VOL. XCIV, NO. 247

★ FINANCIAL TOOLS & SERVICES DIRECTORY ★

PRICE: 5 CENTS

Monday, November 10, 2025

Tool Comparison

okama vs Portfolio123 comparison

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

Quick takeaways

okama adds Risk Metrics (VaR/ES/Drawdown), Monte Carlo, ETF Performance, Inflation Rates, and Interest Rates coverage that Portfolio123 skips.

Portfolio123 includes Screeners, Calendar, APIs & SDKs, and Broker Connectors categories that okama omits.

In depth comparison

okama

okama.io

Hands-on review

Free open-source toolkit for portfolio analysis and market data. Okama offers web widgets, an API, and a Python library with efficient frontiers, risk metrics, and Monte Carlo simulations. Market and macro data is available end-of-day, with live prices delayed by ~15–20 minutes.

Platforms

WebAPI

Pricing

Free

Quick highlights

Interactive Efficient Frontier (mean–variance) widget for quick visualization.
Compare-assets widget covering returns, drawdowns, CVaR, and correlations.
Portfolio widget built on adjusted monthly data for risk/return analysis.
Python library supports mean–variance optimization, rebalancing scenarios, backtesting, and advanced risk metrics such as VaR, CVaR, semideviation, and drawdowns.
Monte Carlo simulations and wealth-index forecasts with percentile bands.

Community votes (overall)

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Portfolio123

portfolio123.com

Editor’s pick Hands-on review

Quant research and live-deployment platform with point-in-time fundamentals and estimates. Users can screen, backtest, and simulate strategies, then deploy them live with broker integrations. Supports API access and a no-code desktop DataMiner. FactSet or S&P Compustat licenses are required for full historical fundamentals.

Platforms

WebDesktopAPI

Pricing

FreeSubscription

Quick highlights

Build custom multi-factor ranking systems and rank stocks by universe, sector, or industry.
Spreadsheet-style screening with formulas (including Piotroski F-Score) across current and historical data.
Backtesting with realistic assumptions for slippage, commissions, buy/sell rules, position sizing, and hedging.
‘Books’ feature to combine multiple strategies and view correlations between them.
Point-in-time fundamentals, estimates, and corporate actions with dividends handled on ex/pay dates (no survivorship bias or look-ahead).

Community votes (overall)

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Where they differ

okama

Distinct strengths include:

Risk Metrics (VaR/ES/Drawdown)Monte Carlo ETF Performance Inflation Rates Interest Rates

Interactive Efficient Frontier (mean–variance) widget for quick visualization.
Compare-assets widget covering returns, drawdowns, CVaR, and correlations.
Portfolio widget built on adjusted monthly data for risk/return analysis.
Python library supports mean–variance optimization, rebalancing scenarios, backtesting, and advanced risk metrics such as VaR, CVaR, semideviation, and drawdowns.

Portfolio123

Distinct strengths include:

Screeners Calendar APIs & SDKs Broker Connectors

Build custom multi-factor ranking systems and rank stocks by universe, sector, or industry.
Spreadsheet-style screening with formulas (including Piotroski F-Score) across current and historical data.
Backtesting with realistic assumptions for slippage, commissions, buy/sell rules, position sizing, and hedging.
‘Books’ feature to combine multiple strategies and view correlations between them.

Feature-by-feature breakdown

Attribute	okama	Portfolio123
Categories Which research workflows each platform targets	Shared: Quant, Data Visualizations, Portfolio, Correlation, Backtesting, Data APIs Unique: Risk Metrics (VaR/ES/Drawdown), Monte Carlo, ETF Performance, Inflation Rates, Interest Rates	Shared: Quant, Data Visualizations, Portfolio, Correlation, Backtesting, Data APIs Unique: Screeners, Calendar, APIs & SDKs, Broker Connectors
Asset types Supported asset classes and universes	Stocks, ETFs, Commodities, Currencies, Mutual Funds	Stocks, ETFs
Experience levels Who each product is built for	Beginner, Intermediate, Advanced	Beginner, Intermediate, Advanced
Platforms Where you can access the product	Web, API	Web, Desktop, API
Pricing High-level pricing models	Free	Free, Subscription
Key features Core capabilities called out by each vendor	Unique Interactive Efficient Frontier (mean–variance) widget for quick visualization. Compare-assets widget covering returns, drawdowns, CVaR, and correlations. Portfolio widget built on adjusted monthly data for risk/return analysis. Python library supports mean–variance optimization, rebalancing scenarios, backtesting, and advanced risk metrics such as VaR, CVaR, semideviation, and drawdowns. Monte Carlo simulations and wealth-index forecasts with percentile bands. Free end-of-day market and macroeconomic data via API, including equities, ETFs, mutual funds, commodities, currencies, indexes, inflation, policy rates, and CAPE10 ratios.	Unique Build custom multi-factor ranking systems and rank stocks by universe, sector, or industry. Spreadsheet-style screening with formulas (including Piotroski F-Score) across current and historical data. Backtesting with realistic assumptions for slippage, commissions, buy/sell rules, position sizing, and hedging. ‘Books’ feature to combine multiple strategies and view correlations between them. Point-in-time fundamentals, estimates, and corporate actions with dividends handled on ex/pay dates (no survivorship bias or look-ahead). Coverage of 15,000+ equities in the U.S., Canada, and Europe, including delisted stocks and spinoffs.
Tested Verified by hands-on testing inside Find My Moat	Yes	Yes
Editor pick Featured inside curated shortlists	Standard listing	Highlighted

Frequently Asked Questions

Which workflows do okama and Portfolio123 both support?

Both platforms cover Quant, Data Visualizations, Portfolio, Correlation, Backtesting, and Data APIs workflows, so you can research those use cases in either tool before digging into the feature differences below.

Do okama and Portfolio123 require subscriptions?

Both okama and Portfolio123 keep freemium access with optional paid upgrades, so you can trial each platform before committing.

How can you access okama and Portfolio123?

Both okama and Portfolio123 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?

okama differentiates itself with Interactive Efficient Frontier (mean–variance) widget for quick visualization., Compare-assets widget covering returns, drawdowns, CVaR, and correlations., and Portfolio widget built on adjusted monthly data for risk/return analysis., whereas Portfolio123 stands out for Build custom multi-factor ranking systems and rank stocks by universe, sector, or industry., Spreadsheet-style screening with formulas (including Piotroski F-Score) across current and historical data., and Backtesting with realistic assumptions for slippage, commissions, buy/sell rules, position sizing, and hedging..

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