# Portfolio Visualizer alternatives: 4 tools compared

> Looking for a Portfolio Visualizer alternative? Compare testfolio, Tactfolio, AllocateSmartly, and Portfolio123 on data, trading, and price.

Written by [Tactfolio research team](https://tactfolio.com/about/editorial-policy.md), published 2026-10-16, updated 2026-10-17.

Portfolio Visualizer is a website for backtesting and analyzing portfolios on monthly data. Good Portfolio Visualizer alternatives include testfolio, Tactfolio, AllocateSmartly, and Portfolio123. Each one fits a different need. We make Tactfolio, so read our notes with that in mind. Every fact about the other tools comes from their own websites, checked on October 16, 2026.

## Portfolio Visualizer alternatives at a glance

| Tool | Best for | Data | Trades for you? | Price |
| --- | --- | --- | --- | --- |
| testfolio | Free daily backtests and research tools | Daily, with simulated history back to 1885 | No | Free tiers, paid from $15 a month |
| Tactfolio | Building your own rules and running them | Daily, with optional simulated history | Yes, in your Alpaca account | Free, Plus $12 a month ($99 a year), Pro $29 a month ($249 a year). Everything is free until billing opens. [See pricing](https://tactfolio.com/pricing.md) |
| AllocateSmartly | Following published tactical strategies | Backtests and signals for 100+ published strategies | No | Free limited access, $49 a month or $399 a year |
| Portfolio123 | Picking stocks by company data | Point-in-time company data | Yes, at Interactive Brokers or Tradier | Free tier, paid from $35 a month |

## Why people look for a Portfolio Visualizer alternative

Portfolio Visualizer's free plan allows up to 15 assets with limited history. Its paid plans are billed yearly, at $30 or $55 a month. Most of its backtests use monthly returns. Its tactical models are presets, so you can't write your own rules. And it does not trade. Read the full [Tactfolio vs Portfolio Visualizer](https://tactfolio.com/comparisons/tactfolio-vs-portfolio-visualizer.md) comparison.

## testfolio

testfol.io is a backtesting and research site with daily data. Its free tiers include the portfolio backtester with full history. A free account adds a tactical backtester, simulated tickers, and factor regression. Paid plans cost $15, $30, or $100 a month, and they add optimizers, [Monte Carlo](https://tactfolio.com/trading-tools/monte-carlo-simulation.md), and more. The $100 Max plan includes an MCP server for AI assistants. It does not trade.

Tactfolio uses a frozen copy of testfol.io's simulated tickers for part of its [simulated history](https://tactfolio.com/docs/simulated-history.md). Read [testfol.io alternatives](https://tactfolio.com/comparisons/testfolio-alternatives.md) to compare it with other tools.

## Tactfolio

Tactfolio is a platform where you build rules-based investing strategies, [backtest](https://tactfolio.com/learn/backtesting-explained.md) them on decades of real prices, share them, and run them automatically in your own [Alpaca account](https://tactfolio.com/alpaca-trading.md). You can build by hand in a visual builder or by asking an [AI assistant](https://tactfolio.com/ai-trading.md).

Unlike Portfolio Visualizer, you write your own rules from blocks: if/else conditions, rank, and filters. Backtests use daily prices and charge 0.05% on every trade. Its free tools include a [Monte Carlo simulator](https://tactfolio.com/trading-tools/monte-carlo-simulation.md) and a [portfolio optimizer](https://tactfolio.com/trading-tools/portfolio-optimizer.md), but it has no factor regression. It covers long-only strategies on US-listed stocks and ETFs.

## AllocateSmartly

AllocateSmartly tracks published [tactical asset allocation](https://tactfolio.com/learn/tactical-asset-allocation.md) strategies, from authors like Faber, Antonacci, and Keller. You see each strategy's backtest and current signal, combine strategies, and get email alerts. You can't build your own strategies, and you place the trades yourself. It costs $49 a month or $399 a year.

## Portfolio123

Portfolio123 is for picking stocks by company data, like earnings and value. You build screens and ranking systems with no code, then backtest them. It covers US, Canadian, and European stocks. Paid plans run from $35 to $278 a month. It can send orders to Interactive Brokers or Tradier.

## How to choose

- For free, daily backtests of a fixed mix, try testfolio.
- To build your own rules and have them trade, try Tactfolio.
- To follow well-known tactical strategies by hand, try AllocateSmartly.
- To screen and rank single stocks, try Portfolio123.

Whatever you pick, results will differ a little between sites. Data, costs, and [rebalancing](https://tactfolio.com/learn/portfolio-rebalancing.md) days are never quite the same. [Why past results mislead](https://tactfolio.com/docs/concepts/why-past-results-mislead.md) explains what to watch for.

## Common questions

### Is there a free alternative to Portfolio Visualizer?

Yes. testfolio's free tiers include daily backtests with full history. Tactfolio has a Free plan, and it includes 1 [automated strategy](https://tactfolio.com/automated-trading.md) in your own Alpaca account.

### Which Portfolio Visualizer alternative can trade for me?

Tactfolio can run a strategy in your own Alpaca account. Portfolio123 can send orders to Interactive Brokers or Tradier. testfolio and AllocateSmartly do not trade.

### Which alternative has Monte Carlo simulations?

testfolio has Monte Carlo tools, with more on its paid plans. Tactfolio has a free Monte Carlo simulator that plays out 10,000 random paths for your savings.

## Sources

- [Portfolio Visualizer pricing](https://www.portfoliovisualizer.com/pricing), accessed 2026-10-16
- [Portfolio Visualizer tactical models](https://www.portfoliovisualizer.com/tactical-asset-allocation-model), accessed 2026-10-16
- [testfol.io homepage](https://testfol.io/), accessed 2026-10-16
- [testfol.io pricing](https://testfol.io/pricing), accessed 2026-10-16
- [AllocateSmartly pricing](https://allocatesmartly.com/pricing/), accessed 2026-10-16
- [AllocateSmartly: what we do](https://allocatesmartly.com/what-we-do/), accessed 2026-10-16
- [AllocateSmartly FAQ](https://allocatesmartly.com/faqs/), accessed 2026-10-16
- [Portfolio123 research](https://www.portfolio123.com/research), accessed 2026-10-16
- [Portfolio123 plans](https://www.portfolio123.com/sv/register), accessed 2026-10-16
- [Portfolio123 help: linking your broker](https://portfolio123.customerly.help/en/articles/47515-linking-your-portfolio123-account-to-your-broker), accessed 2026-10-16