SFYF

SoFi Social 50 ETF

$54.53

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The SoFi Social 50 ETF (SFYF) seeks to track the performance of the Solactive Social Media and Networking Index, which is designed to provide exposure to the 50 largest U.S. companies involved in social media and networking activities.

Overview

ETF tracking SoFi Social 50 ETF

Category ESG

Issuer Other

Inception Date 2019-05-08

Market Cap $35.4M

Average Volume N/A

Dividend Yield 0.27%

52-Week Range $33.98 - $57.99

VWAP $54.29

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a passively managed, full replication approach to track the index. It invests in the common stocks of the 50 companies that make up the underlying index, seeking to replicate the index's performance.

✨ Key Features

Provides exposure to the social media and networking industry
Tracks the Solactive Social Media and Networking Index, a rules-based index
Passively managed, full replication approach
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Volatility risk as the social media and networking industry can be subject to significant price swings
Liquidity risk as some of the underlying holdings may have lower trading volumes
Market risk as the fund's performance is tied to the overall stock market

👤 Best For

The SoFi Social 50 ETF may be suitable for investors seeking exposure to the social media and networking industry as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance who are comfortable with the volatility associated with a sector-focused fund.