VOL. XCIV, NO. 247

★ BEST INVESTING TOOLS COMPARISON ★

NO ADVICE

Tuesday, January 6, 2026

Tool Comparison

Alpha Spread vs Magic Formula Investing comparison

Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.

Alpha Spread logo

Alpha Spread

alphaspread.com

PricingFree, Subscription
PlatformsWeb, API
Magic Formula Investing logo

Magic Formula Investing

magicformulainvesting.com

PricingFree
PlatformsWeb

Comparison highlights

  • Tool score: the chart below shows community vote sentiment over the last 8 weeks. Use it as a signal, not a verdict.
  • Overlap: both cover Stock Ideas, and Screeners.
  • Coverage tilt: Alpha Spread has 12 categories you won't get in Magic Formula Investing; Magic Formula Investing has 0 unique categories.
  • Pricing: Alpha Spread is Free, Subscription; Magic Formula Investing is Free.

Category leaders

  • Screeners: not enough category votes yet to call a leader.
  • Watchlist: Alpha Spread is tagged for this workflow; Magic Formula Investing has no category votes yet.

Vote sentiment comparison

Cumulative positive vote share. Loading fresh totals...

Alpha SpreadMagic Formula Investing

Side-by-side metrics

AttributeAlpha SpreadMagic Formula Investing
Asset types

Supported asset classes and universes

Stocks

Stocks

Experience levels

Who each product is built for

Beginner, Intermediate

Beginner, Intermediate, Advanced

Platforms

Where you can access the product

Web, API

Web

Pricing

High-level pricing models

Free, Subscription

Free

Tested

Verified by hands-on testing inside Find My Moat

Not yet

Not yet

Editor pick

Featured inside curated shortlists

Standard listing

Standard listing

Coverage overlap

Shared categories

Categories where both tools offer overlapping coverage.

Magic Formula Investing strengths

Categories covered by Magic Formula Investing but not Alpha Spread.

No unique categories yet.

Frequently Asked Questions

Which workflows do Alpha Spread and Magic Formula Investing both support?

Both platforms cover Stock Ideas, and Screeners workflows, so you can research those use cases in either tool before digging into the feature differences below.

Do Alpha Spread and Magic Formula Investing require subscriptions?

Both Alpha Spread and Magic Formula Investing keep freemium access with optional paid upgrades, so you can trial each platform before committing.

How can you access Alpha Spread and Magic Formula Investing?

Both Alpha Spread and Magic Formula Investing prioritize web or desktop access. Investors wanting a mobile-first workflow may need to rely on responsive web views.

What unique strengths set the two platforms apart?

Alpha Spread differentiates itself with Automatic intrinsic valuation to compare market price vs intrinsic value (includes DCF + relative valuation and scenario analysis)., Company “stock report” sections include: Summary, DCF valuation, Relative valuation, Wall St estimates, profitability & solvency analysis, financials, revenue breakdown, earnings calls, and discount rate., and Analyst estimates / “Stock Forecast” pages with price targets (and the ability to set price alerts from these pages)., whereas Magic Formula Investing stands out for Straightforward screener with only two inputs: minimum market cap (USD, millions) and number of results (30 or 50)., Universe restricted to U.S.-listed equities, excluding financial and utility companies., and Ranks companies on two factors: high earnings yield (low P/E) and high return on capital, with minor accounting adjustments..

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.