Trading and investing platform eToro has unveiled a range of tools to give users a more in-depth view of their investment performance while helping them to make informed investment decisions.
Designed to help users plan, identify opportunities and benchmark their portfolio against other assets, the insights provide information “on portfolio composition, risk factors and passive income generation.”
The updates – available to all eToro users – are:
- Portfolio breakdown: eToro users can see how their portfolio is weighted across asset types, sectors, geographies and exchanges, helping them to understand how diversified they are. They can also receive actionable insights on how they can become more diversified across each metric.
- Risk insights: Users can now gain a deeper understanding of risk, with information on which assets in their portfolio are raising their risk score. They will also be given a view of the assets which least correlate to those in their portfolio, once again to support diversification.
- Expected dividends: Users can see the dividend income they receive from each stock in their portfolio, with detail on how much their portfolio will generate over time, including the expected dividend income from current open positions for the remainder of the year.
- Portfolio comparison: Users can now easily compare their portfolio’s performance to a benchmark such as the S&P 500, making it easier to ascertain how they are performing versus the broader market.
Or Peled, VP Product Strategy and Growth said:
“At eToro, we believe that knowledge is the ultimate power when it comes to investing. Our new cutting-edge portfolio insights are designed to give our users a strategic edge, offering unparalleled clarity on performance, risk, and diversification opportunities. Whether planning for long-term wealth or fine-tuning their investment strategy, we’re equipping our users with the precision and confidence they need to navigate the complexities of the market and achieve their financial goals.”
The launch of the portfolio tools is the latest in “a series of product updates for eToro users in recent months.”
In October, the business enabled trading in “local currencies for eToro Money GBP and EUR accounts.”
eToro has expanded the number of stocks available “on the platform through collaborations with Deutsche Boerse, London Stock Exchange and the Dubai Financial Market.”
As clarified in the update, the option to trade or invest in EUR or GBP, as well as USD, is only available to eToro users “based in Europe and the UK.”
As covered, eToro is the trading and investing platform “that empowers you to invest, share and learn.”
They were founded in 2007 with the vision of a world “where everyone can trade and invest in a simple and transparent way.”
Today they claim to have over “38 million registered users from 75 countries.”
They believe there is power in “shared knowledge and that we can become more successful by investing together.”
So they’ve created a collaborative investment community designed “to provide you with the tools you need to grow your knowledge and wealth.”
On eToro, you can hold a range of traditional and innovative assets and choose “how you invest: trade directly, invest in a portfolio, or copy other investors.”