SoFi Select 500 ETF
ALTAR
Score™
4.6% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
28.4x P/Sales
ratio
2.8x
P/BV
ratio
3.9x Div.
yield
1.3%


  • 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) $162
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 497
Wgt avg mkt cap (mns) $442,643
Large cap (>$10bn) 98.9%
Mid cap ($2-10bn) 1.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 4.9 %
AMAZON.COM INC 4.4 %
BERKSHIRE HATHAWAY INC-CL B 4.1 %
MICROSOFT CORP 4.1 %
TESLA MOTORS INC 3.1 %
WAL-MART STORES INC 1.4 %
ALPHABET INC. CLASS C 1.4 %
FACEBOOK 1.4 %
SALESFORCE.COM INC 1.3 %
CVS CAREMARK CORP 1.3 %
Total 27.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.2 %
IRELAND 1.0 %
BERMUDA 0.5 %
BRITAIN 0.5 %
SWITZERLAND 0.3 %
NETHERLANDS 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
24.5% 24.5% -- -- 21.5%

Market Correlations
versus... Beta R-squared
S&P500 0.99 99%
MSCI EAFE 0.89 88%
MSCI Emg. Mkts. 0.72 70%

Technical Indicators
Recent close $14.17
30d moving avg. $13.90
Annualized volatility 21.2%
Short interest (ETF) 1.2%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 76
Turnover 0.7%
Bid/Ask (% of price) 0.24%
ADV underlying (mns) $271,873

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 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™: 4.6%


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 80.2 4 -4 4.6 +0.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 80.0 2 -2 4.6 +0.1
PBUS Invesco PureBeta MSCI USA ETF 79.8 4 -4 4.6 +0.0
SCHX Schwab U.S. Large-Cap ETF 79.6 3 -3 4.6 -0.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 79.6 7 -7 4.5 -0.0
PBP Invesco S&P 500 BuyWrite ETF 79.0 49 -49 4.3 -0.3
SCHK Schwab 1000 Index ETF 78.9 5 -5 4.6 +0.0
XYLG Global X S&P 500 Covered Call & Growth ETF 78.6 60 -60 4.4 -0.2
IYY iShares Dow Jones U.S. ETF 78.6 20 -20 4.4 -0.2
IWB iShares Russell 1000 ETF 78.4 15 -15 4.5 -0.1
SPY SPDR S&P 500 ETF Trust 78.3 9 -9 4.7 +0.1
SPLG SPDR Portfolio Large Cap ETF 78.3 3 -3 4.7 +0.2
IVV iShares Core S&P 500 ETF 78.3 3 -3 4.7 +0.2
VOO VANGUARD S&P 500 ETF 77.9 3 -3 4.8 +0.2
VTHR Vanguard Russell 3000 Index Fund 77.5 10 -10 4.4 -0.2
SPXE ProShares S&P 500 Ex-Energy ETF 77.1 27 -27 4.6 +0.0
SCHB Schwab U.S. Broad Market ETF 76.7 3 -3 4.5 -0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 76.5 3 -3 4.4 -0.2
IWV iShares Russell 3000 ETF 76.4 20 -20 4.3 -0.3
SPTM SPDR Portfolio Total Stock Market ETF 76.3 3 -3 4.8 +0.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 76.2 20 -20 4.8 +0.2
VONE Vanguard Russell 1000 ETF 75.7 8 -8 4.6 -0.0
VTI Vanguard Total Stock Market Index Fund 75.6 3 -3 4.4 -0.2
ESGV Vanguard ESG U.S. Stock ETF 75.5 12 -12 4.5 -0.1
DFAU Dimensional US Core Equity Market ETF 71.5 12 -12 4.7 +0.1
XVV iShares ESG Screened S&P 500 ETF 71.3 8 -8 4.9 +0.3
MGC Vanguard Mega Cap Index Fund 71.3 7 -7 4.6 +0.0
BKLC BNY Mellon US Large Cap Core Equity ETF 70.0 0 0 4.4 -0.1
SPXN ProShares S&P 500 Ex-Financials ETF 69.9 27 -27 4.3 -0.2
IWL iShares Russell Top 200 ETF 69.4 15 -15 4.4 -0.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 69.2 9 -9 4.8 +0.2
ESGU iShares MSCI USA ESG Optimized ETF 69.0 15 -15 4.4 -0.2
JHML John Hancock Multifactor Large Cap ETF 68.9 29 -29 4.9 +0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 68.5 20 -20 4.6 0.0
SPXV ProShares S&P 500 Ex-Health Care ETF 68.1 27 -27 4.3 -0.3
CATH Global X S&P 500 Catholic Values Custom ETF 66.9 29 -29 4.6 -0.0
KOKU Xtrackers MSCI Kokusai Equity ETF 66.7 9 -9 5.0 +0.5
TOK iShares MSCI Kokusai ETF 66.5 25 -25 4.9 +0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 64.9 12 -12 4.0 -0.6
EPS WisdomTree U.S. Earnings 500 Fund 63.8 8 -8 5.9 +1.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 62.9 15 -15 4.7 +0.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 62.9 25 -25 4.9 +0.3
IQSU IQ Candriam ESG US Equity ETF 61.9 9 -9 4.5 -0.1
URTH iShares MSCI World ETF 61.8 24 -24 5.0 +0.4
SPXT ProShares S&P 500 Ex-Technology ETF 60.2 27 -27 4.9 +0.3
QUS SPDR MSCI USA StrategicFactors ETF 59.6 15 -15 5.3 +0.7
XOUT GraniteShares XOUT U.S. Large Cap ETF 59.4 60 -60 3.6 -1.0
ESG FlexShares STOXX US ESG Impact Index Fund 59.4 32 -32 4.5 -0.1
AVUS Avantis U.S. Equity ETF 59.0 15 -15 4.8 +0.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 59.0 30 -30 5.3 +0.7
SNPE Xtrackers S&P 500 ESG ETF 58.4 10 -10 4.6 -0.0
EFIV SPDR S&P 500 ESG ETF 58.4 10 -10 4.6 -0.0
PRF Invesco FTSE RAFI US 1000 ETF 58.3 39 -39 5.7 +1.2
VOOG Vanguard S&P 500 Growth ETF 58.3 10 -10 3.9 -0.7
SPYG SPDR Portfolio S&P 500 Growth ETF 57.7 4 -4 3.6 -0.9
IVW iShares S&P 500 Growth ETF 57.6 18 -18 3.5 -1.1
OEF iShares S&P 100 ETF 57.5 20 -20 4.2 -0.4
IUSG iShares Core S&P US Growth ETF 57.2 4 -4 3.6 -0.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 56.7 25 -25 5.7 +1.2
IUS Invesco Strategic US ETF 56.0 19 -19 5.5 +0.9
VOOV Vanguard S&P 500 Value ETF 55.3 10 -10 6.6 +2.1
DIVB iShares U.S. Dividend & Buyback ETF 55.3 25 -25 5.9 +1.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 55.0 25 -25 5.7 +1.1
RWL Invesco S&P 500 Revenue ETF 54.5 39 -39 6.3 +1.7
IWF iShares Russell 1000 Growth ETF 54.2 19 -19 3.4 -1.2
HIPR Direxion High Growth ETF 53.9 40 -40 3.8 -0.8
VONG Vanguard Russell 1000 Growth Index Fund 53.8 8 -8 3.5 -1.1
ACWI iShares MSCI ACWI ETF 53.5 32 -32 5.1 +0.5
SPYV SPDR Portfolio S&P 500 Value ETF 53.0 4 -4 6.5 +1.9
IVE iShares S&P 500 Value ETF 53.0 18 -18 6.3 +1.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 52.7 30 -30 5.1 +0.5
VLU SPDR S&P 1500 Value Tilt ETF 52.4 12 -12 6.2 +1.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 52.1 20 -20 5.3 +0.7
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 52.1 15 -15 0.0 -4.6
LOWC SPDR MSCI ACWI Low Carbon Target ETF 52.0 20 -20 5.3 +0.8
VUG Vanguard Growth Index Fund 52.0 4 -4 3.5 -1.1
IUSV iShares Core S&P U.S. Value ETF 51.9 4 -4 6.5 +1.9
DLN WisdomTree U.S. LargeCap Dividend Fund 49.9 28 -28 6.1 +1.6
RESP WisdomTree US ESG Fund of Benef Interest 49.7 28 -28 5.0 +0.5
VONV Vanguard Russell 1000 Value Index Fund 49.0 8 -8 6.2 +1.6
IWY iShares Russell Top 200 Growth ETF 48.8 20 -20 3.5 -1.0
DTD WisdomTree U.S.Total Dividend Fund 48.7 28 -28 6.2 +1.7
IWD iShares Russell 1000 Value ETF 48.3 19 -19 6.1 +1.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 47.8 9 -9 5.0 +0.4
VT Vanguard Total World Stock ETF 47.4 8 -8 5.4 +0.8
ESGG FlexShares STOXX Global ESG Impact Index Fund 47.1 42 -42 4.6 +0.0
SCHV Schwab U.S. Large-Cap Value ETF 46.9 4 -4 6.1 +1.5
VEGN US Vegan Climate ETF 46.8 60 -60 4.0 -0.6
QWLD SPDR MSCI World StrategicFactors ETF 46.8 30 -30 5.4 +0.8
KRMA Global X Conscious Companies ETF 46.8 43 -43 4.8 +0.3
AFLG First Trust Active Factor Large Cap ETF 46.3 55 -55 4.7 +0.1
DSI iShares MSCI KLD 400 Social ETF 46.3 25 -25 4.6 -0.0
XLG Invesco S&P 500 Top 50 ETF 46.1 20 -20 4.0 -0.5
NACP Impact Shares NAACP Minority Empowerment ETF 45.9 49 -49 4.7 +0.1
SCHG Schwab U.S. Large-Cap Growth ETF 45.2 4 -4 3.1 -1.4
MGK Vanguard Mega Cap Growth ETF 44.9 7 -7 3.6 -1.0
TMFC Motley Fool 100 Index ETF 44.9 50 -50 3.0 -1.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 44.5 9 -9 5.1 +0.5

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 15.8 %
Divided by: Fwd. P/BV 3.5 x
Less: Expense ratio 0 bp
Equals: ALTAR Score 4.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.43 CATEGORY
AVERAGE
1.49
 
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.