Hedger vs Monery
Written with AI assistance
Monery is a Czech portfolio tracker (web + iOS) with an automatically generated tax report. Three things worth flagging before we get into Hedger's features:
- No free tier. Monery removed its free plan; only paid Premium remains (3 490 Kč / year on the web, 4 550 Kč / year via the iOS App Store). Without paying, we could not run a same-data comparison, so this page is not a side-by-side test.
- Popularity is hard to read from outside. Monery shows up in some Czech search results, but real third-party reviews are sparse — one ignored inquiry on P2Pforum, no Reddit thread we could find, the App Store listing has too few ratings to display. Distribution looks to lean heavily on the audience of investing-YouTuber Ondřej Koběrský, who co-owns Monery 50/50 with IT company Atreo (per cc.cz).
- Aimed at casual investors. Visually decent. The public marketing focuses on stocks, dividends, asset breakdowns and a tax report. We could not find public information about how Monery handles options and other derivatives, what FIFO methodology it uses, or how much audit trail there is — things that matter for filing taxes on more complicated portfolios. Hedger is aimed at the opposite end: multi-broker portfolios with options, bonds, FX and corporate actions, with the full audit trail back to each broker CSV row.
What Hedger does
- Dashboard — cash, positions, unrealized P&L (gain / loss), portfolio value chart
- Portfolio changes — daily / weekly / monthly / yearly attribution of returns (Price changes / FX rates / Dividend and interest income / Fees / Taxes), per position or per broker
- Audit trail — every number can be drilled down to the specific CSV row from the broker
- Position / instrument detail — instrument page with chart, trading history, P&L, FIFO lots, dividend history, news and earnings dates
- Portfolio distribution — breakdown by sector, country, currency, asset class and broker, with drill-down
- Performance and risk — TWR, XIRR, Sharpe ratio, max drawdown, beta vs the chosen benchmark
- Dividend analysis — monthly and yearly flows, top payers, 12-month forecast, withholding tax per country and tax treaty
- Watchlist — track stocks you don't own yet; price alerts, earnings, news
- RSU and ESPP tax calculator — to help with taxes on employee stock awards
- Weekly summary — Monday recap of what happened with the portfolio over the past week, in-app and by email
- Market intelligence — earnings calendar, macro events, news filtered to your positions
- Czech tax report — FIFO lots, 3-year time test, daily or unified yearly FX rate, withholding tax tracking, mojedane.cz XML export. Verified row-by-row against Taxomat on the founder's data — see the comparison at /vs/taxomat.
App previews
Try Hedger
Hedger is in open beta. The simplest way to find out whether it suits you: open the demo account — no registration, free, you can click through and try everything on real demo data before deciding to register and upload your own.