SFYX vs. NU

Last updated Jun 24, 2026

SFYX (SoFi Next 500 ETF) is Mid Cap Growth Equities fund tracking the Solactive SoFi US Next 500 Growth Index, while NU (Nu Holdings Ltd.) is a stock. At a 0.50 correlation, their price movements are largely independent.

Performance

SFYX vs. NU - Performance Comparison

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

Returns By Period

SFYX

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

NU

• 1D: -1.56%
• 1M: -1.10%
• YTD: -24.79%
• 6M: -24.88%
• 1Y: 2.03%
• 3Y*: 18.53%
• 5Y*: —
• 10Y*: —

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

SFYX vs. NU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SFYX SoFi Next 500 ETF	5.66%	14.25%	14.45%	17.70%	-22.88%	-0.63%
NU Nu Holdings Ltd.	-24.79%	61.58%	24.37%	104.67%	-56.61%	-16.62%

Correlation

The correlation between SFYX and NU is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (All Time) Calculated using the full available price history since Dec 9, 2021	0.50

The correlation between SFYX and NU shifts across timeframes, from 0.33 (1 year) to 0.50 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SFYX vs. NU — Risk / Return Rank

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

SFYX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

NU

NU Risk / Return Rank: 42
NU Sharpe Ratio Rank: 45
NU Sortino Ratio Rank: 40
NU Omega Ratio Rank: 39
NU Calmar Ratio Rank: 43
NU Martin Ratio Rank: 44

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.

SFYX vs. NU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Next 500 ETF (SFYX) and Nu Holdings Ltd. (NU). 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.

	SFYX	NU	Difference
Sharpe ratio: Return per unit of total volatility	—	0.05	—
Sortino ratio: Return per unit of downside risk	—	0.34	—
Omega ratio: Gain probability vs. loss probability	—	1.04	—
Calmar ratio: Return relative to maximum drawdown	—	0.05	—
Martin ratio: Return relative to average drawdown	—	0.13	—

Drawdowns

Drawdown Indicators

	SFYX	NU	Difference
Max Drawdown Largest peak-to-trough decline	—	-72.07%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-38.17%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-39.58%	—
Current Drawdown Current decline from peak	—	-32.89%	—
Average Drawdown Average peak-to-trough decline	—	-29.78%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.15%	—

Volatility

Volatility by Period

	SFYX	NU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	28.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	38.18%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	58.36%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	58.36%	—

Dividends

SFYX vs. NU - Dividend Comparison

Neither SFYX nor NU has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
NU Nu Holdings Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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 SFYX and NU in my portfolio?

SFYX and NU have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.