SoFi Next 500 ETF chart

Last update: 2022-12-30
Key statistics and financials
Three year average return N/A
YTD return -4.95%
Beta 3Y 0.00
Total Assets 49.31M
Annual report expense ratio 0.00%

Company description

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. The index follows a rules-based methodology that tracks the performance of the 500 smallest of the 1,000 largest U.S.-listed companies weighted based on a proprietary mix of their market capitalization and fundamental factors.

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to SoFi Next 500 ETF:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to SoFi Next 500 ETF. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on SoFi Next 500 ETF

Here is the result of two systematic investment strategies applied to SoFi Next 500 ETF. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on SoFi Next 500 ETF

The following chart shows the equity curve of the two systematic investment strategies applied to SoFi Next 500 ETF:

SoFi Next 500 ETF automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 41.74% on the backtest period.

Performance at glance

Performance

41.74 %

Latent gain

525.94 $

Invested capital

1260.02 $

Annualized return

15.81 %
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Momentum strategy results on SoFi Next 500 ETF

This is the result of two momentum investment strategies applied to SoFi Next 500 ETF. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on SoFi Next 500 ETF

The following chart shows all the entries opened by the momentum investment system on SoFi Next 500 ETF:

SoFi Next 500 ETF momentum entries
  • The first momentum investment strategy would give 29.26% of return on SoFi Next 500 ETF. That represents 1172.72$ of latent gain with 4008.04$ of employed capital.
  • The second momentum investment strategy would give 28.71% of return on SoFi Next 500 ETF. That represents 717.73$ of latent gain with 2499.95$ of employed capital.
Performance at glance (1Q Momentum)

Performance

29.26 %

Latent gain

1172.72 $

Invested capital

4008.04 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

28.71 %

Latent gain

717.73 $

Invested capital

2499.95 $

Annualized return

13.29 %

Momentum equity curve on SoFi Next 500 ETF

The following chart shows the equity curve of the two momentum strategies applied to SoFi Next 500 ETF:

SoFi Next 500 ETF momentum equity

Note: the dividends potentially given by SoFi Next 500 ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SoFi Next 500 ETF

The following chart shows the employed capital evolution of the two momentum strategies on SoFi Next 500 ETF since the beginning:

SoFi Next 500 ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on SoFi Next 500 ETF

Buy the dip entry openings on SoFi Next 500 ETF

SoFi Next 500 ETF

The performance achieved by the robo-advisor on SoFi Next 500 ETF is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows SoFi Next 500 ETF stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of SoFi Next 500 ETF, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to SoFi Next 500 ETF

The following chart shows the result of the investment strategy applied to SoFi Next 500 ETF:

SoFi Next 500 ETF

Note: the dividends potentially given by SoFi Next 500 ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SoFi Next 500 ETF

The following chart shows the employed capital evolution since the beginning of the investment strategy on SoFi Next 500 ETF:

SoFi Next 500 ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on SoFi Next 500 ETF

In this section, I will compare the three previous investment strategies applied to SoFi Next 500 ETF.

Equity curve comparison on SoFi Next 500 ETF

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

SoFi Next 500 ETF investment strategy comparison

Employed capital comparison on SoFi Next 500 ETF

SoFi Next 500 ETF investment comparison

Performance comparison on SoFi Next 500 ETF

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 41.74% 525.94$ 1260.02$ 15.81%
Momentum 1 quarter 29.26% 1172.72$ 4008.04$ 12.19%
Momentum 2 quarters 28.71% 717.73$ 2499.95$ 13.29%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

15.81 %

Momentum 1Q

13.29 %

Momentum 2Q

13.29 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with SoFi Next 500 ETF:

Positive correlations

Most correlated stocks this year

  • SoFi Next 500 ETF

  • Most correlated stocks last 3 months

  • SoFi Next 500 ETF
  • SoFi Select 500 ETF

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • WAI CHI HOLD

  • Note: The algorithm computes the probability of correlation between SoFi Next 500 ETF and the other stocks. There may be false positives or some missing correlated stocks. If the price of SoFi Next 500 ETF does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name SoFi Next 500 ETF
    Country
    City
    Address
    Phone
    Website
    FullTime employees
    Industry
    Sector
    Exchange ARCX
    Ticker SFYX
    Market

    SoFi Next 500 ETF ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown