SFY vs. RFDA

Last updated Jun 25, 2026

SFY (SoFi Select 500 ETF) and RFDA (RiverFront Dynamic US Dividend Advantage ETF) are both Large Cap Growth Equities funds. SFY is passively managed, while RFDA is actively managed. Over the past 5 years, SFY returned 14.38%/yr vs 12.74%/yr for RFDA. Their correlation of 0.88 suggests significant overlap in exposure. SFY charges 0.00%/yr vs 0.52%/yr for RFDA.

Performance

SFY vs. RFDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoFi Select 500 ETF (SFY) and RiverFront Dynamic US Dividend Advantage ETF (RFDA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SFY having a 10.42% return and RFDA slightly lower at 10.33%.

SFY

• 1D: -0.30%
• 1M: -1.06%
• YTD: 10.42%
• 6M: 8.95%
• 1Y: 27.16%
• 3Y*: 25.26%
• 5Y*: 14.38%
• 10Y*: —

RFDA

• 1D: -0.39%
• 1M: -0.03%
• YTD: 10.33%
• 6M: 9.16%
• 1Y: 25.01%
• 3Y*: 18.64%
• 5Y*: 12.74%
• 10Y*: 13.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SFY vs. RFDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SFY SoFi Select 500 ETF	10.42%	22.67%	29.81%	29.36%	-22.84%	28.03%	24.52%	13.72%
RFDA RiverFront Dynamic US Dividend Advantage ETF	10.33%	16.42%	20.12%	16.98%	-8.58%	25.94%	11.26%	8.95%

Correlation

The correlation between SFY and RFDA is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Apr 11, 2019	0.88

The correlation between SFY and RFDA shifts across timeframes, from 0.74 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

SFY vs. RFDA - Sectors Allocation Comparison

Sectors	SFY	RFDA
Technology	44.0%	21.1%
Financial Services	11.1%	14.4%
Healthcare	10.6%	9.7%
Communication Services	9.8%	8.3%
Consumer Cyclical	7.7%	7.4%
Industrials	6.0%	8.6%
Consumer Defensive	3.2%	7.0%
Utilities	2.1%	4.8%
Energy	2.0%	11.7%
Basic Materials	1.6%	1.9%
Real Estate	1.5%	4.9%

Return for Risk

SFY vs. RFDA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SFY

SFY Risk / Return Rank: 58
SFY Sharpe Ratio Rank: 58
SFY Sortino Ratio Rank: 54
SFY Omega Ratio Rank: 56
SFY Calmar Ratio Rank: 57
SFY Martin Ratio Rank: 64

RFDA

RFDA Risk / Return Rank: 81
RFDA Sharpe Ratio Rank: 77
RFDA Sortino Ratio Rank: 76
RFDA Omega Ratio Rank: 77
RFDA Calmar Ratio Rank: 88
RFDA Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SFY vs. RFDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Select 500 ETF (SFY) and RiverFront Dynamic US Dividend Advantage ETF (RFDA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SFY	RFDA	Difference
Sharpe ratio: Return per unit of total volatility	1.76	2.15	-0.39
Sortino ratio: Return per unit of downside risk	2.35	2.98	-0.63
Omega ratio: Gain probability vs. loss probability	1.31	1.40	-0.09
Calmar ratio: Return relative to maximum drawdown	2.53	4.61	-2.08
Martin ratio: Return relative to average drawdown	10.42	16.42	-6.00

SFY vs. RFDA - Sharpe Ratio Comparison

The current SFY Sharpe Ratio is 1.76, which is comparable to the RFDA Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of SFY and RFDA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SFY vs. RFDA - Drawdown Comparison

The maximum SFY drawdown since its inception was -33.25%, roughly equal to the maximum RFDA drawdown of -34.60%. Use the drawdown chart below to compare losses from any high point for SFY and RFDA.

Drawdown Indicators

	SFY	RFDA	Difference
Max Drawdown Largest peak-to-trough decline	-33.25%	-34.60%	+1.35%
Max Drawdown (1Y) Largest decline over 1 year	-10.79%	-5.45%	-5.34%
Max Drawdown (3Y) Largest decline over 3 years	-21.04%	-19.35%	-1.69%
Max Drawdown (5Y) Largest decline over 5 years	-27.72%	-19.35%	-8.37%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.60%	—
Current Drawdown Current decline from peak	-4.56%	-2.06%	-2.50%
Average Drawdown Average peak-to-trough decline	-6.16%	-3.73%	-2.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	1.53%	+1.08%

Volatility

SFY vs. RFDA - Volatility Comparison

SoFi Select 500 ETF (SFY) has a higher volatility of 6.87% compared to RiverFront Dynamic US Dividend Advantage ETF (RFDA) at 3.21%. This indicates that SFY's price experiences larger fluctuations and is considered to be riskier than RFDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SFY	RFDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.87%	3.21%	+3.66%
Volatility (6M) Calculated over the trailing 6-month period	12.44%	8.78%	+3.66%
Volatility (1Y) Calculated over the trailing 1-year period	15.61%	11.71%	+3.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.21%	15.75%	+3.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.25%	16.87%	+3.38%

SFY vs. RFDA - Expense Ratio Comparison

SFY has a 0.00% expense ratio, which is lower than RFDA's 0.52% expense ratio.

Dividends

SFY vs. RFDA - Dividend Comparison

SFY's dividend yield for the trailing twelve months is around 0.87%, less than RFDA's 1.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
RFDA RiverFront Dynamic US Dividend Advantage ETF	1.81%	1.89%	2.23%	2.68%	3.57%	1.44%	1.62%	1.87%	2.44%	1.90%	0.98%
SFY SoFi Select 500 ETF	0.87%	0.96%	0.99%	1.40%	1.61%	0.90%	1.18%	1.02%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SFY and RFDA in my portfolio?

SFY and RFDA have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SFY or RFDA?

SFY has higher volatility (6.87%) compared to RFDA (3.21%). In terms of maximum drawdown, SFY dropped -33.25% vs RFDA's -34.60%.

Which ETF is better, SFY or RFDA?

On 5-year performance, SFY leads with 14.38% vs 12.74% for RFDA. On fees, SFY is cheaper at 0.00% per year. On volatility, RFDA has been the lower-risk option at 3.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SFY or RFDA?

Over the 5-year period, SFY has performed better with a 14.38% return vs 12.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SFY or RFDA?

SFY is cheaper with a 0.00% expense ratio, compared with 0.52% for RFDA.

Which ETF pays a higher dividend yield, SFY or RFDA?

RFDA has the higher dividend yield at 1.81%, compared with 0.87% for SFY.

What is the main difference between SFY and RFDA?

They also come from different issuers: SoFi and SS&C. Their fees differ too: 0.00% for SFY and 0.52% for RFDA.

Which has better risk-adjusted returns?

RFDA currently has the higher Sharpe Ratio (2.15 vs 1.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.