SoFi Smart Energy ETF (ENRG)
SoFi Smart Energy ETF operates in the Asset Management industry of the Financial Services sector, headquartered in IL. The stock last traded at $12.33, down 2.23% on the session, giving a market capitalisation of $1.7M. Its beta of 1.55 implies it has historically moved more than the broad market.
The SoFi Smart Energy ETF (ENRG) aims to track an index that utilizes a systematic, rules-based method to identify and include publicly traded companies. These companies, which can be large, mid, or small in market capitalization, operate in both U.S. and international markets, encompassing both developed and emerging economies. Their selection is based on whether they offer products and services that support or enable distributed energy generation. The fund's investment approach dictates that it will commit nearly all of its capital to the stocks comprising this underlying index. It's important to note that the fund maintains a non-diversified portfolio.
SoFi Smart Energy ETF is most often compared with the following Financial Services names: