Analyze a Wealthsimple portfolio — and every other account
WealthWise is an independent analytics tool that can bring supported accounts and imported positions into one view. For Wealthsimple users, the options include broker connection where available under the current plan, CSV import, or manual entry. This article describes analysis workflows, not a recommendation to choose a particular broker.
Your broker
- Holds your accounts and investments
- Executes buys and sells
- Shows balances and basic returns
WealthWise — multi-broker analytics
- Which sectors you're actually exposed to, after decomposing ETFs into underlying holdings
- Geographic exposure by country, not just an "international" label
- A cash-flow-adjusted return estimate and benchmark comparison
- A dividend calendar with available declared and estimated payments
- How concentrated your portfolio is in a handful of names
- Whether two ETFs you hold duplicate each other significantly
WealthWise brings together analysis for all your accounts without executing trades.
Why analyze your portfolio beyond the broker app
A brokerage account and a consolidated analysis view serve different purposes. When investments are spread across accounts, reviewing their combined exposure can be useful. The questions below concern your records; they are not an audited comparison of every feature currently offered by Wealthsimple.
Questions to explore with the available portfolio data:
- Which sectors you're actually exposed to (after decomposing your ETFs into their underlying holdings)
- Your geographic exposure by country — not just "international" as a label
- A cash-flow-adjusted return estimate and benchmark comparison
- A dividend calendar with available declared and estimated payments
- How concentrated your portfolio is in a handful of names
- Whether two ETFs you hold duplicate each other significantly
WealthWise provides analysis without placing trades. You can keep investments at your broker and use a supported read-only connection or import a file, subject to current plan limits.
How the connection works
WealthWise uses SnapTrade's read-only API to pull your Wealthsimple holdings into the dashboard. "Read-only" is the critical word: the integration can see your positions and balances, but it cannot place orders, move funds, or do anything transactional. Your Wealthsimple credentials never touch WealthWise's servers.
Connection availability, supported account types and synchronization times depend on the institution and provider. Broker synchronization requires Premium access under the current plans. Review the accounts offered in the connection window and check the last successful refresh; updates can be delayed or require reconnection.
You can also import your portfolio via CSV or enter positions manually. Available analysis depends on the completeness of positions, transaction history and market data; different input methods may not supply equivalent histories.
| Sector | Fictional illustrative weight |
|---|---|
| Technology | 28% |
| Financials | 14% |
| Other sectors | and so on |
Fictional example, not current ETF weights. Available holdings data supports estimated look-through analysis.
Sector look-through: what you actually own
Look-through analysis helps distinguish the funds you hold from their underlying exposures. Its coverage depends on available holdings data and supported funds.
When you buy XEQT or VEQT, you're buying a fund of funds — each holding is itself an ETF, which holds hundreds of individual stocks. A surface-level sector chart would just call the whole thing "ETFs" and stop there. WealthWise does something more useful: it recursively decomposes your ETFs into their underlying sector weights, then aggregates everything into a single sector picture for your entire portfolio.
For illustration only, a fictional portfolio might show 28% technology and 14% financials. Those are not current weights for XEQT, VEQT or a customer's account. Review the source dates and missing holdings before treating a breakdown as complete.
You can explore this in detail on the ETF sector look-through feature page.
Geographic exposure: derived from real holdings
Geographic estimates depend on the available fund holdings and reference data. They can be incomplete or dated, particularly for funds holding other funds. Company domicile is also not the same as the geographic source of a company's revenue.
A geographic view can help describe concentration, but it is not an audited exposure statement. For example, 65% US exposure would be a hypothetical illustration here, not a verified current weight for any named ETF.
This is particularly relevant for Wealthsimple investors who use a simple two or three-ETF approach: VFV plus a Canadian equity ETF, for instance, may produce more US concentration than expected. See also: home-country bias and geographic diversification.
Understanding the return shown beside a benchmark
WealthWise's portfolio-return endpoint uses Modified Dietz, an estimate that weights recorded cash flows by their timing. It is not identical to a true time-weighted return calculated by linking subperiod returns around cash flows. Missing transactions or valuations can make the result unreliable; it should not be presented as an exact measure of investment skill.
A comparison also needs matching periods, currencies and dividend treatment. An S&P 500 series is not automatically equivalent to the return of a Canadian ETF tracking it: fund fees, currency exposure and distributions can differ. A US equity benchmark also does not represent the risk profile of every portfolio.
Understanding the difference between time-weighted and money-weighted returns is worth a few minutes of reading — they can diverge significantly when you've made large contributions at specific moments. The time-weighted vs money-weighted return explainer breaks down when each method is more informative.
| Tool | What it does |
|---|---|
| Dividend calendar | Available declared payments and estimates; coverage may be incomplete |
| Estimated yield for supported CDRs | Receipt-level estimates depend on available distributions, ratios and currencies |
| Yield on cost | Estimated annual dividends relative to recorded acquisition cost, not total return |
| DRIP simulator | Projects income and share count compounding over a 10 or 20-year horizon at different reinvestment rates |
Tools for reviewing estimated income; availability depends on the current plan.
Dividend suite: calendar, yield, and DRIP simulator
The dividend tools provide estimates and projections from available data. Access varies by plan; see current plans and limits before assuming a feature is included in Free.
Dividend calendar
The calendar shows available declared payments and estimated future payments, where supported. Dates, amounts and coverage can change. Check the status shown and confirm declared distributions with the issuer; the calendar does not guarantee every payment or the date funds reach your brokerage account.
Estimated yield for supported CDRs
For a Canadian Depositary Receipt (CDR), income estimates must relate to that receipt rather than simply copy the underlying share's dividend. Coverage, receipt ratios, currencies and source updates can affect estimates. A displayed yield is not a guarantee of the amount received; confirm distributions with the issuer and your account records.
Yield on cost
Dividend yield on cost compares annual dividend income, often estimated, with the recorded acquisition cost. It is not total return and does not include changes in the investment's market value. An incomplete cost history or changed dividend will affect the figure.
DRIP simulator
The DRIP simulator illustrates how selected reinvestment and growth assumptions affect projected income and share counts. Its scenarios are hypothetical, not forecasts or guaranteed distributions.
Concentration and risk score
A portfolio holding several ETFs can still contain overlapping underlying companies. Concentration estimates can help identify that overlap where holdings data is available; they do not establish that all underlying exposures have been captured.
This is especially relevant for Wealthsimple investors who mix VFV (S&P 500) with sector ETFs, since both can be heavily weighted toward the same mega-cap technology names.
Other tools built for Canadian investors
WealthWise is built specifically for the Canadian context, which means the analysis reflects how Canadian investors actually invest — not just a US-centric dashboard with a currency toggle.
| Feature | WealthWise | What to check |
|---|---|---|
| ETF sector look-through | Yes (recursive) | Coverage and source dates |
| Geographic breakdown | Yes (derived from holdings) | Available holdings and methodology |
| Return estimate vs benchmark | Yes | Period, cash flows and benchmark basis |
| Dividend calendar | Yes | Declared versus estimated status |
| DRIP simulator | Yes | Scenario assumptions |
| Norbert's Gambit helper | Yes | Process, fees and account restrictions |
| Multi-broker support | Yes | Institution availability and plan access |
| CDR support | Yes | Receipt-level distribution data |
| Cost | Free plan with limits; paid plans available | Current provider fee schedule |
The best portfolio tracker in Canada for 2026 comparison covers how WealthWise stacks up against other standalone tools as well.
Getting started
Start with the fictional-data demo or a free account. For broker synchronization, check Premium access and the supported institutions shown in the connection window. Import completion and refresh times vary; there is no guaranteed instant synchronization.
After importing or refreshing, check account coverage, transactions and data dates. Disnat is not currently available for direct connection; file import remains an alternative. A new position at a broker does not guarantee an immediate update in WealthWise.
WealthWise remains independent of the broker you choose. This article does not recommend opening or moving an account with a particular institution.
Frequently asked questions
Does WealthWise work with Wealthsimple Trade accounts?
Supported Wealthsimple accounts can be connected through SnapTrade in read-only mode with Premium access. Availability depends on the institution and account shown in the provider's connection window. WealthWise does not execute trades through this integration.
Is WealthWise actually free?
A Free plan is available with limits. Detailed analytics and broker synchronization may require a paid plan or an eligible activated trial. Check the current pricing page for features, limits and eligibility.
Is WealthWise only for Wealthsimple customers?
No. WealthWise is independent of your broker. Supported connections and manual imports can provide data for analysis; this is not a recommendation of any particular institution.
How accurate is the geographic exposure breakdown?
Geographic exposure is an estimate based on available holdings and reference data. Coverage and source dates vary; it is not a complete audit or a guarantee of accuracy.
Can I use WealthWise if I also have accounts at Questrade or Disnat?
Multiple accounts can be added subject to plan limits and connection availability. Disnat is not currently supported for direct connection; file import remains available. Check supported institutions in the provider's connection window.
Start with WealthWise for free →Sources & scope
Product promises reviewed October 1, 2026 against the implemented calculation and current WealthWise plans. This is not a new verification of every third-party feature.
CFA Institute: calculation methodology explains the distinction between Modified Dietz estimates and true time-weighted returns. This citation does not imply GIPS compliance.