Portfolio Allocation Calculator
Find the right stock/bond mix for your risk tolerance and project your long-term returns.
Step 1: Choose your risk level
Step 2: Enter your numbers
Wealthsimple Invest builds and manages your portfolio automatically. Use code NLX83A — get $25 free.
Open Robo-Advisor — Get $25 Free →What is a Robo-Advisor?
A robo-advisor is an automated investment service that builds and manages a diversified portfolio of ETFs based on your risk tolerance. You answer a few questions, deposit money, and the platform does the rest — automatically rebalancing your portfolio when it drifts from your target allocation.
In Canada, the most popular robo-advisor is Wealthsimple Invest. It invests your money in a mix of global equity and bond ETFs, charges a 0.4–0.5% management fee (on top of ETF MERs), and handles tax-loss harvesting and automatic rebalancing for you.
Robo-advisors are ideal for investors who want a hands-off approach— you don't need to pick ETFs, rebalance, or track markets. The tradeoff is a slightly higher fee than self-directed investing (0.4–0.5% vs 0.20% for a DIY XEQT portfolio), but many investors find the automation and simplicity worth it.