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The SoFi Select 500 ETF (SFY) was launched on April 11, 2019, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.

SoFi Select 500 ETF maintains a 'hold' rating, reflecting strong fundamentals but limited differentiation from SPY. SFY offers superior growth, value, and quality metrics versus SPY and QQQ, driven largely by an overweight to NVIDIA Corporation. Reliance on one-year growth screens and concentrated exposure to Nvidia introduces heightened risk, especially if tech valuations reset.

The SoFi Select 500 ETF (SFY) made its debut on 04/11/2019, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Growth category of the market.

Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the SoFi Select 500 ETF (SFY) is a passively managed exchange traded fund launched on April 11, 2019.