ETF Evaluator:
SoFi Select 500 ETF (SFY)
Follow This ETF
(as of Jul 31)
Best Performing in Large Growth Over the Last Year
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Risk
Index
Risk
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ETF Details
SoFi Select 500 ETF Overview
SoFi Select 500 ETF (SFY) is a passively managed U.S. Equity Large Growth exchange-traded fund (ETF). SoFi launched the ETF in 2019.
The investment seeks to track the performance, before fees and expenses, of the Solactive SoFi US 500 Growth Index.
The index follows a rules-based methodology that tracks the performance of 500 of the largest U.S.-listed companies weighted based on a proprietary mix of their market capitalization and fundamental factors. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.
About SoFi Select 500 ETF (SFY)
There are 1 members of the management team with an average tenure of 7.23 years: Charles Ragauss (2019). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Solactive SoFi US 500 Growth TR USD index with a weighting of 100%. SoFi Select 500 ETF has 505 securities in its portfolio. The top 10 holdings constitute 42.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
SoFi Select 500 ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. SoFi Select 500 ETF has 0.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.4% There is 0.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). SoFi Select 500 ETF has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $669 million in total assets, which is below the $8 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
SFY Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The SoFi Select 500 ETF expense ratio is low compared to funds in the Large Growth category. SoFi Select 500 ETF has an expense ratio of 0.05%, which is 90% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. SoFi Select 500 ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 74% for the Large Growth category.
Recently, in the month of June 2026, SoFi Select 500 ETF returned -0.8%, which earned it a grade of C, as the Large Growth category had an average return of -0.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
SoFi Select 500 ETF has a trailing yield of 0.84%, which is above the 0.47% category average.
The fund normally distributes its income semi-annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
SoFi Select 500 ETF Grades
Year to date, the ETF has returned 13.2%, 2.2 percentage points better than the category, which translates into a grade of B. The fund has returned 27.2% over the past year (grade of B), 25.2% over the past three years (grade of B) and 14.8% per year over the past five years (grade of A).
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SFY Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SFY Return (NAV) | -0.8% | 19.8% | 27.2% | 25.2% | 14.8% | na |
| SFY Return (Price) | -0.9% | 19.8% | 27.1% | 25.2% | 14.8% | na |
| NAV +/- Price Return | 0.079% | 0.004% | 0.033% | -0.002% | 0.029% | na |
| Large Growth Avg | -0.6% | 20.4% | 20.8% | 22.9% | 11.4% | 16.7% |
| SFY Grade (NAV) | C | C | B | B | A | na |
| +/- Category (NAV) | -0.2% | -0.6% | 6.4% | 2.3% | 3.5% | na |
| SFY Tax-Cost Ratio | na | na | 0.4% | 0.4% | 0.4% | na |
SFY Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SFY Return (NAV) | 13.2% | 22.7% | 29.7% | 29.4% | -22.8% | 27.8% | 25.1% | na | na | na | na |
| SFY Return (Price) | 13.1% | 22.7% | 29.8% | 29.3% | -22.8% | 28.0% | 24.5% | na | na | na | na |
| NAV +/- Price Ret | -0.002% | -0.003% | 0.003% | -0.002% | 0.003% | 0.009% | -0.022% | na | na | na | na |
| Large Growth Avg | 10.9% | 16.8% | 30.4% | 38.6% | -30.8% | 21.3% | 37.6% | 33.1% | -2.0% | 28.2% | 5.0% |
| SFY Grade (NAV) | B | A | C | D | A | B | F | na | na | na | na |
| +/- Category | 2.2% | 6.0% | -0.7% | -9.2% | 8.0% | 6.5% | -12.5% | na | na | na | na |
| Risk Measures | |
| Beta: | 1.13 |
| R-Squared: | 96% |
| Standard Deviation: | 15.1% |
| Category Risk Index: | 0.84 |
| Category Risk Rating: | Low |
| Total Risk Index: | 1.24 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 0.8% |
| Total Assets: | $ 670 Mil |
| Share Class Assets: | $ 670 Mil |
| Turnover: | 0.0% |
| Expense Ratio: | 0.05% |
| Index Fund: | Yes |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 7.2 years | |||
| Average Tenure: 7.2 years | |||
| Managers (Year): Ragauss Charles (2019) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 505 |
| % in Top 10 Holdings: | 42.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.4% |
Portfolio Allocation |
|
| Domestic Stock: | 99.4% |
| Foreign Stock: | 0.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | SoFi |
| Phone Number: | 877-358-0096 |
| Website: | |
| Inception Date: | April 10, 2019 |
Expenses and Fees
| Expense Ratio (%): | 0.05% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.50% |
