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SoFi Expands ETF Lineup with the Social 50 Income ETF (SFYI), Seeking Income and Pursuing Growth

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  • SoFi Technologies announced the launch of the SoFi Social 50 Income ETF (NYSE: SFYI), which invests in the top 50 U.S.-listed stocks held by SoFi Invest self-directed accounts.
  • The fund combines this stock portfolio with an actively managed options strategy, such as covered calls & call spreads, to pursue monthly income distributions & long-term growth.
  • SFYI lowers capital barriers by allowing investors to access options-based income strategies without needing to own 100 shares of individual stocks.
  • Professional portfolio managers actively manage the fund, removing the need for investors to manually execute or manage options trades.
  • The ETF is built upon the existing SoFi Social 50 ETF (NYSE: SFYF), with holdings rebalanced monthly based on member investment weights.
  • Current underlying holdings for the base portfolio include companies such as Tesla, NVIDIA, & Amazon.
  • SFYI is a series of Tidal Trust I, advised by Tidal Investments LLC, with a gross expense ratio of 0.73%.
  • SoFi serves as the brand sponsor & marketing support provider but does not act as the investment adviser or make investment decisions.
  • The fund is listed on NYSE Arca & available for purchase through SoFi Invest & other brokerage platforms.
  • SoFi sponsors additional ETFs including the SoFi Agentic AI ETF (AGIQ), SoFi Select 500 (SFY), & SoFi Enhanced Yield ETF (THTA).
  • Investments are not FDIC insured, are not bank guaranteed, & may lose value, with specific risks including derivatives, NAV decline, concentration, & high portfolio turnover.