SoFi Weekly Dividend ETF (WKLY)
SoFi Weekly Dividend ETF operates in the Asset Management industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $49.41, up 0.31% on the session, giving a market capitalisation of $11.1M. Its beta of 0.00 implies it has historically moved less than the broad market.
The SoFi Weekly Dividend ETF is structured to replicate the performance of a specific underlying index. This index follows a systematic, predefined methodology to identify publicly traded, large and mid-sized companies located in developed markets, both within the U.S. and internationally. Crucially, these companies are chosen based on a series of dividend-focused criteria that prioritize the long-term viability and consistency of their dividend distributions. The fund's manager intends to invest nearly all of its capital into the exact securities that constitute this benchmark index. Furthermore, a minimum of 80% of the fund's net assets will be allocated to companies that pay dividends. It's important to note that this fund operates with a non-diversified investment strategy.
SoFi Weekly Dividend ETF is most often compared with the following Financial Services names: