SoFi 50 ETF
ALTAR
Score™
0.8% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
-15.7x P/Sales
ratio
3.1x
P/BV
ratio
8.1x Div.
yield
0.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The SoFi 50 ETF seeks to track the performance, before fees and expenses, of the Solactive SoFi US 50 Growth Index. The index provides exposure to the 50 U.S. companies that rank highest according to SoFiís proprietary growth score.

FUND BASICS
Category US Equities
Fund Sponsor SoFi
Website www.sofi.com/invest/etfs/
Inception date May 07, 2019
Assets (mns) $9
Currency USD
Expense ratio 29 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 51
Wgt avg mkt cap (mns) $640,302
Large cap (>$10bn) 92.4%
Mid cap ($2-10bn) 6.5%
Small cap (<$2bn) 0.2%
Developed mkts 97.8%
Emerging mkts 2.2%

TOP TEN HOLDINGS
TESLA MOTORS INC 9.1 %
AMAZON.COM INC 7.6 %
APPLE INC 7.5 %
MICROSOFT CORP 4.7 %
WALT DISNEY CO/THE 4.4 %
DELTA AIR LINES INC 3.7 %
BOEING CO 3.4 %
NVIDIA CORP 3.4 %
ALIBABA GROUP HOLDING LTD. SPONSOR 3.0 %
MODERNA, INC. 3.0 %
Total 49.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 92.1 %
CANADA 4.8 %
CHINA 3.0 %








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.
33.7% 33.7% -- -- 29.1%

Market Correlations
versus... Beta R-squared
S&P500 1.58 91%
MSCI EAFE 1.41 83%
MSCI Emg. Mkts. 1.15 64%

Technical Indicators
Recent close $29.45
30d moving avg. $28.21
Annualized volatility 34.8%
Short interest (ETF) 0.7%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 7
Turnover 2.3%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $145,036

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the SoFi 50 ETF ETF based on the alternatives' overlap in portfolio holdings with SFYF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SFYF Expense: 29 bp ALTAR Score™: 0.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SFYF
Ticker Fund
Name
Overlap1
vs SFYF
(%)
Expense
ratio
(bp)
Savings
vs SFYF
(bp)
ALTAR
Score™
(%)
ALTAR
vs SFYF
(%)
OEF iShares S&P 100 ETF 44.7 20 9 4.2 +3.4
HIPR Direxion High Growth ETF 44.4 40 -11 3.8 +3.0
XLG Invesco S&P 500 Top 50 ETF 42.5 20 9 4.1 +3.3
IWL iShares Russell Top 200 ETF 41.3 15 14 4.4 +3.6
BKLC BNY Mellon US Large Cap Core Equity ETF 41.2 0 29 4.5 +3.7
MGC Vanguard Mega Cap Index Fund 41.2 7 22 4.6 +3.8
IWY iShares Russell Top 200 Growth ETF 39.2 20 9 3.6 +2.8
TMFC Motley Fool 100 Index ETF 39.0 50 -21 3.0 +2.2
MGK Vanguard Mega Cap Growth ETF 38.8 7 22 3.6 +2.8
QYLD Global X NASDAQ 100 Covered Call ETF 38.7 60 -31 3.2 +2.4
ESGV Vanguard ESG U.S. Stock ETF 38.7 12 17 4.5 +3.7
NUSI Nationwide Risk-Managed Income ETF 38.5 68 -39 3.1 +2.3
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 38.5 60 -31 3.1 +2.3
SPXV ProShares S&P 500 Ex-Health Care ETF 38.3 27 2 4.3 +3.5
QQQM Invesco NASDAQ 100 ETF 38.2 15 14 3.5 +2.7
QQQ Invesco QQQ Trust 38.2 20 9 3.5 +2.7
XOUT GraniteShares XOUT U.S. Large Cap ETF 37.7 60 -31 3.6 +2.8
MTUM iShares MSCI USA Momentum Factor ETF 37.6 15 14 2.2 +1.4
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 37.2 12 17 4.9 +4.1
IWF iShares Russell 1000 Growth ETF 37.1 19 10 3.4 +2.6
PBP Invesco S&P 500 BuyWrite ETF 37.0 49 -20 4.3 +3.5
SPXN ProShares S&P 500 Ex-Financials ETF 36.8 27 2 4.3 +3.5
XYLG Global X S&P 500 Covered Call & Growth ETF 36.8 60 -31 4.4 +3.6
SPYG SPDR Portfolio S&P 500 Growth ETF 36.7 4 25 3.7 +2.9
IVW iShares S&P 500 Growth ETF 36.7 18 11 3.5 +2.7
VONG Vanguard Russell 1000 Growth Index Fund 36.6 8 21 3.5 +2.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 36.3 7 22 4.5 +3.7
SPY SPDR S&P 500 ETF Trust 36.3 9 20 4.7 +3.9
SPXE ProShares S&P 500 Ex-Energy ETF 36.2 27 2 4.6 +3.8
SPLG SPDR Portfolio Large Cap ETF 36.2 3 26 4.7 +3.9
IVV iShares Core S&P 500 ETF 36.2 3 26 4.7 +3.9
IUSG iShares Core S&P US Growth ETF 36.1 4 25 3.7 +2.9
SFY SoFi Select 500 ETF 36.1 0 29 4.5 +3.7
SCHG Schwab U.S. Large-Cap Growth ETF 36.0 4 25 3.2 +2.4
VUG Vanguard Growth Index Fund 35.9 4 25 3.5 +2.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 35.7 2 27 4.6 +3.8
ECOZ TrueMark ESG Active Opportunities ETF 35.6 58 -29 3.0 +2.2
VV Vanguard Large-Cap Index Fund 35.4 4 25 4.6 +3.8
SPQQ Siren Large Cap Blend Index ETF 35.3 20 9 4.2 +3.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 35.2 15 14 4.6 +3.8
PBUS Invesco PureBeta MSCI USA ETF 35.1 4 25 4.6 +3.8
VOOG Vanguard S&P 500 Growth ETF 34.9 10 19 3.9 +3.1
SCHX Schwab U.S. Large-Cap ETF 34.8 3 26 4.5 +3.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 34.8 12 17 4.0 +3.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 34.7 20 9 4.6 +3.8
ESGU iShares MSCI USA ESG Optimized ETF 34.6 15 14 4.4 +3.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 34.6 20 9 4.8 +4.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 34.5 15 14 5.8 +5.0
VOO VANGUARD S&P 500 ETF 34.4 3 26 4.8 +4.0
XVV iShares ESG Screened S&P 500 ETF 34.3 8 21 4.9 +4.1
SCHK Schwab 1000 Index ETF 34.1 5 24 4.6 +3.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 34.1 21 8 2.9 +2.1
IWB iShares Russell 1000 ETF 34.0 15 14 4.4 +3.6
SPTM SPDR Portfolio Total Stock Market ETF 33.9 3 26 4.8 +4.0
IYY iShares Dow Jones U.S. ETF 33.7 20 9 4.4 +3.6
FDMO Fidelity Momentum Factor ETF 33.4 29 0 2.4 +1.6
EFIV SPDR S&P 500 ESG ETF 33.1 10 19 4.6 +3.8
SNPE Xtrackers S&P 500 ESG ETF 33.1 10 19 4.6 +3.8
VTHR Vanguard Russell 3000 Index Fund 32.8 10 19 4.4 +3.6
IGM iShares Expanded Tech Sector ETF 32.7 46 -17 3.3 +2.5
CATH Global X S&P 500 Catholic Values Custom ETF 32.4 29 0 4.5 +3.7
IWV iShares Russell 3000 ETF 32.0 20 9 4.3 +3.5
SCHB Schwab U.S. Broad Market ETF 32.0 3 26 4.4 +3.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 31.8 3 26 4.4 +3.6
NACP Impact Shares NAACP Minority Empowerment ETF 31.7 49 -20 4.7 +3.9
VONE Vanguard Russell 1000 ETF 31.6 8 21 4.5 +3.7
SPMO Invesco S&P 500 Momentum ETF 31.5 13 16 3.8 +3.0
SYG SPDR MFS Systematic Growth Equity ETF 31.1 60 -31 3.4 +2.6
VTI Vanguard Total Stock Market Index Fund 31.0 3 26 4.4 +3.6
ESG FlexShares STOXX US ESG Impact Index Fund 31.0 32 -3 4.4 +3.6
WOMN Impact Shares YWCA Women's Empowerment ETF 30.8 75 -46 3.5 +2.7
JKE iShares Morningstar Large-Cap Growth ETF 30.6 25 4 2.2 +1.4
IETC iShares Evolved U.S. Technology ETF 30.4 18 11 3.4 +2.6
XNTK SPDR NYSE Technology ETF 30.4 35 -6 2.7 +1.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 30.2 9 20 4.8 +4.0
IOO iShares Global 100 ETF 30.1 40 -11 4.2 +3.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 29.9 75 -46 2.9 +2.1
JOYY Infusive Compounding Global Equities ETF 29.6 50 -21 3.4 +2.6
DFAU Dimensional US Core Equity Market ETF 29.3 12 17 4.7 +3.9
TECB iShares US Tech Breakthrough Multisector ETF 29.2 40 -11 3.4 +2.6
IQSU IQ Candriam ESG US Equity ETF 29.1 9 20 4.5 +3.7
ADME Aptus Drawdown Managed Equity ETF 29.0 79 -50 3.1 +2.3
ACIO Aptus Collared Income Opportunity ETF 28.5 79 -50 3.8 +3.0
AIEQ AI Powered Equity ETF 28.3 87 -58 1.8 +1.0
PWB Invesco Dynamic Large Cap Growth ETF 28.2 56 -27 2.1 +1.3
SPXT ProShares S&P 500 Ex-Technology ETF 28.0 27 2 4.8 +4.0
IUS Invesco Strategic US ETF 27.7 19 10 5.4 +4.6
RFDA RiverFront Dynamic US Dividend Advantage ETF 27.5 52 -23 4.9 +4.1
VEGN US Vegan Climate ETF 27.5 60 -31 3.9 +3.1
EPS WisdomTree U.S. Earnings 500 Fund 27.3 8 21 5.9 +5.1
LRGE ClearBridge Large Cap Growth ESG ETF 27.0 59 -30 3.3 +2.5
KRMA Global X Conscious Companies ETF 27.0 43 -14 4.8 +4.0
ACSI American Customer Satisfaction Core Alpha ETF 27.0 66 -37 3.5 +2.7
RESP WisdomTree US ESG Fund of Benef Interest 26.6 28 1 5.0 +4.2
STLG iShares Factors US Growth Style ETF 26.5 25 4 3.9 +3.1
KOKU Xtrackers MSCI Kokusai Equity ETF 26.4 9 20 5.0 +4.2
TOK iShares MSCI Kokusai ETF 26.1 25 4 4.9 +4.1
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 26.1 49 -20 3.4 +2.6

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 50 ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.6 %
Divided by: Fwd. P/BV 7.9 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 0.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 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.