Skip to content

Why your return is different from your broker app

If Metrifly’s return doesn’t match the number in your broker’s app, that’s usually expected — and your data is fine. The two are measuring different things. This explains the common reasons and what, if anything, you need to check.

Broker apps usually show a simple “your price went up X%” figure. Metrifly’s return is fuller, so it will often read differently. Metrifly:

  • includes dividends, franking credits, and distributions, not just price;
  • separates out currency movement on your overseas holdings;
  • accounts for when you invested (money-weighted), not just the start and end prices;
  • keeps realised gains from shares you’ve already sold in your total return.

Add those together and you usually get a higher, more complete return than a broker app’s price-only number — especially for dividend-paying or foreign holdings.

CauseHow to tellWhat to check
Dividends countedYour holdings pay dividends or distributionsMetrifly includes income (grossed up for franking); your broker app may not. This is expected.
Currency movementYou hold foreign-currency sharesMetrifly splits price gain from currency gain. A broker app may show the gain in the local currency only.
Timing of contributionsYou added money at different timesMetrifly is money-weighted, so when you invested matters — not just start and end prices.
Realised gains kept inYou’ve sold part of a holdingMetrifly keeps the profit on sold shares in your total return; some apps drop it once you sell.
Different pricesSmall dollar differences on a given dayMetrifly and your broker use different market-data providers, which can price a stock or exchange rate slightly differently. The method is the same; the input prices differ.
Different date rangeThe percentages are close but not equalMake sure both are showing the same period — Metrifly’s date range bar and your broker’s range may not match.

If the difference looks too large to explain, check these first:

  1. Confirm both views cover the same date range.
  2. Make sure your trades and dividends are all imported and confirmed — a missing trade or unconfirmed dividend will shift the number.
  3. Read How your return is calculated to see exactly what’s included.

If it still doesn’t add up, contact support with your portfolio name, the date range, the two figures you’re comparing, and where each came from.