SFY: Chasing Growth Without Substantially Capturing Returns

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DNY59/iStock via Getty Images Investment Thesis SoFi Select 500 ETF ( NYSEARCA: SFY ) warrants a hold rating due to its tendency to reactively increase weight on growing S&P 500 companies without substantially capturing returns. While the fund’s top holdings have strong Analyst’s Disclosure: I/we have a beneficial long position in the shares of SCHG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions.

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