Sharesight Alternatives for Australian Investors (2026)

Sharesight is the best-known share portfolio tracker in Australia, and for good reason: it handles dividends, corporate actions and tax reports automatically. But its free plan stops at 10 holdings, and paid plans run from $108 to $588 a year. If that's more than you need, here are the alternatives.

I build Covely, one of the options below. It's a different kind of tool from Sharesight, and I've tried to be clear about where Sharesight is still the better choice. Prices are in Australian dollars, include GST, and were checked in October 2026.

What Sharesight costs in 2026

There's also a $59 Tax Pack for one portfolio, for the tax reports without a plan. Monthly billing costs more.

The alternatives at a glance

1. Navexa: the closest like-for-like alternative

Navexa is an Australian portfolio tracker built around tax reporting. Every plan has unlimited holdings, and each portfolio can represent a separate tax entity: an individual, joint holding, SMSF, trust or company. There's no free plan, just a 14-day trial.

• Plans: Basic $240/year (1 portfolio, tax reporting and an ATO MyTax report), Standard $300/year (3 portfolios, adds unrealised capital gains), Premium $480/year (10 portfolios, adds manual parcel selection).
• Best for: investors with more than 30 holdings who want Sharesight-style automatic tax reports, at a lower price for large portfolios.

2. Covely: free, private and part of your whole budget

Covely isn't a dedicated share tracker. It's a desktop personal finance app for Mac, Windows and Linux that includes investment tracking alongside your budget, bank accounts and property, all stored on your own computer.

• What it does: unlimited holdings across ASX, US and other markets in multiple currencies; buys, sells and dividends; optional share price updates; portfolio performance (ROI, IRR and time-weighted return); a capital gains estimate by financial year using first in, first out, with the 50% CGT discount; a dividend and interest income report; and, from version 1.6.9, multiple portfolios (PRO), so you can keep your own shares, a family trust and an SMSF apart.
• What it doesn't do: it doesn't import trades from your broker automatically, track franking credits, or apply share splits and other corporate actions for you. Its capital gains report is an estimate that applies the 50% discount; it doesn't yet apply the one-third discount for SMSFs automatically.
• Price: holdings, trades and dividends are tracked in the free version, with no holdings limit. The capital gains, performance and income reports, and creating extra portfolios, are in PRO, a one-time $9.90 licence.
• Best for: investors with a handful of ETFs and shares who want them in the same app as their budget and net worth, without a yearly fee.

To see how the CGT discount works for individuals, trusts and SMSFs, try our free capital gains calculator.

3. A spreadsheet

Plenty of investors track a small portfolio in Excel or Google Sheets. Google Sheets can pull delayed share prices with its built-in GOOGLEFINANCE function. The catch is that working out cost base, parcels and the CGT discount correctly is fiddly, and errors are easy to miss at tax time.

Which should you choose?

• Up to 10 holdings and no tax reports needed: Sharesight's free plan.
• Lots of trades, franking credits and DRPs, and you want tax reports done for you: Sharesight's paid plans or Navexa.
• Several entities (you, a trust, an SMSF) on a budget: Navexa's per-entity portfolios, or Covely's multiple portfolios if you're happy to work out the tax yourself or with your accountant.
• A simple ETF portfolio, and you'd rather it stayed off the cloud: Covely.

Frequently asked questions