forex, commodities, indices, brokers, exchanges, and wallets. Use it to see several accounts in one place. It adds visibility, not another trading venue.

    Best for
    Portfolio trackingPortfolio analyticsDividend analysis
    Portfolio alertsMarket monitoring
    Watch-outs
    Free tier is asset-cappedPricing varies by market
    0Category votes
    Free tierFree with signup
    PricingFree • From $53.88/yr
    Platforms
    Visit site
  6. 6

    ETFdb is a VettaFi database and screener for U.S.-listed ETFs and ETPs. Filter by returns, flows, expenses, ESG, dividends, risk, holdings, taxes, technicals, and ratings, then use the results for structured fund selection.

    Best for
    ETF screeningFund researchPortfolio watchlists
    Market monitoringResearch reports
    Watch-outs
    U.S.-listed ETF scopeDownloads are paid and trial-limited
    0Category votes
    Free tierFree, card required
    PricingFree • From $199/yr
    Platforms
    Visit site
  7. 7

    FactorsToday publishes factor returns and stock exposures through web tools, downloads, and an open REST API. Its portfolio analysis, attribution, optimizer, factor builder, and hedge builder are research models, not brokerage or accounting systems.

    Best for
    Quant researchPortfolio analyticsStrategy backtesting
    Financial data APIAI agent data access
    Watch-outs
    Pricing not publishedAdvanced quant workflow
    0Category votes
    Free tierFree, no signup
    PricingFree
    Platforms
    Visit site
  8. 8

    FX Replay lets traders replay forex, futures, stocks, crypto, and commodity markets in a browser. It supports multi-chart sessions, multi-asset tests, journaling, checklists, risk simulation, CSV import, and an economic calendar. It does not automate strategies or place live broker orders.

    Best for
    Strategy backtestingPaper tradingTechnical analysis
    Market monitoringPortfolio analytics
    Watch-outs
    Manual replay, not automated strategy engineSeconds, futures, and stocks require Pro
    0Category votes
    Free tierFree with signup
    PricingFree • From $17.99/mo
    Platforms
    Visit site
  9. 9

    LIQN, or Liquidation Nation, tracks factors and themes across more than 3,000 U.S. equities. It combines factor maps, flow and short-interest context, historical analysis, crowd and podcast signals, news, event exposures, thesis prompts, and custom baskets.

    Best for
    Market monitoringMarket mapsQuant research
    Factor screeningAI research workspace
    Watch-outs
    Roadmap features are not current capabilitiesContext is not a trade signal
    0Category votes
    Free tierFree with signup
    PricingFree
    Platforms
    Visit site
  10. 10

    Marketlog tracks portfolios on web and mobile through manual or broker-connected holdings, dividends, goals, target allocation, benchmarks, forecasts, alerts, market pages, calendars, and portfolio sharing. It is useful for monitoring positions and behavior, not for brokerage, advice, execution, or a public market-data API.

    Best for
    Portfolio trackingPortfolio analyticsDividend analysis
    Portfolio alertsLong-term portfolio tracking
    Watch-outs
    Not a broker or adviserFree plan is manual
    0Category votes
    Free tierFree with signup
    PricingFree • From $79.99/yr
    Platforms
    Visit site
  1. 11

    okama is an open-source portfolio analytics toolkit with web widgets, a REST API, and Python for efficient frontiers, risk, Monte Carlo, cash flows, and historical market or macro data. It suits technical users who want reproducible analysis.

    Best for
    Portfolio analyticsStrategy backtestingQuant research
    Market data APIPortfolio tracking
    Watch-outs
    Developer-oriented workflowNot account tracking
    0Category votes
    Free tierFree, no signup
    PricingFree
    Platforms
    Visit site
  2. 12

    OnlyDividends is a privacy-first dividend tracker with manual holdings, paydays, withholding-tax estimates, income charts, calendars, health scores, and mobile access. Free supports a small portfolio; Premium raises limits. It is not a broker, tax-lot system, rebalancer, API, or full ledger.

    Best for
    Dividend analysisPortfolio trackingPortfolio analytics
    Portfolio alertsLong-term portfolio tracking
    Watch-outs
    Manual holdings onlyFree and Premium stock caps
    0Category votes
    Free tierFree, no signup
    PricingFree • Paid plans available
    Platforms
    Visit site
  3. 13

    Portfolio Visualizer backtests allocations, runs Monte Carlo, optimizes portfolios, analyzes factors and correlations, and researches funds. It suits DIY investors, analysts, and advisers. Free is constrained; paid tiers add larger portfolios, saving, imports, exports, and commercial use. It is not a broker or live ledger.

    Best for
    Strategy backtestingPortfolio analyticsQuant research
    Factor screeningFund research
    Watch-outs
    Free tier is constrainedAnnual billing
    0Category votes
    Free tierFree with signup
    PricingFree • From $360/yr
    Platforms
    Visit site
  4. 14

    PortfoliosLab offers portfolio backtesting, optimization, risk, correlations, screens, and AI-assisted workflows across stocks, ETFs, funds, crypto, and models. Paid plans add more history, imports, exports, and MCP access.

    Best for
    Portfolio analyticsStrategy backtestingPortfolio tracking
    ETF screeningStock screening
    Watch-outs
    Free tier is smallNot brokerage accounting
    0Category votes
    Free tierFree with signup
    PricingFree • From $8.33/mo
    Platforms
    Visit site
  5. 15

    Portseido tracks transactions, performance, dividends, allocations, risk, benchmarks, lots, currencies, and custom assets on web and mobile. Free and Plus suit smaller portfolios; Pro removes limits after a no-card trial. It is not a broker, live sync system, tax filer, public API, or adviser platform.

    Best for
    Portfolio trackingPortfolio analyticsDividend analysis
    Long-term portfolio trackingPortfolio watchlists
    Watch-outs
    Free and Plus tiers have transaction capsNo verified live broker sync
    0Category votes
    Free tierFree with signup
    PricingFree • From $8/yr
    Platforms
    Visit site
  6. 16

    Sharesight records portfolios, dividends, performance, and tax reports across brokers and asset types. It is built for DIY investors, accountants, advisers, and family offices. It does not place trades or replace a tax professional for complex filings.

    Best for
    Portfolio trackingPortfolio analyticsDividend analysis
    Advisor client reportingPortfolio alerts
    Watch-outs
    Free plan is capped at 10 holdingsAdvanced reports require paid tiers
    0Category votes
    Free tierFree with signup
    PricingFree • Paid plans available
    Platforms
    Visit site
  7. 17

    Snowball Analytics tracks portfolios, performance, dividends, and allocations through web and mobile applications. It supports broker and file imports, multiple currencies, benchmarks, fund look-through, and historical portfolio tests. It is not a broker, registered adviser, or tax-filing service.

    Best for
    Portfolio trackingPortfolio analyticsDividend analysis
    Portfolio alertsStrategy backtesting
    Watch-outs
    Free plan is intentionally limitedBroker sync requires paid tier
    0Category votes
    Free tierFree with signup
    PricingFree • From $79.99/yr
    Platforms
    Visit site
  8. 18

    Stock Rover combines fundamental data, portfolio analytics, dividend tracking, valuation tools, reports, ratings, broker-linked portfolios, and alerts. Coverage centers on North American securities. It does not provide trade execution or full strategy backtesting.

    Best for
    Stock screeningETF screeningPortfolio analytics
    Fundamental researchResearch reports
    Watch-outs
    North America-focused coverageFull strategy backtesting is not a formal feature
    0Category votes
    Free tierFree with signup
    PricingFree • From $34/mo
    Platforms
    Visit site
  9. 19

    Testfol.io is a portfolio backtesting site for allocations, cash flows, rebalancing, tactical signals, correlations, and historical risk and return. Free use remains available; paid tiers add analytics, uploads, downloads, alerts, and cloud features. Backtests use historical assumptions and are not execution or guarantees.

    Best for
    Strategy backtestingPortfolio analyticsQuant research
    Portfolio tracking
    Watch-outs
    Free account unlocks important limitsBacktesting is not execution
    0Category votes
    Free tierFree, no signup
    PricingFree • From $15/mo
    Platforms
    Visit site
  10. 20

    The Ledger Terminal is a web fundamental-research service with one-page U.S. stock sheets, valuation charts, quality checks, screens, comparisons, and SEC-linked history. It is built for long-term business analysis, not trading or portfolio accounting.

    Best for
    Stock researchFundamental researchValuation modeling
    Stock screeningVisual stock research
    Watch-outs
    US-led coverageNo trading or portfolio accounting
    0Category votes
    Free tierFree, no signup
    PricingFree • From $100.80/yr
    Platforms
    Visit site
  11. 21

    Total Real Returns charts nominal and inflation-adjusted total returns with dividends reinvested. It provides tables, drawdowns, normalization, and multi-symbol comparisons with end-of-day updates. It is deliberately narrow, not a screener, broker, API, or portfolio tracker.

    Best for
    Visual stock researchStock researchHistorical market data
    Portfolio analytics
    Watch-outs
    Focused charting toolData and calculations are not guaranteed
    0Category votes
    Free tierFree, no signup
    PricingFree
    Platforms
    Visit site
  12. 22

    Tradervue is a trading journal for imports, charts, performance, sharing, mentoring, MFE/MAE, R-based risk reports, exports, and a REST API across stocks, ETFs, futures, forex, and options. Free is limited to 30 grouped trades monthly; Silver and Gold add more reports.

    Best for
    Portfolio trackingPortfolio analyticsBroker-connected trading
    Research reportsMarket monitoring
    Watch-outs
    Free plan is cappedJournal, not broker
    0Category votes
    Free tierFree with signup
    PricingFree • From $29.95/mo
    Platforms
    Visit site
  13. 23

    Trefis combines public company data, valuation models, risk and return comparisons, trade ideas, and model portfolios. Its software also converts Excel models into web dashboards. Paid research and software plans start at $19.95 per month.

    Best for
    Valuation modelingVisual stock researchStock research
    Fundamental researchResearch reports
    Watch-outs
    Useful features are plan-limitedModel assumptions drive output
    0Category votes
    Free tierFree, no signup
    PricingFree • From $19.95/mo
    Platforms
    Visit site
  14. 24

    Wealthfolio is a local-first portfolio tracker for holdings, performance, dividends, net worth, and imports. It suits investors who want privacy and manual control, not brokerage execution, a market terminal, or a hosted tax service.

    Best for
    Portfolio trackingPortfolio analyticsLong-term portfolio tracking
    Watch-outs
    No native Android appBroker sync is paid, daily, and uneven
    0Category votes
    Free tierFree, no signup
    PricingFree • From $3.99/mo
    Platforms
    Visit site
  15. 25

    Zenvesto is a portfolio and market-monitoring app for stocks and crypto with watchlists, gainers, losers, alerts, and basic research views. It is a lightweight tracking tool, not a full terminal, broker, or tax-accounting system.

    Best for
    Portfolio trackingPortfolio analyticsDividend analysis
    Portfolio watchlistsMarket monitoring
    Watch-outs
    Coverage claims need careAdvanced workflows are plan-gated or pending
    0Category votes
    Free tierFree with signup
    PricingFree • From $8.99/mo
    Platforms
    Visit site

Want the complete picture?

Compare all 31 risk metrics tools, including premium upgrades and advanced tiers, to see exactly what you gain beyond a free plan.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.