Compare · Spreadsheet vs YieldCove
From your spreadsheet to a connected workspace.
The wheel moves assignments, rolls, collateral and premium all at once. Here is what a purpose-built, free tracker does that a general-purpose grid can't, and where typical portfolio trackers stop.
Jobs a spreadsheet leaves to you
7
YieldCove handles all 7, free.
Tracker cost
$0
Free forever
Broker sync
Optional
Read-only
Log a trade
≈ 10 s
About ten seconds
Workspaces
4
Wheel · Invest · Budget · Trading
01
The matrix
Seven jobs every wheel trader does each week, and who does them.
| Job | Spreadsheet | Typical tracker | YieldCove |
|---|---|---|---|
| Annualized ROI on every trade | By hand | Not built for it | Built in |
| Assignments, rolls and called-away lots | By hand | Partly | Built in |
| Live quotes and price alerts | Partly | Built in | Built in |
| Trades, cash and dividends from your broker | By hand | Partly | Built in |
| Win rate, capital deployed and income goals | By hand | Not built for it | Built in |
| Every cash event reconciled to a running balance | By hand | Partly | Built in |
| Log a trade in about ten seconds | By hand | Varies | Built in |
| Cost | $0 | Varies | $0 |
“Typical tracker” describes general-purpose stock portfolio trackers in broad strokes; individual products vary. The YieldCove column is what the free plan includes today.
02
Your spreadsheet was never built for this
The wheel moves assignments, rolls, collateral and premium all at once. A purpose-built tracker beats a general-purpose grid.
The spreadsheet: Formulas you maintain by hand
YieldCove: Annualized ROI computed on every trade
The spreadsheet: Assignments and rolls break your rows
YieldCove: Assignment, rolls & called-away lots handled
The spreadsheet: Hand-typed prices, stale by lunchtime
YieldCove: Live quotes and price alerts
The spreadsheet: Dividends you forget to record
YieldCove: Trades, cash & dividends sync from your broker
The spreadsheet: No idea what your capital is really earning
YieldCove: Win rate, capital deployed & income goals
The spreadsheet: One typo, silently wrong numbers
YieldCove: Every cash event reconciled to a running balance
The spreadsheet: Sunday-night data entry
YieldCove: Log a trade in about ten seconds
Spreadsheet vs YieldCove
Your spreadsheet can retire.
Create a free account, bring your trades in by CSV or manual entry, or connect your broker read-only. Wheel, Invest, Budget and Trading stay free forever.