Justwealth vs Wealthsimple
Justwealth has been providing Justice to Canadian investors for over 10 years.
While Wealthsimple is a recognized name in the industry, much of their investment goes toward brand awareness. At Justwealth, our focus is different: we prioritize delivering industry-leading returns and personalized service to help you reach your financial goals.
Data as of March 31, 2026. Source: Individual Company Websites. All figures are sourced from each firm’s public website. Justwealth returns are presented net of ETF management expense ratios and a Justwealth management fee of 0.5%. Wealthsimple’s website indicates its returns are net of fees. *N/As indicate periods for which performance data was not publicly disclosed by the respective firm. Rates of return are presented for the time period indicated unless the time period exceeds one year in which case rates of return have been annualized. Past performance is not a guarantee of future returns.
But there is more to Justwealth than outstanding results – we also provide excellent service, and the sophisticated, unbiased advice only an independently owned firm can provide.
*For the fourth straight year, Justwealth had the highest five-year after-fee annualized total returns for the growth portfolio – Globe and Mail, Nov 28, 2024 – The Globe and Mail’s 2024 Robo-Adviser Guide. **Justwealth provides a dedicated Portfolio Advisor for all our clients, regardless of the size of their portfolio. Wealthsimple does not provide a dedicated Portfolio Advisor for their Core clients.
For the third straight year, and the fourth time in the last five years, MoneySense has named Justwealth the Best Overall Robo Advisor in Canada! Justwealth “assigns clients a dedicated advisor to deal with instead of an anonymous help desk. And it has by far the widest range of portfolio types—more than 80 of them.”
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Disclaimers
The information presented above was obtained from sources which we believe to be reliable, but we cannot guarantee the accuracy of the information. The information does not constitute financial, tax, legal or any other kind of advice, nor is it an offer to buy or sell any securities. Rates of return are presented in Canadian dollars, annualized, and are net of the fees indicated. For additional details on the calculation of Justwealth rates of return, please refer to the disclosure on our performance page. Past performance is not a guarantee of future returns.
This analysis is a comparison of the three portfolios by Wealthsimple to corresponding portfolios offered by Justwealth, an independent, low-cost online Canadian Portfolio Manager. The categories used in the analysis attempt to compare portfolios with similar allocations to fixed income and equity securities. The three categories and approximate asset allocations are as follows:
Moderate: 60% Fixed Income/40% Equity
Balanced: 40% Fixed Income/60% Equity
Aggressive: 20% Fixed Income/80% Equity