CoreBalance vs
Indexa Capital
Automatic delegation in exchange for additional fees or independent management of your own funds for free and 100% privately?
CoreBalance
Total control and independence without intermediary fees
A free and interactive web calculator designed for DIY investors. It allows you to rebalance your own portfolios at any bank or broker, optimizing contributions and maintaining absolute local privacy.
Indexa Capital
The leading automated manager (Robo-advisor) in Spain
A regulated financial service that delegates the full management of your portfolio. They select your index funds, make purchases, and rebalance automatically in exchange for an additional management fee on your capital.
Cost & Flexibility Comparison
| Feature | CoreBalance | Indexa Capital |
|---|---|---|
| Management & Rebalancing | Guided manual (you execute orders) | 100% Automatic (delegated to their platform) |
| Additional Management Fee | 0% (Completamente free) | 0.43% - 0.60% annually on average (by capital) |
| Fund Flexibility | Total (you choose any fund or ETF) | Limited (closed profiles with pre-selected funds) |
| Custody & Broker Choice | Any (MyInvestor, DeGiro, R4, etc.) | Restricted (Inversis Bank or Cecabank) |
| Privacy & Registration | No registration (local browser data) | Required (full KYC, ID, and tax data) |
| Minimum Capital | From 0 € | From 3,000 € (for diversified portfolios) |
The Long-Term Impact of Fees
Simulation of accumulated management fees over 10 years (assuming an additional annual management fee of 0.45% in Indexa Capital vs 0% in CoreBalance).
| Invested Capital | Annual Fee (Indexa Capital) | Fees in 10 Years (Indexa Capital) | Cost in CoreBalance |
|---|---|---|---|
| 10.000 € | ~45 € | ~450 € | 0 € |
| 50.000 € | ~225 € | ~2.250 € | 0 € |
| 100.000 € | ~450 € | ~4.500 € | 0 € |
* Note: This simulation does not include the underlying fund cost (TER) of approx. 0.15% which applies to both. It only compares the management fee charge.
Pros & Cons: Which suits you best?
Choose CoreBalance if you want:
- Fee savings: By managing the portfolio yourself in custody-free banks (e.g. MyInvestor), you save the robo-advisor fee.
- Asset freedom: You can combine Vanguard, Fidelity, or Amundi index funds and add ETFs to your liking.
- Absolute privacy: Ideal if you prefer not to share your financial balances or ID card over the internet.
Choose Indexa Capital if you want:
- Total convenience (Hands-free): Just transfer money from your bank account and they handle buying and rebalancing automatically without your intervention.
- Pension plan management: Automation not only in index funds, but also in index pension plans.
- Initial risk profiling: An automated test that decides your optimal portfolio if you do not know how to choose your asset allocation.
Frequently Asked Questions
Is it easy to replicate Indexa Capital's portfolio?
Yes. Indexa Capital publishes their portfolio allocations. You can replicate them identically in CoreBalance and buy those funds through MyInvestor or any other broker to save the management fee.
Is it worth managing the portfolio manually?
If you invest monthly, making the purchases takes less than 5 minutes using CoreBalance calculations. For most investors, saving thousands of euros over the long term outweighs this small monthly effort.
Take control of your investments privately
Use CoreBalance for free to calculate your rebalancing and keep all your capital invested without paying management fees.