Loading…

How it works

Enter the numbers from your brokerage statements, and Investor's Report Card shows you how each account has really performed against the market, for the life of the account, each year and the latest month. Why it matters: most money managers don't beat the market.

$6.99 / month

One simple monthly subscription covers unlimited portfolios and reports. Start with a 30-day free trial, and cancel anytime.

See pricing

From statement to report card

  1. Create your account

    Sign up on the pricing page with your email and a password, then start your free trial. You won't be charged until the trial ends.

  2. Add a portfolio

    Add one portfolio for each brokerage account: its name, brokerage, account type and money manager. Pick up to three market indexes to compare it with, such as the S&P 500, the Dow Jones and the NASDAQ.

    Statements → Add portfolio

  3. Enter your statement numbers

    From each monthly statement, enter:

    • Balance: the account value at the end of the month (pick the statement month; it is dated the last day)
    • Deposits: money you added, with the date
    • Withdrawals: money you took out, with the date

    Deposits and withdrawals are factored in, so your results show what your money earned, not what you added.

    Enter a balance for every month, with no gaps, so each period on your report starts in the right month.

    Statements → Add a balance, deposit or withdrawal

  4. Get your report card

    Choose New report and pick the portfolio. The report covers every month through your latest balance, and opens right on the Reports page:

    • Bar chart: annualized return for the life of the account, each year and that month, side by side with your indexes
    • Line chart: how the account grew over its life and this year, against the same indexes

    Download either one as a PDF to keep or share with your advisor. See a sample report.

    Reports

Add each new statement when it arrives and create a new report. Your past reports are kept, so you can always look back at any month.

Your report card grade

Every bar chart on a report gets a letter grade, like a school report card: Account Life, each shorter period and each calendar year. It compares your account's return over that period with the average return of the indexes you chose for the portfolio (one to three).

GradeYour account vs. the index average
A++5% or more
A+3% to +5%
A−+2% to +3%
B++1% to +2%
B0% to +1%
B−0% to −1%
C+−1% to −2%
C−2% to −3%
C−−3% to −4%
D−4% to −6%
Fworse than −6%
IIncomplete: a period under 3 months
  • Under 3 months (three monthly balances or fewer, such as this year's chart in January or February), the grade is I (Incomplete): a few weeks of returns say little about how an account is managed.
  • 3 to 12 months: the account's total return for the period is compared with the indexes'.
  • 12 months or more: the yearly (annualized) returns are compared.
  • Matching the market earns a B. An index fund gets the market's return at very little cost, so it takes beating the market to earn an A.

The grade comes from the index comparison, so it has the same limits; see About the index comparison.

About the index comparison

Your account's return and the index returns are measured differently, so treat the comparison as a guide, not an exact match:

  • Deposits and withdrawals. Your return accounts for when you added or took out money. The index returns don't: they show how each index moved from the start to the end of the period. If you added money just before the market rose or fell, your return and the index returns can differ for that reason alone.
  • Dividends and interest. Each index is measured with a fund that tracks it, such as SPY for the S&P 500, DIA for the Dow Jones, ONEQ for the NASDAQ and AGG for US bonds. Like your account, the fund's return includes the dividends and interest it received. See how each one has done lately on Index returns.
  • Fees. Your return is after any fees you paid. The funds' returns are after their own fees, which are small (about 0.1–0.2% a year).
  • What the account holds. Stock indexes rise and fall more than an account that also holds bonds or cash. For a mixed account, compare it with US Bonds (AGG) as well as a stock index, or keep in mind it's built to move less than either.

Reports show past results only. They are not investment advice or a recommendation about any investment or money manager.

Start your 30-day free trial

Questions? Contact us.

Is your money manager beating the market?

See a sample report