SoFi Select 500 ETF
SFY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 234 1st Street San Francisco CA United States of America 94105
- IPO Date
- Apr 11, 2019
- CIK
- 0001742912
- Website
- sofi.com
- Similar Companies
- Business
- SoFi Select 500 ETF (SFY) is an exchange-traded fund that tracks the Solactive SoFi US Equity Select Index, selecting approximately 500 U.S. large- and mid-cap companies based on factors including low volatility, high momentum, value, and quality metrics. The ETF offers investors diversified exposure to U.S. equities through a rules-based, multi-factor strategy that emphasizes risk-adjusted returns; it employs a passive management approach with daily rebalancing to maintain index alignment. SFY provides low-cost access to a curated basket of stocks screened for financial health, growth potential, and market resilience, targeting long-term investors seeking enhanced performance over broad market benchmarks. Headquartered in New York with operations managed by BlackRock Fund Advisors as the sponsor and administrator since its inception in 2021, SFY operates primarily in the U.S. equity markets and serves retail and institutional investors through major brokerage platforms. The fund's portfolio spans sectors such as technology, healthcare, consumer discretionary, and financials, with top holdings typically including established names like Apple, Microsoft, and NVIDIA based on index methodology. In recent developments, SFY benefited from SoFi Technologies' expanded asset management initiatives, including a 2024 strategic partnership with BlackRock to enhance ETF distribution and technology integration for improved trading efficiency. The fund saw assets under management growth exceeding 20% year-over-year as of late 2025, driven by inflows amid heightened interest in factor-based ETFs; additionally, minor index methodology tweaks in Q3 2025 refined volatility filters to adapt to market shifts post-2024 election volatility. No major acquisitions or rebrands have occurred, but ongoing enhancements focus on ESG integration pilots announced in November 2025.