SoFi Gig Economy ETF
Name
As of 08/08/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-44.0%
1 yr return
-53.9%
3 Yr Avg Return
-3.6%
5 Yr Avg Return
N/A
Net Assets
$9.66 M
Holdings in Top 10
28.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 47.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 08/08/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GIGE - Profile
Distributions
- YTD Total Return -44.0%
- 3 Yr Annualized Total Return -3.6%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.32%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameSoFi Gig Economy ETF
-
Fund Family NameSofi
-
Inception DateMay 07, 2019
-
Shares Outstanding600000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerCharles Ragauss
Fund Description
GIGE - Performance
Return Ranking - Trailing
Period | GIGE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -44.0% | -35.6% | 29.2% | 97.76% |
1 Yr | -53.9% | 17.3% | 252.4% | 0.80% |
3 Yr | -3.6%* | -3.5% | 34.6% | N/A |
5 Yr | N/A* | 0.1% | 32.7% | N/A |
10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | GIGE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -55.5% | -24.3% | 957.1% | 1.06% |
2022 | -10.0% | -38.3% | 47.1% | N/A |
2021 | 25.4% | -54.2% | 0.6% | N/A |
2020 | N/A | -76.0% | 54.1% | N/A |
2019 | N/A | -26.1% | 47.8% | N/A |
Total Return Ranking - Trailing
Period | GIGE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -44.0% | -35.6% | 29.2% | 96.76% |
1 Yr | -53.9% | 11.4% | 252.4% | 0.80% |
3 Yr | -3.6%* | -3.5% | 34.6% | N/A |
5 Yr | N/A* | 0.1% | 32.7% | N/A |
10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GIGE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -55.5% | -24.3% | 957.1% | 1.06% |
2022 | -10.0% | -33.1% | 47.1% | N/A |
2021 | 25.4% | -44.4% | 1.8% | N/A |
2020 | N/A | -6.5% | 54.1% | N/A |
2019 | N/A | -14.4% | 47.8% | N/A |
GIGE - Holdings
Concentration Analysis
GIGE | Category Low | Category High | GIGE % Rank | |
---|---|---|---|---|
Net Assets | 9.66 M | 199 K | 133 B | 82.24% |
Number of Holdings | 78 | 1 | 9075 | 50.66% |
Net Assets in Top 10 | 2.79 M | -18 M | 37.6 B | 80.62% |
Weighting of Top 10 | 28.93% | 9.1% | 100.0% | 45.54% |
Top 10 Holdings
- Snap Inc Class A 4.04%
- Fiverr International Ltd 3.52%
- Fiverr International Ltd 3.52%
- Fiverr International Ltd 3.52%
- Fiverr International Ltd 3.52%
- Fiverr International Ltd 3.52%
- Fiverr International Ltd 3.52%
- Fiverr International Ltd 3.52%
- Fiverr International Ltd 3.52%
- Fiverr International Ltd 3.52%
Asset Allocation
Weighting | Return Low | Return High | GIGE % Rank | |
---|---|---|---|---|
Stocks | 99.73% | 61.84% | 125.47% | 42.18% |
Cash | 0.28% | -174.70% | 23.12% | 51.76% |
Preferred Stocks | 0.00% | -0.01% | 5.28% | 41.52% |
Other | 0.00% | -13.98% | 19.14% | 48.90% |
Convertible Bonds | 0.00% | 0.00% | 4.46% | 34.69% |
Bonds | 0.00% | -1.50% | 161.67% | 38.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GIGE % Rank | |
---|---|---|---|---|
Technology | 39.05% | 0.00% | 49.87% | 17.95% |
Consumer Cyclical | 25.26% | 0.00% | 40.94% | 7.60% |
Communication Services | 19.26% | 0.00% | 57.66% | 0.22% |
Financial Services | 6.58% | 0.00% | 38.42% | 84.69% |
Industrials | 5.11% | 0.00% | 44.06% | 85.35% |
Healthcare | 3.00% | 0.00% | 35.42% | 98.90% |
Consumer Defense | 1.21% | 0.00% | 73.28% | 75.33% |
Real Estate | 0.54% | 0.00% | 39.48% | 82.38% |
Utilities | 0.00% | 0.00% | 29.12% | 81.06% |
Energy | 0.00% | 0.00% | 21.15% | 77.86% |
Basic Materials | 0.00% | 0.00% | 38.60% | 90.86% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GIGE % Rank | |
---|---|---|---|---|
US | 57.49% | 0.13% | 103.82% | 45.04% |
Non US | 42.24% | 0.58% | 99.46% | 51.54% |
GIGE - Expenses
Operational Fees
GIGE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.59% | 0.01% | 44.27% | 88.83% |
Management Fee | 0.59% | 0.00% | 1.82% | 29.87% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
GIGE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
GIGE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GIGE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 47.00% | 0.00% | 395.00% | N/A |
GIGE - Distributions
Dividend Yield Analysis
GIGE | Category Low | Category High | GIGE % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.26% | 4.05% |
Dividend Distribution Analysis
GIGE | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
GIGE | Category Low | Category High | GIGE % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.32% | -4.27% | 12.65% | 86.70% |
Capital Gain Distribution Analysis
GIGE | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 31, 2021 | $0.800 | OrdinaryDividend |
Dec 31, 2020 | $0.124 | OrdinaryDividend |
GIGE - Fund Manager Analysis
Managers
Charles Ragauss
Start Date
Tenure
Tenure Rank
May 07, 2019
3.07
3.1%
Mr. Ragauss currently serves as Director of Product Management at CSat Investment Advisory, having joined the it in April 2016. Prior to joiningCSat Investment Advisory, Mr. Ragauss was Assistant Vice President at Huntington National Bank (“Huntington”), where he was Product Manager for the Huntington Funds and Huntington Strategy Shares ETFs, a combined fund complex of almost $4 billion in assets under management. At Huntington, he led ETF development bringing to market some of the first actively managed ETFs. Mr. Ragauss joined Huntington in 2010. Mr. Ragauss attended Grand Valley State University where he received his Bachelor of Business Administration in Finance and International Business, as well as a minor in French. He is a member of both the National and West Michigan CFA societies and holds the CFA designation.
Michael Venuto
Start Date
Tenure
Tenure Rank
May 07, 2019
3.07
3.1%
Mr. Venuto is a co-founder and has been the Chief Investment Officer of the Toroso Investments, LLC since 2012. Mr. Venuto is an ETF industry veteran with over a decade of experience in the design and implementation of ETF-based investment strategies. Previously, he was Head of Investments at Global X Funds where he provided portfolio optimization services to institutional clients. Before that, he was Senior Vice President at Horizon Kinetics where his responsibilities included new business development, investment strategy and client and strategic initiatives.
David Dziekanski
Start Date
Tenure
Tenure Rank
Sep 18, 2020
1.7
1.7%
Extensive experience in the asset management business. Masters degree in Finance from Washington University in St. Louis. Manages the Global Dynamic Multi-Asset Strategy and provides ETF research and mutual fund research to the investment team.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 35.82 | 6.24 | 1.25 |