Symbols

SFYX

SoFi Next 500 ETF·NYSE

--(--)

Key Stats

Assets Under Management

27.55MUSD

Fund Flows (1Y)

-4.37MUSD

Dividend Yield

1.36%

Discount/Premium to NAV

-0.09%

Shares Outstanding

1.60M

Expense Ratio

0.06%

About SoFi Next 500 ETF

Issuer

Tidal Investments LLC

Brand

SoFi

Home Page

https://www.sofi.com/invest/etfs/sfyx/

Inception Date

Apr 11, 2019

Structure

Open-Ended Fund

Index Tracked

Solactive SoFi US Next 500 Growth Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Tidal Investments LLC

Distributor

Foreside Fund Services LLC

SFYX holds a broad portfolio of US mid-cap securities. The fund specifically contains the 501st through the 1000th securities pulled from the Solactive US Broad Market Index, a cap-weighted index that includes approximately 3,000 of the largest US companies. Selected securities are weighted by a proprietary combination of market cap and fundamental growth factors which include: trailing 12-month sales growth, trailing 12-month earnings per share, and 12-month forward-looking EPS growth consensus estimates. The index is rebalanced and reconstituted annually. SFYX is a sister fund of SFY, which on the other hand consists of the 500 largest companies by market cap.