SFYX
SoFi Next 500 ETF
The SoFi Next 500 ETF seeks to track the performance, before fees and expenses, of the Solactive SoFi US Next 500 Growth Index
US
EQUITY
Rules-Based
MANAGEMENT STYLE
104.5 M
ASSETS UNDER MGMT
0 bp
EXPENSES
Fund Basics
| Fund sponsor | SoFi |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 10, 2019 |
| Assets (mns) | $105 |
| Expense ratio | 0 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-Annually |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Fundamental |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| REGAL BELOIT CORP | 1.2 % |
| ROBINHOOD MARKETS, INC. CLASS A | 1.0 % |
| BLUE OWL CAPITAL INC CLASS A | 1.0 % |
| PURE STORAGE, INC. CLASS A | 0.9 % |
| DYNATRACE, INC. | 0.9 % |
| TECHNIPFMC PLC | 0.8 % |
| INTERACTIVE BROKERS GRO-CL A | 0.8 % |
| NUTANIX, INC. CLASS A | 0.7 % |
| SOFI TECHNOLOGIES INC | 0.7 % |
| NORWEGIAN CRUISE LINE HOLDIN | 0.7 % |
Constituent Breakdown
| Number of holdings | 491 |
| Herfindahl-Hirschman Index | 31 |
| Wgt avg mkt cap (mns) | $11,264 |
| Large cap (>$10bn) | 48.1% |
| Mid cap ($2-10bn) | 50.4% |
| Small cap (<$2bn) | 0.7% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 95.2 % |
 |
BRITAIN | 2.0 % |
 |
IRELAND | 1.2 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 18.8% | 29.5% | 14.3% | 3.2% | 9.0% | -- | 8.8% | Volatility | 17.5% | 18.0% | 18.9% | 22.3% | 24.6% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.15 | 83% |
| MSCI EAFE | 1.03 | 65% |
| MSCI Emg Mkts | 0.74 | 34% |
Liquidity Measures
| Avg. volume (000) | 26 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.11% |
| ADV of underlying (mns) | $37,954 |
Technical Indicators
| Recent close | $14.72 |
| 30d moving avg. | $15.46 |
| Annualized volatility | 22.1% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 0.8% |
| Short interest (underlying) | 4.6% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SFYX |
Expenses vs. SFYX |
ALTAR Score™ vs. SFYX |
|---|---|---|---|---|
| SCHM | Schwab U.S. Mid-Cap ETF | 63.2% | +4 bp | +1.4% |
| BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 62.0% | +7 bp | +0.8% |
| STXM | Strive Mid-Cap ETF | 62.0% | +18 bp | +1.5% |
| BKMC | BNY Mellon US Mid Cap Core Equity ETF | 60.3% | +4 bp | +1.0% |
| VB | Vanguard Small-Cap ETF | 54.9% | +5 bp | +0.2% |
| MDY | SPDR S&P Midcap 400 ETF Trust | 54.3% | +24 bp | +1.6% |
| IJH | iShares Core S&P Mid-Cap ETF | 54.3% | +5 bp | +1.8% |
| IVOO | Vanguard S&P Mid-Cap 400 ETF | 54.3% | +10 bp | +1.7% |
| SPMD | SPDR Portfolio S&P 400 Mid Cap ETF | 53.9% | +3 bp | +1.8% |
| QVMM | Invesco S&P MidCap 400 QVM Multi-factor ETF | 50.1% | +15 bp | +2.2% |
Risk and Returns: SFYX vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/18/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
SFYX
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
SFYX
4.9%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.6%. SFYX's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places SFYX in the 38th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SFYXSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| SFYX (0 bp) Percentile rank | 8 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| SFYX | 0.0 | 10.9 | 10.9 |
| Peer Avg. | 30.3 | 14.0 | 44.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .