Foliolytic vs Empower (formerly Personal Capital)

Empower's free dashboard is the funnel; the real product is a 0.89% AUM advisor service with a $100,000 minimum. Foliolytic is the free, no-signup, no-broker-login analytics layer that does what their dashboard cannot — Sharpe, Sortino, drawdowns, alpha. Honest 2026 comparison.

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Quick Answer

Should you replace Empower with Foliolytic?

Replace Empower's portfolio analytics with Foliolytic if you want real risk-adjusted return depth — Sharpe ratio, Sortino, drawdowns, alpha vs benchmark — without the advisor calls and without an AUM fee. Keep Empower's free dashboard if your priority is unified net-worth aggregation across many accounts, retirement projection, or eventually using the managed service. They solve different problems: Empower aggregates accounts, Foliolytic analyzes portfolios. The smart move is using both — Empower's dashboard for net-worth, Foliolytic for the analytics Empower never offered.

Free · No signup · 70+ metrics · No broker credentials · No advisor calls

Foliolytic

  • Free forever, no tier, no AUM fee, no signup
  • 70+ quant metrics including Sharpe, Sortino, alpha, beta
  • No broker login, no credentials, no advisor calls

Empower

  • Free dashboard for net-worth aggregation across accounts
  • Managed service is 0.49–0.89% AUM with $100k minimum
  • Requires bank-credential linking; expect advisor outreach calls

The Honest 30-Second Read

Empower (formerly Personal Capital) is two products glued together: a genuinely useful free dashboard that aggregates every brokerage and bank account into one net-worth view, and a paid wealth-management service that charges between 0.49% and 0.89% of assets annually with a $100,000 account minimum. The free dashboard is the lead generator for the paid service. Sign up and an Empower advisor will call you. That is the business model, and it is honest about it — but it is not what most retail investors searching for "portfolio analytics" are looking for.

Foliolytic is built for the workflow Empower's dashboard does not address: deep risk-adjusted return analytics on the portfolios you already hold. Drop a brokerage CSV, get Sharpe ratio, Sortino, max drawdown, alpha against S&P 500, beta, R-squared, Value at Risk, and 60+ other metrics — in seconds, free, without linking any credentials. There is no advisor at the end of the funnel because there is no funnel.

"Empower for net-worth. Foliolytic for risk-adjusted returns. They are not competitors — they are complementary." — common pattern among DIY investors with multi-account setups

Feature-by-Feature Comparison

The table below reflects the public state of both tools as of May 2026. Empower's pricing is from their wealth-management page; verify the current rate before evaluating the managed service.

Feature Foliolytic Empower
Price (full feature set)$0 — unlimitedDashboard free; managed service 0.49–0.89% AUM
Account minimum to use core serviceNone$100,000 for managed (free dashboard has no minimum)
Signup / account creationNoRequired — email, phone, credentials
Broker credentials linkedNo (CSV only)Yes — via Yodlee/Plaid aggregator
Advisor outreach after signupNoneExpect calls — that is the business model
Data privacy modelNo signup, no broker login, no PII collectedCredential-based aggregator — full transaction history stored
Sharpe ratioYes — multiple variantsNot provided
Sortino / Calmar / TreynorYes — all threeNot provided
XIRR (cash-flow weighted return)Yes — automaticNot exposed
Max drawdown analysisYes — full peak-trough chartNot provided
Alpha / Beta vs S&P 500Yes — Jensen's alpha, beta, R²Limited visual benchmark only
Net-worth aggregationNot provided — single portfolioYes — multi-account
Retirement plannerNot providedYes — Monte Carlo projection
Fee analyzer (401k expense ratios)Not providedYes
Multi-currency supportYes — historical FXUS-centric
Crypto (440+ coins, full history)YesManual entry; limited refresh
Hedge-fund-grade metrics15+ (PSR, DSR, Hurst, Burke, Sterling)Not provided
Mobile appWeb only (responsive)iOS & Android

When Empower Is Better

Empower has earned its position as the default free net-worth dashboard for a reason. If your dominant workflow matches any of the below, Empower is the right tool and Foliolytic does not try to compete in that lane.

When Foliolytic Is Better

Empower's dashboard answers "what am I worth?" Foliolytic answers "is what I'm doing actually good?" These are different questions, and Empower's product never really tried to answer the second.

Pricing — The Honest Math

Foliolytic

$0 / month, $0 / year, no AUM fee. Every metric, every brokerage format, every chart is free. No holdings cap, no time limit. Foliolytic has no VC investors and no revenue obligation — the project is funded by a self-imposed budget.

Empower

Empower's pricing has two layers:

  • Personal Dashboard — Free. Net-worth aggregation, spending categorization, budgeting, retirement planner, fee analyzer.
  • Personal Strategy (managed account) — 0.89% AUM on the first $1M, 0.79% above $3M, dropping to 0.49% above $10M. $100,000 account minimum. Includes portfolio management, financial planning, advisor access.

The fee math at common balances:

  • $250,000 portfolio → $2,225 per year (~0.89%)
  • $500,000 portfolio → $4,450 per year
  • $1,000,000 portfolio → $8,900 per year
  • $2,000,000 portfolio → ~$16,800 per year (blended 0.84%)

Over 20 years, a 0.89% drag compounded on a 7% nominal return reduces ending wealth by approximately 16 percent versus an unmanaged equivalent. That is the cost of the advisor — fair for what you get if you actually want financial planning, but not invisible.

Privacy — Why the Models Differ

Empower's product structure requires storing your full financial picture on their servers. Account aggregation needs persistent credentials with Yodlee or Plaid; the dashboard needs that data refreshed daily; the managed service needs your full holdings to recommend allocation changes. This is not a Empower-specific issue — it is structural to any tool that promises automatic account refresh.

Foliolytic took the opposite trade. You upload an exported CSV manually rather than connecting your brokerage account, so we never hold credentials and you don't surrender broker-side access. The compromise is real: you re-upload a CSV when you want refreshed analytics. For a tool used a few times a year for portfolio review, that compromise is small. For a daily aggregator, it would be unworkable — which is exactly why Foliolytic doesn't try to be one.

How to Switch from Empower to Foliolytic

If you are using Empower only for the portfolio-analytics screens (not for net-worth aggregation or the managed service), the migration is a one-time CSV export.

Step 1 — Export from your brokerage, not from Empower

Empower's exports are summary-level. Go directly to your brokerage (Schwab, Fidelity, Vanguard, Interactive Brokers, Robinhood) and export the transaction history CSV. Foliolytic's format detector recognizes 30+ brokers automatically.

Step 2 — Drop on the Foliolytic homepage

Drag the CSV onto foliolytic.com or click to upload. Format detection takes under a second. Tickers, dividends, splits, and FX are reconciled automatically against the historical price database.

Step 3 — Read the metrics Empower never showed you

Sharpe ratio, Sortino ratio, max drawdown, alpha vs S&P 500, beta, R-squared, XIRR, Value at Risk, Calmar, Treynor, plus 60+ other metrics — all calibrated against historical market data, all available immediately.

Optional — Keep Empower's free dashboard for net-worth

Most DIY investors don't actually replace Empower; they add Foliolytic for the analytics layer Empower never built.

Other Comparisons

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Frequently Asked Questions

Is Empower (formerly Personal Capital) free?

The Personal Dashboard is free — net-worth aggregation, spending, budgeting, retirement planner, and fee analyzer. The wealth-management service is not. Empower Personal Strategy charges 0.89% AUM on the first $1 million, 0.79% above $3M, dropping to 0.49% above $10M, with a $100,000 account minimum for the managed service. The free tier is also Empower's sales funnel: signing up triggers calls from their advisors.

Does Empower share my data?

Empower's free dashboard requires linking real brokerage and bank credentials through an aggregator (Yodlee or Plaid). Your transaction history, balances, and account numbers are stored on Empower's servers — that is the structure required to refresh holdings automatically. Empower's privacy policy permits sharing with affiliates and service providers. Foliolytic requires no signup, no broker login, and no PII — and we don't sell or share data with third parties.

Can I use Empower without signing up?

No. Empower's dashboard requires account creation with email, phone, and linked brokerage credentials. After signup, expect outreach from their advisors recommending the managed service. Foliolytic requires no signup — drop a CSV and you have analytics immediately.

Why use Foliolytic instead of Empower?

Use Foliolytic if you want deep risk-adjusted return analytics on portfolios you already hold — Sharpe, Sortino, drawdowns, alpha, beta, R-squared, XIRR — without paying 0.89% AUM, linking broker credentials, or taking advisor calls. Foliolytic computes 70+ metrics Empower does not, with no signup and no broker login, for free. Use Empower if your priority is unified net-worth aggregation across many accounts plus optional managed-portfolio service from human advisors.

Does Foliolytic have what Empower has?

No, and intentionally so. Empower aggregates accounts via bank-credential linking; Foliolytic ingests one CSV at a time. Empower offers a paid advisor; Foliolytic offers no advice. Empower's free retirement planner and fee analyzer are useful and have no direct Foliolytic equivalent. Where Foliolytic is stronger: 70+ risk-adjusted return metrics, hedge-fund-grade analytics, no AUM fee, no advisor calls, no broker credentials stored anywhere.

What does Empower's 0.89% AUM fee actually cost?

On a $500,000 portfolio, Empower's 0.89% annual fee is $4,450 per year. On a $1M portfolio, $8,900 per year. On a $2M portfolio (blended 0.84%), approximately $16,800 per year. Over 20 years, a 0.89% drag compounded on a 7% nominal return reduces ending wealth by approximately 16 percent vs unmanaged. The fee is fair for what you get — advisor calls, financial planning, tax-loss harvesting — but it is not a substitute for portfolio analytics.

Did Personal Capital change its name to Empower?

Yes. Personal Capital was acquired by Empower Retirement (a Great-West Lifeco subsidiary) in 2020 and rebranded as Empower Personal Wealth between 2022 and 2023. The free dashboard is now called Empower Personal Dashboard; the managed service is Empower Personal Strategy. The product is the same one Personal Capital users grew up with, with deeper integration into Empower's larger retirement-services business.