SoFi Select 500 ETF
ALTAR
Score™
5.4% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
24.2x P/Sales
ratio
2.2x
P/BV
ratio
3.1x Div.
yield
1.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The SoFi Select 500 ETF seeks to track the performance, before fees and expenses, of the Solactive SoFi US 500 Growth Index.

FUND BASICS
Category US Equities
Fund Sponsor SoFi
Website www.sofi.com/invest/etfs/
Inception date Apr 10, 2019
Assets (mns) $87
Currency USD
Expense ratio 0 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Fundamental
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 499
Wgt avg mkt cap (mns) $309,496
Large cap (>$10bn) 98.0%
Mid cap ($2-10bn) 2.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 4.3 %
BERKSHIRE HATHAWAY INC-CL B 4.2 %
AMAZON.COM INC 4.2 %
APPLE INC 3.6 %
WAL-MART STORES INC 1.5 %
FACEBOOK 1.5 %
CVS CAREMARK CORP 1.4 %
ALPHABET INC. CLASS C 1.4 %
JOHNSON & JOHNSON 1.3 %
SALESFORCE.COM INC 1.3 %
Total 24.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.8 %
IRELAND 1.0 %
BRITAIN 0.5 %
BERMUDA 0.5 %
SWITZERLAND 0.3 %
NETHERLANDS 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-2.0% 16.3% -- -- 8.2%

Market Correlations
versus... Beta R-squared
S&P500 0.96 99%
MSCI EAFE 0.96 91%
MSCI Emg. Mkts. 0.75 81%

Technical Indicators
Recent close $11.10
30d moving avg. $10.41
Annualized volatility 22.1%
Short interest (ETF) 0.7%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 44
Turnover 0.6%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $273,443

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the SoFi Select 500 ETF ETF based on the alternatives' overlap in portfolio holdings with SFY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SFY Expense: 0 bp ALTAR Score™: 5.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SFY
Ticker Fund
Name
Overlap1
vs SFY
(%)
Expense
ratio
(bp)
Savings
vs SFY
(bp)
ALTAR
Score™
(%)
ALTAR
vs SFY
(%)
VV Vanguard Large-Cap Index Fund 80.1 4 -4 5.4 +0.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 79.8 2 -2 5.4 +0.1
PBUS Invesco PureBeta MSCI USA ETF 79.8 4 -4 5.4 +0.0
SCHX Schwab U.S. Large-Cap ETF 79.8 3 -3 5.4 +0.0
PBP Invesco S&P 500 BuyWrite ETF 79.6 49 -49 5.1 -0.3
HSPX Global X S&P 500 Covered Call ETF 79.2 65 -65 5.0 -0.4
SCHK Schwab 1000 Index ETF 79.0 5 -5 5.4 +0.0
IWB iShares Russell 1000 ETF 78.9 15 -15 5.3 -0.1
IYY iShares Dow Jones U.S. ETF 78.7 20 -20 5.3 -0.1
VONE Vanguard Russell 1000 ETF 78.6 8 -8 5.4 +0.0
SPLG SPDR Portfolio Large Cap ETF 78.2 3 -3 5.5 +0.2
IVV iShares Core S&P 500 ETF 78.1 4 -4 5.5 +0.1
SPY SPDR S&P 500 ETF Trust 78.1 9 -9 5.5 +0.1
VTI Vanguard Total Stock Market Index Fund 77.7 3 -3 5.3 -0.1
VOO VANGUARD S&P 500 ETF 77.6 3 -3 5.5 +0.2
SCHB Schwab U.S. Broad Market ETF 77.6 3 -3 5.4 -0.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 77.5 3 -3 5.3 -0.1
IWV iShares Russell 3000 ETF 77.3 20 -20 5.2 -0.2
SPXE ProShares S&P 500 Ex-Energy ETF 77.2 27 -27 5.4 +0.1
VTHR Vanguard Russell 3000 Index Fund 77.0 10 -10 5.3 -0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 76.8 20 -20 5.5 +0.2
SPTM SPDR Portfolio Total Stock Market ETF 76.7 3 -3 5.6 +0.2
MGC Vanguard Mega Cap Index Fund 71.5 7 -7 5.3 -0.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 70.4 9 -9 5.6 +0.2
JHML John Hancock Multifactor Large Cap ETF 70.1 34 -34 5.6 +0.2
SPXN ProShares S&P 500 Ex-Financials ETF 69.9 27 -27 5.1 -0.2
ESGV Vanguard ESG U.S. Stock ETF 69.5 12 -12 5.3 -0.1
IWL iShares Russell Top 200 ETF 67.7 15 -15 5.2 -0.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 67.2 12 -12 5.1 -0.3
CATH Global X S&P 500 Catholic Values Custom ETF 67.1 29 -29 5.3 -0.0
SPXV ProShares S&P 500 Ex-Health Care ETF 67.0 27 -27 5.2 -0.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 66.6 20 -20 5.1 -0.3
TOK iShares MSCI Kokusai ETF 66.5 25 -25 5.8 +0.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 66.4 25 -25 6.2 +0.8
EPS WisdomTree U.S. Earnings 500 Fund 65.0 8 -8 6.5 +1.1
ESGU iShares MSCI USA ESG Optimized ETF 63.0 15 -15 5.2 -0.2
URTH iShares MSCI World ETF 61.8 24 -24 5.9 +0.5
IQSU IQ Candriam ESG US Equity ETF 61.3 9 -9 5.3 -0.1
AVUS Avantis U.S. Equity ETF 61.0 15 -15 5.8 +0.5
SNPE Xtrackers S&P 500 ESG ETF 60.9 11 -11 5.2 -0.1
SPXT ProShares S&P 500 Ex-Technology ETF 60.9 27 -27 5.7 +0.3
QUS SPDR MSCI USA StrategicFactors ETF 60.5 15 -15 5.9 +0.5
IUS Invesco Strategic US ETF 60.2 19 -19 6.2 +0.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 60.1 25 -25 6.6 +1.2
PRF Invesco FTSE RAFI US 1000 ETF 59.8 39 -39 6.8 +1.4
SPYG SPDR Portfolio S&P 500 Growth ETF 59.2 4 -4 4.5 -0.9
IVW iShares S&P 500 Growth ETF 59.1 18 -18 4.3 -1.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 58.9 25 -25 6.6 +1.2
VOOG Vanguard S&P 500 Growth ETF 58.8 10 -10 4.4 -1.0
IUSG iShares Core S&P US Growth ETF 58.8 4 -4 4.5 -0.9
RWL Invesco S&P 500 Revenue ETF 57.5 39 -39 6.8 +1.5
VONG Vanguard Russell 1000 Growth Index Fund 56.9 8 -8 4.4 -0.9
IWF iShares Russell 1000 Growth ETF 56.9 19 -19 4.3 -1.0
OEF iShares S&P 100 ETF 55.6 20 -20 5.0 -0.4
XOUT GraniteShares XOUT U.S. Large Cap ETF 55.6 60 -60 4.5 -0.8
ACWI iShares MSCI ACWI ETF 55.0 32 -32 6.1 +0.7
VLU SPDR S&P 1500 Value Tilt ETF 54.7 12 -12 7.4 +2.0
ESG FlexShares STOXX US ESG Impact Index Fund 54.5 32 -32 5.2 -0.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 53.6 30 -30 6.8 +1.4
DLN WisdomTree U.S. LargeCap Dividend Fund 53.4 28 -28 6.4 +1.0
DTD WisdomTree U.S.Total Dividend Fund 53.2 28 -28 6.6 +1.3
DIVB iShares U.S. Dividend & Buyback ETF 53.0 25 -25 6.5 +1.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 52.7 20 -20 6.4 +1.0
SCHG Schwab U.S. Large-Cap Growth ETF 52.6 4 -4 4.3 -1.1
LOWC SPDR MSCI ACWI Low Carbon Target ETF 52.5 20 -20 6.5 +1.1
SPYV SPDR Portfolio S&P 500 Value ETF 51.9 4 -4 7.3 +2.0
IVE iShares S&P 500 Value ETF 51.9 18 -18 7.2 +1.8
VOOV Vanguard S&P 500 Value ETF 51.6 15 -15 7.2 +1.9
IUSV iShares Core S&P U.S. Value ETF 51.1 4 -4 7.4 +2.0
VUG Vanguard Growth Index Fund 50.6 4 -4 4.2 -1.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 50.2 29 -29 6.2 +0.8
EXT WisdomTree U.S. Total Earnings Fund 50.1 28 -28 5.8 +0.5
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 49.9 15 -15 6.4 +1.0
VT Vanguard Total World Stock Index Fund 49.2 8 -8 6.3 +1.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 48.8 9 -9 5.9 +0.6
IWY iShares Russell Top 200 Growth ETF 48.6 20 -20 4.3 -1.1
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 48.0 29 -29 4.3 -1.0
ESGG FlexShares STOXX Global ESG Impact Index Fund 47.8 42 -42 5.7 +0.3
QWLD SPDR MSCI World StrategicFactors ETF 47.3 30 -30 6.1 +0.7
NACP Impact Shares NAACP Minority Empowerment ETF 47.3 75 -75 4.6 -0.7
RECS Columbia Research Enhanced Core ETF 46.8 15 -15 5.7 +0.3
VEGN US Vegan Climate ETF 46.5 60 -60 5.3 -0.1
AFLG First Trust Active Factor Large Cap ETF 46.2 55 -55 5.6 +0.2
EUSA iShares MSCI USA Equal Weighted ETF 46.0 15 -15 6.1 +0.7
XLG Invesco S&P 500 Top 50 ETF 46.0 20 -20 4.7 -0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 45.9 9 -9 6.3 +0.9
SIZE iShares Edge MSCI USA Size Factor ETF 45.5 15 -15 6.0 +0.6
DSI iShares MSCI KLD 400 Social ETF 45.1 25 -25 5.3 -0.1
DGRO iShares Core Dividend Growth ETF 45.0 8 -8 6.5 +1.2
TMFC Motley Fool 100 Index ETF 44.9 50 -50 4.0 -1.4
KRMA Global X Conscious Companies ETF 44.5 43 -43 5.3 -0.1
EQWL Invesco Russell Top 200 Equal Weight ETF 44.3 25 -25 6.0 +0.7
IWD iShares Russell 1000 Value ETF 44.0 19 -19 7.1 +1.7
WOMN Impact Shares YWCA Women's Empowerment ETF 44.0 75 -75 4.6 -0.8
RSP Invesco S&P 500 Equal Weight ETF 43.8 20 -20 6.9 +1.5
VONV Vanguard Russell 1000 Value Index Fund 43.6 8 -8 7.2 +1.8
SUSL iShares ESG MSCI USA Leaders ETF 43.3 10 -10 5.4 +0.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 43.3 10 -10 5.5 +0.1
MGK Vanguard Mega Cap Growth ETF 43.3 7 -7 4.3 -1.1
RNLC Large Cap US Equity Select ETF 43.2 60 -60 6.2 +0.9

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
SoFi Select 500 ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.6 %
Divided by: Fwd. P/BV 2.9 x
Less: Expense ratio 0 bp
Equals: ALTAR Score 5.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.44 CATEGORY
AVERAGE
1.53
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.