THTA

SoFi Enhanced Yield ETF

$15.14
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The SoFi Enhanced Yield ETF (THTA) seeks to provide current income while maintaining a focus on capital preservation.

Overview

ETF tracking SoFi Enhanced Yield ETF

Category Value
Issuer Other
Inception Date 2023-11-15
Market Cap $34.8M
Average Volume N/A
Dividend Yield 10.45%
52-Week Range $13.10 - $19.22
VWAP $15.10

Performance

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Investment Summary

📎 Investment Objective

The SoFi Enhanced Yield ETF (THTA) seeks to provide current income while maintaining a focus on capital preservation.

🎯 Investment Strategy

THTA invests in a diversified portfolio of fixed income securities, including U.S. Treasuries, investment-grade corporate bonds, and other debt instruments. The fund aims to enhance yield through the use of active management and selective exposure to higher-yielding sectors.

✨ Key Features

  • Diversified fixed income portfolio with a focus on income generation
  • Actively managed to potentially enhance yield while managing risk
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Interest rate risk: The fund's holdings may decline in value when interest rates rise
  • Credit risk: The fund is exposed to the risk of default or downgrade by the issuers of its holdings
  • Liquidity risk: Some of the fund's investments may be difficult to sell at an advantageous time or price
  • Lack of performance history: As a new fund, THTA does not have a long track record to evaluate

👤 Best For

THTA may be suitable for investors seeking current income and capital preservation, with a moderate risk tolerance. The fund's focus on active management and yield enhancement may appeal to investors looking to complement a core fixed income allocation.