BlogSharesight Features & Tips

Automatically track Robinhood trades with Sharesight

by David Olsen, Senior Marketing Manager - Content/SEO, Sharesight

Investors trading with US broker Robinhood can automatically import trades in stocks and ETFs to their Sharesight portfolio, giving them access to Sharesight’s award-winning performance, dividend tracking and tax reporting features. With support for more than 200 leading global brokers, plus automatically updated price and dividend information on over 240,000 stocks, ETFs and mutual/managed funds, Sharesight allows investors to effortlessly track all of their investments in one place.

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Who is Robinhood Financial?

Established in 2013, Robinhood is a US-based broker with an online trading platform that offers ‘zero commission trading’ on US-listed securities. The platform has grown in popularity after offering commission-free trading in Bitcoin and other cryptocurrencies. Other key features include the ability to purchase fractional shares, as well as research tools such as earnings calendars and the ability to view the top 100 most popular stocks on the platform.

Why you should track your Robinhood trades with Sharesight

By importing your Robinhood trades to Sharesight along with the rest of your portfolio, you can effortlessly track the price and performance of your investments across different brokers, asset classes, markets and currencies – all in one place. Investors will also benefit from Sharesight’s 15 minute delayed pricing for key US markets, plus the ability to automatically track dividend payments, including dividend reinvestment plans (DRPs) and upcoming announced dividends. Access to a powerful range of reports such as Performance, Portfolio Diversity and Multi-Currency Valuation is just another reason that investors should consider using Sharesight to track their investment portfolio.

Track your dividend income

Unlike other portfolio trackers, Sharesight automatically tracks dividend and distribution income (including dividend reinvestment plans) and takes this into account when calculating your investment return. In the screenshot below for example, dividends make an important contribution to this stock’s returns, highlighting the value of a portfolio tracking solution that includes more than just capital gains in its performance calculations.

US dividend stock Robinhood

Import trades via Sharesight’s Trade Confirmation Emails feature

Sharesight’s Trade Confirmation Emails feature is an effortless way to import historical and ongoing trades to a Sharesight portfolio. By simply having your broker’s trade confirmations forwarded to your unique Sharesight email address, all of your trades are synced to your portfolio, inclusive of corporate actions such as dividends, mergers and stock splits, with no effort on your part.

Start tracking your Robinhood trades with Sharesight

Thousands of investors like you are already using Sharesight to manage their investment portfolios. What are you waiting for? Sign up and:

Sign up for a FREE Sharesight account and get started tracking your investment performance (and tax) today.

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