Switching guide
Leaving Sharesight? What to check before you switch
Sharesight is a mature tracker many accountants already know. This page is for investors weighing a move: what it takes to migrate, what you might give up, and where Metrifly is a better fit on price and AU-tax workflow — not a feature checklist.
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| Feature | Metrifly | Sharesight |
|---|---|---|
| Pricing | ||
| Free tier | $0 · 1 portfolio · 10 holdings · dividend tracking | $0 · 10 holdings · no tax report |
| Plan with tax reporting | Starter — $6.67/mo billed annually ($8 monthly) · 1 portfolio · unlimited holdings | Standard — $29/mo billed annually ($38.67 monthly) |
| Standalone tax add-on | No standalone add-on · tax reports included from Starter | Tax Pack — $59/yr · 1 portfolio AU tax reports |
| Multi-portfolio plan | Standard — $12.50/mo billed annually ($15 monthly) · 3 portfolios · unlimited holdings | Standard tier and up |
| AU Tax | ||
| AU CGT report + 50% discount | Supported | Supported |
| Entity-aware (Individual / Company / Trust / SMSF) | Supported | Supported |
| Sale-allocation methods (FIFO / LIFO / minimise …) | Supported | Supported |
| Franking credits + franked/unfranked split | Supported | Supported |
| AMIT / trust distributions | Supported | Supported |
| Foreign income / FITO | Supported | Supported |
| ATO myTax report | Supported | Supported |
| Assets & Coverage | ||
| Crypto assets | Supported | Supported |
| Multi-currency / FX | Supported | Supported |
| Brokers / exchanges | 100+ brokers | 200+ brokers worldwide |
| SMSF support | Supported | Supported |
Disclosure: Metrifly is our product. Competitor facts are sourced from each competitor's own pages. Last updated: 2026-06-15.
Migration
How to switch from Sharesight to Metrifly
Treat the move as a reconciliation project, not a same-day cutover. The goal is a tax report you would hand to your accountant with the same confidence you had in Sharesight.
Export what Sharesight already has
Download trade and income history per portfolio from Sharesight (or your broker directly). Broker CSVs are often cleaner than a partial export if you have been fixing parcels manually in spreadsheets.
Import into Metrifly and link live brokers
Use broker sync where supported, or CSV/email import for the rest. Metrifly supports 100+ formats; if yours is missing, send a sample export before you cancel Sharesight.
Reconcile holdings, cash and dividends
Match quantity, cost base and YTD dividends to your broker statements — not just the incumbent's dashboard. Fix DRP parcels and corporate actions before you trust a CGT schedule.
Run a parallel EOFY dry-run
Generate CGT and income reports in both tools for the same year. Differences usually trace to parcel matching, AMIT adjustments, foreign withholding or FX — note them before you switch.
Cut over when reports agree
Cancel or downgrade Sharesight only after Metrifly's exports reconcile to the level you need for lodging. Keep broker source files either way.
Most investors keep Sharesight active through at least one dividend cycle or an EOFY rehearsal. Switching cost is time reconciling history, not the subscription alone.
Australian tax reality check
What usually breaks during a Sharesight migration
DRP parcels, AMMA cost-base adjustments, foreign dividends with withholding, and franking gross-up are where imports look fine until EOFY. Those are the rows to reconcile in a parallel run — not headline feature checkmarks.
Best fit
Choose the tracker that fits your workflow
A useful comparison should help you decide, not pretend one product is best for everyone.
Metrifly is likely a fit if
- You want lower ongoing cost for a full tracker with AU tax reports and are willing to re-import and reconcile once.
- Dividend tracking on the free tier matters while you test whether Metrifly fits your brokers and entities.
- You want published methodology and simpler plan names over Sharesight's tier and add-on matrix.
Consider staying put if
- Your accountant only accepts Sharesight exports and retraining them is not worth the saving.
- You rely on a Sharesight-only broker, report or workflow Metrifly has not matched yet.
- Years of reconciled Sharesight history are correct and a re-import would reopen parcel errors you already fixed.
Decision points
The bits that change the answer
No generic checklist: these are the trade-offs Australian investors usually discover only after importing real data.
Switching cost
Budget an afternoon, not five minutes
Plan for import, parcel checks and at least one side-by-side tax report. The saving is recurring subscription cost; the work is upfront reconciliation.
Tax Pack trap
Don't compare the wrong Sharesight product
Sharesight's standalone Tax Pack suits tax-only buyers. If you want ongoing tracking plus tax, compare Metrifly Starter with Sharesight Standard — not the cheapest sticker on the pricing page.
When to stay
Incumbent comfort has value
If Sharesight already reconciles your SMSF, trust and AMIT statements without spreadsheet glue, switching only for price can cost more in time than it saves.
FAQ
Questions, answered
How do I switch from Sharesight to Metrifly?
Export broker CSVs (or Sharesight history), import into Metrifly, reconcile holdings and dividends to your broker statements, then run CGT and income reports in both tools for the same year before you cancel Sharesight.
Should I run Sharesight and Metrifly in parallel?
Yes — through at least one dividend cycle or an EOFY dry-run. Switching cost is reconciliation time, not just the subscription. Cut over when Metrifly's exports match what you would lodge.
When should I stay on Sharesight?
Stay if your accountant only accepts Sharesight exports, you need a broker Metrifly does not support yet, or re-importing would reopen parcel fixes you already made in Sharesight.
Is Metrifly cheaper than Sharesight Standard?
For a full tracker with tax reporting, Metrifly Starter is $6.67/mo billed annually ($8 monthly) versus Sharesight Standard at $29/mo billed annually (sourced). Sharesight's standalone Tax Pack can be cheaper if you only need a one-portfolio tax report.
What breaks most often during a Sharesight migration?
DRP parcels, AMIT cost-base adjustments, foreign withholding and franking gross-up. Reconcile those rows in a parallel run — not just total portfolio value.
Keep comparing
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Try Metrifly free
Track a portfolio and its dividends on the free plan, then reach Australian CGT and income reporting from $6.67/mo billed annually. No credit card required.
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