Best Sharesight alternatives for Australian investors in 2026
Sharesight has been the go-to portfolio tracker for Australian investors for a long time. But with recent price increases and a free tier limited to just 10 holdings, many investors are looking for alternatives that offer better value without giving up the features that matter most.
If you invest on the ASX, you need a tracker that understands franking credits, the 50% CGT discount for holdings over 12 months, and EOFY tax reporting. Not every portfolio tracker handles these correctly.
Disclaimer: This article is for informational purposes only and does not constitute financial or tax advice. Consult a qualified tax professional for advice specific to your circumstances.
Why Australians are leaving Sharesight
The most common reasons investors are looking for alternatives come down to cost and value:
- Free tier is limited to 10 holdings. If you hold even a modest portfolio of ETFs and individual shares, you will outgrow this quickly.
- Paid plans have increased in price. The plans that include features like tax reporting and multiple portfolios can cost well over $200/year.
- Features are gated behind expensive tiers. Tax loss harvesting, multi-currency support, and advanced reporting require higher-tier plans.
For investors who want solid portfolio tracking without paying a premium, there are now viable alternatives.
What Australian investors need from a tracker
Not all portfolio trackers understand the Australian tax system. Before switching, make sure your new tool supports:
- ASX stocks and ETFs with accurate pricing
- Franking credits tracked at the dividend level
- CGT discount automatically applied to holdings over 12 months
- EOFY tax reports that summarise your dividends, capital gains, and franking credits
- Multiple brokers so you can track CommSec, SelfWealth, Stake, and others in one place
Top alternatives for Australian investors
TrackMyShares
TrackMyShares supports ASX shares, US stocks, and cryptocurrencies. It tracks franking credits on every dividend, automatically applies the 50% CGT discount for holdings over 12 months, and generates EOFY tax reports that break down your dividends, capital gains, and franking credits.
The free tier includes one cost-basis portfolio with up to 20 holdings. PRO costs $49.99/year or $5.99/month and unlocks unlimited portfolios, unlimited holdings, tax reports, email forwarding (forward your broker confirmation emails to automatically log transactions), dividend calendar, rebalancing, and tax loss harvesting suggestions.
TrackMyShares also offers free tools including a capital gains tax calculator, ETF comparison tool, dividend calculator, and DCA vs lump sum calculator, all available without an account.
Navexa
Navexa is an Australian-built portfolio tracker with strong ASX support. It handles franking credits, CGT calculations, and offers detailed performance reporting using CAGR methodology. Navexa offers a free plan with basic features, and paid plans starting from around $12 AUD/month for advanced reporting. It is a solid option if you invest exclusively in Australian markets, though it does not support tax reporting for US, UK, Canadian, or NZ taxes.
Sharesight free tier
If your portfolio is small enough, the Sharesight free tier still works. You get one portfolio with up to 10 holdings, basic dividend tracking, and limited reporting. The moment you need more holdings, multiple portfolios, or detailed tax reports, you will need to upgrade to a paid plan.
Yahoo Finance
Yahoo Finance is free and supports ASX stocks, but it does not track franking credits, calculate CGT, or generate tax reports. It works as a basic watchlist and price tracker but is not a replacement for a dedicated portfolio tracker when tax time comes around.
Spreadsheets
Building your own spreadsheet in Google Sheets or Excel gives you complete control and costs nothing. You can pull ASX prices using Google's GOOGLEFINANCE function and build custom formulas for franking credits and CGT calculations. The trade-off is significant: no automation, no email forwarding, and the ongoing maintenance burden grows with every trade.
Feature comparison
| Feature | TrackMyShares | Navexa | Sharesight (free) | Yahoo Finance | Spreadsheet |
|---|---|---|---|---|---|
| Price | $49.99/yr | Free / ~$144 AUD/yr | Free (10 holdings) | Free | Free |
| ASX support | Yes | Yes | Yes | Yes | Manual |
| Franking credits | Yes | Yes | Yes | No | Manual |
| CGT discount (50%) | Yes | Yes | Yes | No | Manual |
| EOFY tax report | Yes | Yes | Paid plans only | No | Manual |
| Email forwarding | Yes | No | No | No | No |
| US stocks | Yes | Yes | Yes | Yes | Manual |
| Tax loss harvesting | Yes | Unrealised CGT only | Paid plans only | No | No |
Switching from Sharesight
If you are currently on Sharesight and want to switch, the process is straightforward:
- Export your transactions from Sharesight as a CSV file
- Import into your new tracker using the CSV import feature
- Verify your holdings to make sure cost bases and transaction dates match
TrackMyShares supports CSV imports from multiple broker formats, making the transition as painless as possible.
Which alternative is right for you?
If you want the best value with full AU tax support: TrackMyShares offers franking credits, CGT discount, EOFY reports, and email forwarding at $49.99/year.
If you want an Australian-built alternative: Navexa has strong ASX-specific features, though at a higher price point and without multi-jurisdiction tax support.
If your portfolio is tiny: The Sharesight free tier still works for 10 holdings or fewer.
If you just need prices and news: Yahoo Finance is free and covers ASX.
For most Australian investors who have outgrown Sharesight's free tier or want to save on their paid plan, TrackMyShares offers the most comprehensive feature set at the best price.
Start your free trial or try our free CGT calculator with no account needed.