SoFi Next 500 ETF
SFYX
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 Next 500 ETF (SFYX) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the Solactive SoFi US Next 500 Growth Index; the index focuses on the 501st through the 1000th largest U.S. domestic companies by market capitalization, weighted by multiple proprietary growth signals including growth rates across various factors. SFYX provides investors with diversified exposure to approximately 500 mid-cap U.S. equities across sectors such as industrials, technology, energy, and financials; top holdings as of December 2025 include FTAI Aviation Ltd (1.35%), TKO Group Holdings Inc (1.28%), TechnipFMC PLC (1.24%), Rocket Lab Corp (1.20%), and Comfort Systems USA Inc (1.01%), with SoFi Technologies Inc comprising 0.94% of the portfolio. The ETF features a low net expense ratio of 0.06% through at least June 2025 due to a contractual fee waiver by its adviser, gross expense ratio of 0.19%, and assets under management of approximately $26.4 million as of December 2025; it trades on the NYSE Arca exchange with no minimum initial investment required. Launched on April 11, 2019, SFYX is issued and managed by SoFi (NasdaqGS: SOFI), a digital financial services company founded in 2011 and headquartered in San Francisco, California. SoFi, through its SoFi Invest platform, offers the ETF as part of a broader suite of exchange-traded funds including the SoFi Social 50 ETF (SFYF) and others focused on growth, thematic, and income strategies; the company operates primarily in the United States, targeting retail investors seeking cost-effective access to mid-cap growth opportunities. In recent developments, SoFi has expanded its ETF offerings with the launch of the SoFi Agentic AI ETF (AGIQ) in 2025, providing exposure to next-generation artificial intelligence companies and complementing SFYX's mid-cap growth focus. SoFi reported record adjusted net revenue of $950 million in Q3 2025, up 38% year-over-year, alongside accelerated member growth and product diversification including cryptocurrency trading relaunch and partnerships such as with NFL MVP Josh Allen; these enhancements support broader platform innovations that indirectly bolster ETF accessibility via SoFi Invest. The firm also secured major technology platform deals with consumer brands and raised 2025 guidance for adjusted net revenue to $3.54 billion, reflecting strategic expansions in financial services that enhance its ETF ecosystem.