SFY Stock Summary and Trading Ideas (Sofi Select 500 ETF | ARCA:SFY)

The SoFi Select 500 ETF (SFY) is composed of the 500 largest publicly traded U.S. companies. SoFi weights each company based on three key growth signals not just market capitalization as many traditional indexed ETFs do. The SoFi Select 500 ETF seeks to track the performance, before fees and expenses, of the Solactive SoFi US 500 Growth Index.

Sofi Select 500 ETF trades on the ARCA stock market under the symbol SFY.

As of April 24, 2024, SFY stock price climbed to $18.02 with 268,879 million shares trading.

SFY has a beta of 1.05, meaning it tends to be more sensitive to market movements. SFY has a correlation of 0.98 to the broad based SPY ETF.

SFY has a market cap of $703.68 million. This is considered a Small Cap stock.

In the last 3 years, SFY stock traded as high as $18.67 and as low as $12.37.

SFY has outperformed the market in the last year with a return of +26.5%, while the SPY ETF gained +24.2%. In the last 3 month period, SFY beat the market returning +4.8%, while SPY returned +4.6%. However, in the most recent 2 weeks SFY has underperformed the stock market by returning -2.9%, while SPY returned -2.7%.

SFY support price is $17.83 and resistance is $18.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SFY stock will trade within this expected range on the day.