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ETFs

SoFi Weekly Dividend ETF

WKLY
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
May 11 2021
Expense Ratio
0.49%
Type
Global Equities
Fund Owner
Sofi
Volume (1m avg. daily)
$76,710
AUM
$10,410,795
Associated Index
SoFi Sustainable Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

XOM
Exxon Mobil Corp.
3.48%
JPM
JPMorgan Chase & Co.
3.16%
JNJ
Johnson & Johnson
3.12%
PG
Procter & Gamble Co.
2.67%
AVGO
Broadcom Inc
2.50%
CVX
Chevron Corp.
2.15%
MRK
Merck & Co Inc
2.04%
KO
Coca-Cola Co
1.69%
CSCO
Cisco Systems, Inc.
1.63%
7203
Toyota Motor Corporation
1.61%
Invest with WKLY

What is WKLY?

WKLY seeks to provide investors with consistent income by tracking the SoFi Sustainable Dividend Index, made up of the most consistent dividend-paying companies globally. Securities selected for the index have maintained their dividend payments over the last 12 months, been forecasted to continue to pay over the next 12 months, and have met a number of additional screens designed to remove companies at risk of reducing their dividend payouts. Holdings are weighted by market capitalization and rebalanced quarterly.

ETFs related toWKLY

ETFs correlated to WKLY include JAVA, AVGE, FDVV

WKLY
Tidal ETF Trust - SoFi Weekly Dividend ETF
JAVA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
FDVV
Fidelity Covington Trust - Fidelity High Dividend ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
VONV
Vanguard Group, Inc. - Vanguard Russell 1000 Value Index ETF
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF
DIVB
BlackRock Institutional Trust Company N.A. - iShares Core Dividend ETF
VTV
Vanguard Group, Inc. - Vanguard Value 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 toWKLY

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with WKLY using Composer

FAQ

WKLY is a Global Equities ETF. WKLY seeks to provide investors with consistent income by tracking the SoFi Sustainable Dividend Index, made up of the most consistent dividend-paying companies globally. Securities selected for the index have maintained their dividend payments over the last 12 months, been forecasted to continue to pay over the next 12 months, and have met a number of additional screens designed to remove companies at risk of reducing their dividend payouts. Holdings are weighted by market capitalization and rebalanced quarterly.

WKLY tracks the SoFi Sustainable Dividend Index.

WKLY dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

No, WKLY 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, WKLY 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 WKLY is 0.0007%. This is the percent change in the value of WKLY over the most recent 1-month period. The 3-month return on WKLY is 0.009%. This is the percent change in the value of WKLY over the most recent 3-month period.

The standard deviation of WKLY for the past year is 0.1466%. 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 WKLY include DGS, DFIV, and DXJ.

ETFs correlated to WKLY include JAVA, AVGE, and FDVV.

ETFs that are inversely correlated to WKLY include DOG, SDOW, and DXD.

Disclaimers

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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.