SoFi Next 500 ETF

Frequently Asked Questions About SFYX

What does SFYX invest in?

Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index follows a rules-based methodology that tracks the performance of the 500 smallest of the 1,000 largest U.S.-listed companies weighted based on a proprietary mix of their market capitalization and fundamental factors.

What is the expense ratio of SFYX?

SoFi Next 500 ETF (SFYX) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SFYX?

SoFi Next 500 ETF (SFYX) manages $25.8M 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 SFYX actively managed or an index fund?

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

When was SFYX launched?

SoFi Next 500 ETF (SFYX) launched in April 2019 and is managed by SoFi.

How has SFYX performed?

SFYX'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.