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Trending ETFs

SoFi Gig Economy ETF

Active ETF
GIGE
Dividend policy
Suspended
Price as of:
$36.57 -0.74 -1.98%
primary theme
N/A
GIGE (ETF)

SoFi Gig Economy ETF

Dividend policy
Suspended
Price as of:
$36.57 -0.74 -1.98%
primary theme
N/A
GIGE (ETF)

SoFi Gig Economy ETF

Dividend policy
Suspended
Price as of:
$36.57 -0.74 -1.98%
primary theme
N/A

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

SoFi Gig Economy ETF

GIGE | Active ETF

$36.57

$29.3 M

0.00%

$0.00

0.59%

Vitals

YTD Return

-0.1%

1 yr return

25.2%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$29.3 M

Holdings in Top 10

31.4%

52 WEEK LOW AND HIGH

$37.7
$28.56
$47.63

Expenses

OPERATING FEES

Expense Ratio 0.59%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 68.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

World Large-Stock Growth


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

SoFi Gig Economy ETF

GIGE | Active ETF

$36.57

$29.3 M

0.00%

$0.00

0.59%

GIGE - Profile

Distributions

  • YTD Total Return 1.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    SoFi Gig Economy ETF
  • Fund Family Name
    Sofi
  • Inception Date
    May 07, 2019
  • Shares Outstanding
    850000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Charles Ragauss

Fund Description

The fund seeks to achieve its investment objective primarily by investing in a portfolio of companies listed around the world that the Adviser considers part of the "gig economy". The "gig economy" refers to the group of companies that have embraced, that support, or that otherwise benefit from a workforce where individual employees or independent contractors are empowered to create their own freelance business by leveraging recent developments in technology platforms that enable individuals to offer their services directly to retail and commercial customers. It is non-diversified.


GIGE - Performance

Return Ranking - Trailing

Period GIGE Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -35.6% 29.2% 97.76%
1 Yr 25.2% 17.3% 252.4% 0.80%
3 Yr N/A* -3.5% 34.6% N/A
5 Yr N/A* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period GIGE Return Category Return Low Category Return High Rank in Category (%)
2020 96.7% -24.3% 957.1% 1.06%
2019 N/A -38.3% 47.1% N/A
2018 N/A -54.2% 0.6% N/A
2017 N/A -76.0% 54.1% N/A
2016 N/A -26.1% 47.8% N/A

Total Return Ranking - Trailing

Period GIGE Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -35.6% 29.2% 96.76%
1 Yr 25.2% 11.4% 252.4% 0.80%
3 Yr N/A* -3.5% 34.6% N/A
5 Yr N/A* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period GIGE Return Category Return Low Category Return High Rank in Category (%)
2020 96.7% -24.3% 957.1% 1.06%
2019 N/A -33.1% 47.1% N/A
2018 N/A -44.4% 1.8% N/A
2017 N/A -6.5% 54.1% N/A
2016 N/A -14.4% 47.8% N/A

GIGE - Holdings

Concentration Analysis

GIGE Category Low Category High GIGE % Rank
Net Assets 29.3 M 199 K 133 B 82.24%
Number of Holdings 75 1 9075 50.66%
Net Assets in Top 10 9.18 M -18 M 37.6 B 80.62%
Weighting of Top 10 31.35% 9.1% 100.0% 45.54%

Top 10 Holdings

  1. Snap Inc Class A 4.04%
  2. Airbnb Inc Ordinary Shares - Class A 3.79%
  3. Fiverr International Ltd 3.52%
  4. Fiverr International Ltd 3.52%
  5. Fiverr International Ltd 3.52%
  6. Fiverr International Ltd 3.52%
  7. Fiverr International Ltd 3.52%
  8. Fiverr International Ltd 3.52%
  9. Fiverr International Ltd 3.52%
  10. Fiverr International Ltd 3.52%

Asset Allocation

Weighting Return Low Return High GIGE % Rank
Stocks
99.66% 61.84% 125.47% 42.18%
Cash
0.34% -174.70% 23.12% 51.76%
Preferred Stocks
0.00% -0.01% 5.28% 41.52%
Other
0.00% -13.98% 19.14% 48.90%
Convertible Bonds
0.00% 0.00% 4.46% 34.69%
Bonds
0.00% -1.50% 161.67% 38.00%

Stock Sector Breakdown

Weighting Return Low Return High GIGE % Rank
Communication Services
33.99% 0.00% 57.66% 0.22%
Technology
32.13% 0.00% 49.87% 17.95%
Consumer Cyclical
19.81% 0.00% 40.94% 7.60%
Financial Services
6.44% 0.00% 38.42% 84.69%
Industrials
4.83% 0.00% 44.06% 85.35%
Consumer Defense
2.80% 0.00% 73.28% 75.33%
Utilities
0.00% 0.00% 29.12% 81.06%
Real Estate
0.00% 0.00% 39.48% 82.38%
Healthcare
0.00% 0.00% 35.42% 98.90%
Energy
0.00% 0.00% 21.15% 77.86%
Basic Materials
0.00% 0.00% 38.60% 90.86%

Stock Geographic Breakdown

Weighting Return Low Return High GIGE % Rank
US
55.17% 0.13% 103.82% 45.04%
Non US
44.49% 0.58% 99.46% 51.54%

GIGE - Expenses

Operational Fees

GIGE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.01% 44.27% 88.83%
Management Fee 0.59% 0.00% 1.82% 29.87%
12b-1 Fee 0.00% 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

GIGE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GIGE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GIGE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 68.00% 0.00% 395.00% N/A

GIGE - Distributions

Dividend Yield Analysis

GIGE Category Low Category High GIGE % Rank
Dividend Yield 0.00% 0.00% 3.26% 4.05%

Dividend Distribution Analysis

GIGE Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

GIGE Category Low Category High GIGE % Rank
Net Income Ratio -0.36% -4.27% 12.65% 86.70%

Capital Gain Distribution Analysis

GIGE Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Dividend Payout History

View More +

GIGE - Fund Manager Analysis

Managers

Charles Ragauss


Start Date

Tenure

Tenure Rank

May 07, 2019

2.4

2.4%

Mr. Ragauss currently serves as Director of Product Management at CSat Investment Advisory, having joined the it in April 2016. Prior to joiningCSat Investment Advisory, Mr. Ragauss was Assistant Vice President at Huntington National Bank (“Huntington”), where he was Product Manager for the Huntington Funds and Huntington Strategy Shares ETFs, a combined fund complex of almost $4 billion in assets under management. At Huntington, he led ETF development bringing to market some of the first actively managed ETFs. Mr. Ragauss joined Huntington in 2010. Mr. Ragauss attended Grand Valley State University where he received his Bachelor of Business Administration in Finance and International Business, as well as a minor in French. He is a member of both the National and West Michigan CFA societies and holds the CFA designation.

Michael Venuto


Start Date

Tenure

Tenure Rank

May 07, 2019

2.4

2.4%

Mr. Venuto is a co-founder and has been the Chief Investment Officer of the Toroso Investments, LLC since 2012. Mr. Venuto is an ETF industry veteran with over a decade of experience in the design and implementation of ETF-based investment strategies. Previously, he was Head of Investments at Global X Funds where he provided portfolio optimization services to institutional clients. Before that, he was Senior Vice President at Horizon Kinetics where his responsibilities included new business development, investment strategy and client and strategic initiatives.

David Dziekanski


Start Date

Tenure

Tenure Rank

Sep 18, 2020

1.03

1.0%

Extensive experience in the asset management business. Masters degree in Finance from Washington University in St. Louis. Manages the Global Dynamic Multi-Asset Strategy and provides ETF research and mutual fund research to the investment team.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25