SoFi Next 500 ETF (SFYX)
SoFi Next 500 ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $17.17, up 0.59% on the session, giving a market capitalisation of $26.9M. Its beta of 1.19 implies it has historically moved more than the broad market.
Typically, at least 80% of the fund's total investments, not including collateral from securities lending, are directed into the constituent stocks of its benchmark index. This index operates under a systematic, rule-based framework designed to monitor the performance of the 500 smallest publicly traded U.S. companies, chosen from the 1,000 largest firms in the market. The weighting of these companies within the index is determined by a unique combination of their market value and essential financial characteristics.
SoFi Next 500 ETF is most often compared with the following Financial Services names: