testfolio
Worth it
Confidence: Medium
Buy it if you're a DIY investor comparing ETF or leveraged-ETF allocations over long horizons.
Comparison
testfolio vs Portfolio Visualizer
testfolio lands on Worth it, and Portfolio Visualizer lands on Depends.
Portfolio Visualizer
Depends
Confidence: Medium
Buy if you're a serious DIY investor or advisor needing deep backtesting, Monte Carlo, and factor analysis on a budget.
| Compare | testfolio | Portfolio Visualizer |
|---|---|---|
| Verdict | Worth it | Depends |
| Best for | DIY ETF portfolio backtesting | DIY investors backtesting allocations |
| Who it's not for | Traders needing intraday drawdown accuracy | Casual investors who just want net-worth tracking |
| Privacy | No known public vulnerabilities found in the sources reviewed. | No known public vulnerabilities found in the sources reviewed.14 |
| Support quality | No support-quality evidence in sources | No evidence in sources |
| Public sentiment | DIY investors on Reddit broadly praise testfolio for long-term strategy comparison while criticizing its drawdown math and new paid model.⁵ | A long-beloved Bogleheads staple whose reputation soured after 2024 pricing and UI changes.16 |
| Biggest gotcha | Free-to-paid shift is recent; verify current plan limits before committing workflows⁸ | Free tier limits and lost download features after 2024 changes; paid plan needed for full use |
Pick testfolio when
- DIY ETF portfolio backtesting
- Leveraged-ETF strategy research
- Bogleheads-style allocation comparison
- Rebalancing and cashflow modeling
When testfolio is not a fit
- Traders needing intraday drawdown accuracy
- Advisors needing audited, compliance-grade models
- Anyone expecting the old free tool
- Buyers requiring vendor security documentation
Pick Portfolio Visualizer when
- DIY investors backtesting allocations
- Factor and correlation research
- Monte Carlo retirement simulations
- Advisors comparing model portfolios
When Portfolio Visualizer is not a fit
- Casual investors who just want net-worth tracking
- Anyone relying on free CSV downloads
- People wanting personalized investment advice
- Users who hate relearning a redesigned UI
Sources
official
- Pricing and Planstestfol.ioofficial
- Help, Methodology, and Tool Guidestestfol.ioofficial
review
- Three Portfolio Backtesters Every DIY Investor Should Knowriskparitychronicles.substack.comreview
- How accurate are Portfolio Backtesting Toolsbogleheads.orgreview
- testfol.io now becomes a paid platformreddit.comreview
- The 48% Dividend Mirage247wallst.comnews
- Portfolio Visualizer official siteportfoliovisualizer.comofficial
- Subscription Plans and Pricingportfoliovisualizer.comofficial
- Portfolio Visualizer Documentation/FAQportfoliovisualizer.comofficial
- Best Portfolio Analysis Tools . The College Investorthecollegeinvestor.comreview