The SoFi Select 500 ETF (SFY) was launched on April 11, 2019, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
SFY is comprised of 500 U.S. large-cap securities selected and weighted based on their market caps and growth scores. Its expense ratio is 0.05% and the ETF has $558M in assets. SFY distinguishes itself from its peers by relying only on a short one-year growth window (both forward and backward looking) to evaluate a security's attractiveness. Companies with the highest short-term growth rates receive the largest positive adjustments, and my analysis suggests this strategy works best in high-growth environments where earnings growth trends are somewhat steady.
A smart beta exchange traded fund, the SoFi Select 500 ETF (SFY) debuted on 04/11/2019, and offers broad exposure to the Style Box - Large Cap Growth category of the market.
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the SoFi Select 500 ETF (SFY), a passively managed exchange traded fund launched on April 11, 2019.
Making its debut on 04/11/2019, smart beta exchange traded fund SoFi Select 500 ETF (SFY) provides investors broad exposure to the Style Box - Large Cap Growth category of the market.
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the SoFi Select 500 ETF (SFY) is a passively managed exchange traded fund launched on 04/11/2019.
SFY's growth-focused strategy is risky in the current macro environment, with trade tensions and stretched valuations increasing risk. The fund's heavy tech and top-10 concentration introduce significant idiosyncratic risk, making it unattractive for risk-averse investors right now. Economic indicators point to slowing growth, a cooling labor market, and rising inflation.
The SoFi Select 500 ETF (SFY) made its debut on 04/11/2019, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Growth category of the market.
Launched on 04/11/2019, the SoFi Select 500 ETF (SFY) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.
A smart beta exchange traded fund, the SoFi Select 500 ETF (SFY) debuted on 04/11/2019, and offers broad exposure to the Style Box - Large Cap Growth category of the market.
The SoFi Select 500 ETF (SFY) was launched on 04/11/2019, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
A smart beta exchange traded fund, the SoFi Select 500 ETF (SFY) debuted on 04/11/2019, and offers broad exposure to the Style Box - Large Cap Growth category of the market.