Key stats
About SoFi Social 50 ETF
Home page
Inception date
May 8, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US8863644055
SFYF pursues the wisdom of the crowd approach, as securities that comprise the index are selected based on the individual holdings of investors with self-directed brokerage accounts at SoFi Securities. Stocks meeting minimum trading liquidity requirements over one-month and six-month periods are eligible for consideration. ETFs and other investment companies are not eligible. The underlying index identifies the top 50 US listed stocks most widely held based on the number of accounts and total market value of the securities. Each security is weighted in the index based on its weighted average value in relation to the other index components. Each component is capped at 10% and any sector exposure capped at 50%. The index is rebalanced and reconstituted on a monthly basis. Prior to June 30, 2020, the fund tracked a US multi-factor equity index, the Solactive SoFi US 50 Growth Index. SFYFs name prior to April 5, 2021 was SoFi 50 ETF.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Consumer Durables
Retail Trade
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SFYF trades at 54.88 USD today, its price has fallen −0.62% in the past 24 hours. Track more dynamics on SFYF price chart.
SFYF net asset value is 54.85 today — it's risen 8.73% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SFYF assets under management is 36.41 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SFYF price has risen by 8.78% over the last month, and its yearly performance shows a 50.07% increase. See more dynamics on SFYF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.73% over the last month, showed a 16.85% increase in three-month performance and has increased by 49.54% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.73% over the last month, showed a 16.85% increase in three-month performance and has increased by 49.54% in a year.
SFYF fund flows account for 7.87 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SFYF invests in stocks. See more details in our Analysis section.
SFYF expense ratio is 0.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SFYF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SFYF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SFYF shows the buy signal. See more of SFYF technicals for a more comprehensive analysis.
Today, SFYF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SFYF shows the buy signal. See more of SFYF technicals for a more comprehensive analysis.
Yes, SFYF pays dividends to its holders with the dividend yield of 0.27%.
SFYF trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SFYF shares are issued by Toroso Investments Topco LLC
SFYF follows the SoFi Social 50 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 8, 2019.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.