SoFi Select 500 ETF

Frequently Asked Questions About SFY

What does SFY invest in?

This fund generally invests at least 80% of its total assets in the constituent securities of its tracking index. The index utilizes a systematic, rules-based approach to monitor the performance of 500 prominent U.S.-listed corporations. The weighting of these companies within the index is determined by a unique combination of their market capitalization and various core business attributes.

What is the expense ratio of SFY?

SoFi Select 500 ETF (SFY) charges an expense ratio of 0.19%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SFY?

SoFi Select 500 ETF (SFY) manages $692.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SFY actively managed or an index fund?

SFY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SFY launched?

SoFi Select 500 ETF (SFY) launched in April 2019 and is managed by SoFi.

How has SFY performed?

SFY's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.