Sofi Select 500 Etf Profile
| SFY Etf | USD 17.76 0.06 0.34% |
Performance6 of 100
| Odds Of DistressLess than 50
|
SoFi Select is trading at 17.76 as of the 19th of April 2024; that is -0.34 percent down since the beginning of the trading day. The etf's open price was 17.82. SoFi Select has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for SoFi Select 500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of January 2024 and ending today, the 19th of April 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index. Sofi Select is traded on NYSEARCA Exchange in the United States. The company has 44.55 M outstanding shares of which 7.2 M shares are at this time shorted by investors with about 0.0 days to cover. More on SoFi Select 500
Moving together with SoFi Etf
| 0.85 | VUG | Vanguard Growth Index | PairCorr |
| 0.85 | IWF | iShares Russell 1000 | PairCorr |
| 0.85 | IVW | iShares SP 500 | PairCorr |
| 0.91 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.91 | IUSG | iShares Core SP | PairCorr |
| 0.88 | VONG | Vanguard Russell 1000 | PairCorr |
| 0.76 | MGK | Vanguard Mega Cap | PairCorr |
Moving against SoFi Etf
| 0.89 | BITI | ProShares Trust | PairCorr |
SoFi Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SoFi Select's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SoFi Select or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Growth, SoFi (View all Sectors) |
| Issuer | SoFi |
| Inception Date | 2019-04-11 |
| Benchmark | Solactive SoFi US 500 Growth Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 693.89 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Tidal ETF Services LLC |
| Advisor | Toroso Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Charles Ragauss |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 503 |
| Market Maker | GTS |
| Total Expense | 0.19 |
| Management Fee | 0.19 |
| Country Name | USA |
| Returns Y T D | 5.79 |
| Name | SoFi Select 500 |
| Currency Code | USD |
| Open Figi | BBG00NV84CX0 |
| In Threey Volatility | 18.88 |
| 1y Volatility | 14.27 |
| 200 Day M A | 16.5452 |
| 50 Day M A | 18.1198 |
| Code | SFY |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.46 |
SoFi Select 500 [SFY] is traded in USA and was established 2019-04-10. The fund is classified under Large Growth category within SoFi family. The entity is thematically classified as Size And Style ETFs. SoFi Select 500 at this time have 353.45 M in assets. , while the total return for the last 3 years was 6.8%.
SoFi Select 500 has about 7.32 M in cash with 82.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16.
Check SoFi Select Probability Of Bankruptcy
Top SoFi Select 500 Etf Constituents
| JPM | JPMorgan Chase Co | Stock | Financials |
| ZM | Zoom Video Communications | Stock | Information Technology |
| XOM | Exxon Mobil Corp | Stock | Energy |
| WMT | Walmart | Stock | Consumer Staples |
| V | Visa Class A | Stock | Financials |
| TSLA | Tesla Inc | Stock | Consumer Discretionary |
| PYPL | PayPal Holdings | Stock | Financials |
SoFi Select 500 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SoFi Select market risk premium is the additional return an investor will receive from holding SoFi Select long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SoFi Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SoFi Select's alpha and beta are two of the key measurements used to evaluate SoFi Select's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.05 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) |
SoFi Select Against Markets
Picking the right benchmark for SoFi Select etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SoFi Select etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SoFi Select is critical whether you are bullish or bearish towards SoFi Select 500 at a given time. Please also check how SoFi Select's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SoFi Select without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio File Import Now
Portfolio File ImportQuickly import all of your third-party portfolios from your local drive in csv format |
| All Next | Launch Module |
How to buy SoFi Etf?
Before investing in SoFi Select, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SoFi Select. To buy SoFi Select etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SoFi Select. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SoFi Select etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SoFi Select 500 etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SoFi Select 500 etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SoFi Select 500, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SoFi Etf please use our How to Invest in SoFi Select guide.
Already Invested in SoFi Select 500?
The danger of trading SoFi Select 500 is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SoFi Select is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SoFi Select. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SoFi Select 500 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SoFi Select 500 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SoFi Select's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sofi Select 500 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Sofi Select 500 Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoFi Select 500. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the SoFi Select 500 information on this page should be used as a complementary analysis to other SoFi Select's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of SoFi Select 500 is measured differently than its book value, which is the value of SoFi that is recorded on the company's balance sheet. Investors also form their own opinion of SoFi Select's value that differs from its market value or its book value, called intrinsic value, which is SoFi Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SoFi Select's market value can be influenced by many factors that don't directly affect SoFi Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SoFi Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if SoFi Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoFi Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.