SFY vs. SFYX

Last updated Jun 6, 2026

SFY (SoFi Select 500 ETF) and SFYX (SoFi Next 500 ETF) are both exchange-traded funds - SFY is a Large Cap Growth Equities fund tracking the Solactive SoFi US 500 Growth Index, while SFYX is a Mid Cap Growth Equities fund tracking the Solactive SoFi US Next 500 Growth Index. Both are passively managed. Their correlation of 0.80 suggests significant overlap in exposure. Both charge a 0.00% expense ratio.

Performance

SFY vs. SFYX - Performance Comparison

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

Returns By Period

SFY

• 1D: -3.81%
• 1M: 0.87%
• YTD: 10.38%
• 6M: 9.90%
• 1Y: 30.97%
• 3Y*: 25.82%
• 5Y*: 15.02%
• 10Y*: —

SFYX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SFY vs. SFYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SFY SoFi Select 500 ETF	10.38%	22.67%	29.81%	29.36%	-22.84%	28.03%	24.52%	13.38%
SFYX SoFi Next 500 ETF	5.66%	14.25%	14.45%	17.70%	-22.88%	18.89%	17.63%	6.95%

Correlation

The correlation between SFY and SFYX is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Apr 12, 2019	0.80

Over the past year, the correlation between SFY and SFYX has dropped to 0.54 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

SFY vs. SFYX - Sectors Allocation Comparison

Sectors	SFY	SFYX
Technology	45.5%	16.9%
Communication Services	10.2%	4.5%
Financial Services	9.6%	15.9%
Healthcare	9.4%	12.1%
Consumer Cyclical	7.6%	9.9%
Industrials	6.7%	20.5%
Consumer Defensive	3.4%	3.0%
Energy	2.4%	4.5%
Utilities	1.9%	2.2%
Real Estate	1.7%	6.4%
Basic Materials	1.7%	3.2%

Return for Risk

SFY vs. SFYX — Risk / Return Rank

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

SFY

SFY Risk / Return Rank: 63
SFY Sharpe Ratio Rank: 64
SFY Sortino Ratio Rank: 59
SFY Omega Ratio Rank: 62
SFY Calmar Ratio Rank: 60
SFY Martin Ratio Rank: 69

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. SFYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Select 500 ETF (SFY) and SoFi Next 500 ETF (SFYX). 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.

	SFY	SFYX	Difference
Sharpe ratio: Return per unit of total volatility	2.08	—	—
Sortino ratio: Return per unit of downside risk	2.72	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.88	—	—
Martin ratio: Return relative to average drawdown	12.51	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SFY	SFYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	—	—

Drawdowns

Drawdown Indicators

	SFY	SFYX	Difference
Max Drawdown Largest peak-to-trough decline	-33.25%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.79%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.04%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.72%	—	—
Current Drawdown Current decline from peak	-4.59%	—	—
Average Drawdown Average peak-to-trough decline	-6.18%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	—	—

Volatility

Volatility by Period

	SFY	SFYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.96%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.09%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	—	—

SFY vs. SFYX - Expense Ratio Comparison

SFY has a 0.00% expense ratio, which is lower than SFYX's 0.00% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SFY vs. SFYX - Dividend Comparison

SFY's dividend yield for the trailing twelve months is around 0.87%, less than SFYX's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SFY SoFi Select 500 ETF	0.87%	0.96%	0.99%	1.40%	1.61%	0.90%	1.18%	1.02%
SFYX SoFi Next 500 ETF	1.36%	1.44%	1.25%	1.51%	1.56%	0.90%	1.16%	1.02%

Frequently Asked Questions

Can I hold both SFY and SFYX in my portfolio?

SFY and SFYX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SFY or SFYX?

Both ETFs have the same 0.00% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SFY or SFYX?

SFY and SFYX have the same expense ratio: 0.00% per year.

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

SFYX has the higher dividend yield at 1.36%, compared with 0.87% for SFY.

What is the main difference between SFY and SFYX?

SFY is categorized as Large Cap Growth Equities, while SFYX is Mid Cap Growth Equities. SFY tracks Solactive SoFi US 500 Growth Index, while SFYX tracks Solactive SoFi US Next 500 Growth Index.