SYFX too early to tellAfter the initial flurry, quite the nose dive. How's this idea got legs to prove worthy? I'm not sure but I like the concept!
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About SoFi Next 500 ETF
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Inception date
Apr 11, 2019
SFYX holds a broad portfolio of US mid-cap securities. The fund specifically contains the 501st through the 1000th securities pulled from the Solactive US Broad Market Index, a cap-weighted index that includes approximately 3,000 of the largest US companies. Selected securities are weighted by a proprietary combination of market cap and fundamental growth factors which include: trailing 12-month sales growth, trailing 12-month earnings per share, and 12-month forward-looking EPS growth consensus estimates. The index is rebalanced and reconstituted annually. SFYX is a sister fund of SFY, which on the other hand consists of the 500 largest companies by market cap.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Stock breakdown by region
