Luum publishes this comparison. We build one of the products discussed, so read it with that in mind. Facts were last verified on August 16, 2026; the other products change too — check their sites.
Luum vs Sharesight
Sharesight is a mature global tracker with deep dividend and tax reporting across 60+ markets. Luum is built Canada-first - TFSA, RRSP and FHSA context, ACB across accounts, and drift against the targets you set. Global breadth versus Canadian context.
Last updated August 16, 2026 · 5 min read
The short version
Sharesight fits better if you invest across several countries, dividend income tracking is central to how you invest, or you want a tool with a long public track record — including established Canadian capital-gains reporting.
Luum fits better if your investing life is Canadian-first — registered accounts, Canadian brokerages, CAD — and what you want is one picture of allocation, drift and ACB across accounts, with analysis built around Canadian account types rather than adapted to them.
What Sharesight does well
Sharesight's depth comes from age and scale. It tracks stocks, ETFs and funds across more than 60 markets, automatically applies dividends, DRIPs, splits and other corporate actions, and imports trades from hundreds of brokers — including by forwarding trade-confirmation emails, which works with nearly anything. Its reporting is extensive: performance, diversity, exposure, future income, and more.
Canada is one of the countries it takes seriously. Sharesight's Canadian capital-gains tax report follows CRA rules using the adjusted-cost-base method, portfolios can be typed as Non-Registered, RRSP, RRIF or TFSA, and reports can be shared straight to an accountant. It has also built look-through into ETF holdings for funds based in several countries, including Canada. If mature, CRA-aligned tax reports are your primary need today, Sharesight is the more established option, and we'd rather tell you that than pretend otherwise.
What Luum does well
Sharesight's genius is the record: what happened in your portfolio, captured precisely. Luum's centre is the plan: where you stand against it, right now. You set targets in the terms a plan is actually written in — asset class, region, sector — and Luum tracks your drift against them continuously, across all your accounts, wherever they live. When you're off, the rebalance simulator computes the trades that would move you back toward target. You place them at your brokerage yourself. The math is the tool's job; the decision stays yours.
And Luum doesn't adapt to Canada — it starts there. TFSA, RRSP, FHSA, RESP and taxable accounts are first-class concepts, not configuration options, so the one picture Luum draws is the picture a Canadian plan is made of. It looks through your ETFs to what they actually hold — MERs included — so two index funds holding the same companies can't hide a concentration, and it flags the position that quietly grew past your comfort level. It tracks adjusted cost base with the average-cost method across accounts and years of partial sales — accurate to your inputs, so it needs your full transaction history to be right. Ticker Scores rank every stock and ETF you hold on five measured dimensions — an input to a decision you make, not a signal. Luum's AI explains the numbers on your own screen in plain language — never a stock tip. And manual assets and liabilities blend in when you want the view to widen to your full net worth.
The trust posture is structural, not a promise. Luum connects read-only through Snaptrade — you sign in on your brokerage's own page, and your credentials never touch us — and read-only means read-only: Luum cannot place a trade, move cash, or change a setting. Your data is stored in Canada, and you can export all of it whenever you want.
Where they differ
| Sharesight | Luum | |
|---|---|---|
| Built for | Global investors, 60+ markets | Canadian investors first |
| Account types | Non-Registered, RRSP, RRIF, TFSA | TFSA, RRSP, FHSA, RESP, taxable and more |
| Data in | Broker imports, trade-confirmation emails, CSV | Read-only brokerage sync, CSV, manual |
| Dividend & corporate actions | Tracked | Tracked; not the product's centre |
| Capital-gains reporting | CRA-aligned CGT report, ACB method | ACB tracked with the average-cost method |
| Target allocation & drift | Basic | Built in — asset class, region, sector |
| ETF look-through | Yes, for funds from several countries | Yes, including MER |
| Instrument analysis | Reporting-centred | Ticker Scores on five measured dimensions |
| AI | No | Explains your portfolio's own numbers |
| Data residency | Global service | Data stored in Canada |
| Mobile app | Yes | Web app (mobile app coming soon) |
What we concede
Sharesight is nearly two decades old, with a large user base and reporting depth that only time builds — especially around dividends and corporate actions, where its automation is a real strength. Its global market coverage is far beyond ours. Its Canadian tax reporting is established and battle-tested; ours is newer, and our ACB figures are educational, don't apply superficial-loss adjustments, and should be verified against your records before you rely on them. Sharesight also has mobile apps; Luum is web-only today. If you hold meaningful assets outside Canada, Sharesight is very likely the better fit, full stop.
Pricing
Sharesight is free for up to 10 holdings in a single portfolio, with several paid plans that unlock more holdings, portfolios and advanced reports — current prices at sharesight.com/ca/pricing. Luum: a free Starter tier for a single portfolio via CSV or manual entry, and a 30-day trial of the full product; current plans and prices are on our pricing page.
Bottom line
Sharesight earned its place as the serious DIY investor's global tracker, and if your portfolio spans borders, it's probably your answer. Luum is for the investor whose whole problem fits inside Canada — multiple accounts, multiple brokerages, one plan — and who wants the tool built around that shape from the first line of code, with a read-only connection and the data stored here.
This comparison is educational and general in nature. It is not investment, tax, or legal advice. Verify current features and pricing directly with each provider before deciding.