SFY

About SFY

The SoFi Select 500 ETF is an exchange-traded fund that tracks the performance of the top 500 publicly traded U.S. companies by market capitalization. Its primary purpose is to provide investors with diversified exposure to a broad spectrum of large-cap stocks across various sectors, reflecting the collective strength and dynamics of the U.S. economy. This ETF takes a targeted sampling approach, weighting its holdings based on key metrics such as growth potential and valuation to align with its customized benchmark. It influences sectors like technology, healthcare, financial services, and consumer goods, offering a snapshot of corporate giants that drive market movements and economic trends. As a modern investment vehicle, the SoFi Select 500 ETF enables participants to capitalize on the long-term potential of well-established companies while maintaining a liquid and accessible form of market participation. Its prominent role in portfolios underscores the growing importance of low-cost, passive investment strategies that emphasize broad market exposure through streamlined solutions.