FRED (Federal Reserve Economic Data) vs Portfolio123 comparison

FRED (Federal Reserve Economic Data) focuses on Inflation Rates, Unemployment Rates, and GDP while Portfolio123 specializes in Screeners, Data Visualizations, and Quant. They overlap in 6 categories, so choose based on your preferred workflow and pricing.

Good news—both FRED (Federal Reserve Economic Data) and Portfolio123 offer free plans. You can try each platform without commitment and only pay when you need premium features.

FRED (Federal Reserve Economic Data) has a mobile app so you can check your research on the go. Portfolio123 is web-only, so you'll need a browser to access it from mobile devices.

Yes, both platforms offer API access for developers and quants who want to build custom integrations or automate their workflows.

Choose FRED (Federal Reserve Economic Data) if you need 800,000+ economic data series from 100+ sources, covering topics such as GDP, prices/inflation, employment, exchange rates, and interest rates., and Browse and track data via categories, releases, sources, and tags; series pages show metadata like units/frequency and “last updated / next release” fields.. Go with Portfolio123 if Web‑based quant research terminal for building multifactor ranking systems, stock/ETF screens, and complete rules‑based strategies with no programming, powered by point‑in‑time FactSet data and marketed as free of survivorship and look‑ahead bias., and Supports realistic simulations and backtests over roughly 20 years of history for US, Canadian, and European equities, with custom universes, separate buy/sell rules, position sizing, hedging, and “Book of Strategies” to combine and analyze correlated systems. better fits how you invest.

Both cover common asset types. FRED (Federal Reserve Economic Data) also includes Other. Portfolio123 adds coverage for Stocks, ETFs, and Closed-End Funds.

Portfolio123 offers real-time data feeds, which is essential for active traders. FRED (Federal Reserve Economic Data) uses delayed or end-of-day data, which works fine for longer-term investors who don't need up-to-the-second quotes.

FRED (Federal Reserve Economic Data) supports data exports to Excel, Image, JSON, and XML. Portfolio123 has more limited export options.

Portfolio123 connects with brokers for portfolio syncing. FRED (Federal Reserve Economic Data) requires manual portfolio entry or data import.

Portfolio123 includes a stock screener for finding investment ideas. FRED (Federal Reserve Economic Data) focuses on other analytical tools.

Portfolio123 offers portfolio tracking features. FRED (Federal Reserve Economic Data) is more focused on research and analysis.