5 Best Low Cost ETFs

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1. SoFi Select 500 ETF (NYSEARCA:SFY)

Price Performance since Inception: 55.8%

Total Net Assets as of September 25, 2023: $526.96 million

Expense Ratio: 0%

Number of Holdings: 502

SoFi Select 500 ETF (NYSEARCA:SFY) tracks the Solactive SoFi US 500 Growth Index, which includes 500 US large-cap stocks selected for growth characteristics. It uses a rules-based methodology to pick stocks with high growth potential based on factors like sales growth, fundraising, and analyst expectations. The fund aims to outperform traditional US large-cap indexes through its growth-oriented stock selection. The ETF is managed by SoFi Invest and does not follow the allocation of traditional index ETFs based on market capitalization. Instead, the ETF allocates weight based on three key factors related to current and future revenue forecasts.

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