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ETFs

SoFi Select 500 ETF

SFY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 11 2019
Expense Ratio
0.00%
Type
US Equities
Fund Owner
Sofi
Volume (1m avg. daily)
$1,417,593
AUM
$479,171,000
Associated Index
Solactive SoFi US 500 Growth Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AMZN
Amazon.com Inc.
6.19%
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Apple Inc
5.08%
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Microsoft Corporation
4.66%
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Tesla Inc
3.69%
XOM
Exxon Mobil Corp.
1.97%
NVDA
NVIDIA Corp
1.72%
CVX
Chevron Corp.
1.47%
GOOG
Alphabet Inc - Ordinary Shares - Class C
1.42%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.41%
CRM
Salesforce Inc
1.34%
Invest with SFY

What is SFY?

The SoFi Select 500 ETF (SFY) is composed of the 500 largest publicly traded U.S. companies. SoFi weights each company based on three key growth signals not just market capitalization as many traditional indexed ETFs do. The SoFi Select 500 ETF seeks to track the performance, before fees and expenses, of the Solactive SoFi US 500 Growth Index.

ETFs related toSFY

ETFs correlated to SFY include ITOT, IYY, IWB

SFY
Tidal ETF Trust - SoFi Select 500 ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
VONE
Vanguard Group, Inc. - Vanguard Russell 1000 Index ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSFY

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with SFY using Composer

FAQ

SFY is a US Equities ETF. The SoFi Select 500 ETF (SFY) is composed of the 500 largest publicly traded U.S. companies. SoFi weights each company based on three key growth signals not just market capitalization as many traditional indexed ETFs do. The SoFi Select 500 ETF seeks to track the performance, before fees and expenses, of the Solactive SoFi US 500 Growth Index.

SFY tracks the Solactive SoFi US 500 Growth Index.

No, SFY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SFY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SFY is 0.0592%. This is the percent change in the value of SFY over the most recent 1-month period. The 3-month return on SFY is 0.1078%. This is the percent change in the value of SFY over the most recent 3-month period.

The standard deviation of SFY for the past year is 0.2198%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SFY include VIG, DFAT, and VYM.

ETFs correlated to SFY include ITOT, IYY, and IWB.

ETFs that are inversely correlated to SFY include SDS, SPDN, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.