Market Discrepancy: Divergence Between Underlying Fundamentals and Investor Sentiment in SFY
Here's a fresh take on that:
Unleashing Giants: A Deep Dive into SoFi's Top Holdings
Have you ever wondered what comprises the SoFi Select 500 ETF (NYSEARCA: SFY)? Well, brace yourself for a sneak peek into its mighty heart. Launched by Tidal Investments LLC. on 04/10/2019, this ETF offers a captivating view of large-cap U.S. growth stocks, tracking the Solactive SoFi US 500 Growth Index. As of recent data from June 2024, it manages an impressive $481.28 million. But that's just the tip of the iceberg!
Feeling the Weight:
So, who are the ETF's heavyweights? NVIDIA Corp, with a hefty weighting of approximately 14.92%, takes the lead. Following close behind is Amazon.com Inc., commanding an impressive 8.85% share, and Microsoft Corp., holding approximately 5.16%. These tech titans hold sway over the ETF, representing the fund's growth-oriented strategy to the core[4].
A Closer Look:
Now, let's peel back the layers further. As of May 30, 2025, the top 10 holdings collectively accounted for around 41.65% of the fund's total portfolio assets. Unfortunately, the full list of the top 10 is not readily available, but NVIDIA, Amazon, and Microsoft undeniably dominate the scene[1].
In summary, SFY's investment strategy centers around major large-cap growth stocks, with a keen focus on technology. NVIDIA, Amazon, and Microsoft form the core of this technological heavyweight, making it a worthy addition to any growth-focused portfolio[4][1]. Happy investing, folks!
Delving deeper into the investment strategy of SFY, it becomes clear that finance play a significant role, with a majority of the ETF's assets devoted to large-cap growth stocks, particularly in the technology sector. Notably, NVIDIA, Amazon, and Microsoft collectively constitute a substantial portion of the fund, representing around 41.65% of its total portfolio assets [1]. Thus, the stock-market performance of these companies can significantly impact the overall returns of SFY, making them focal points for investors who are focused on the growth of their investments.
