SoFi Gig Economy ETF (GIGE)

Description

The GIGE ETF contains 73 constituents. It is focused on growth holdings in the North America region.

Price $13.02 as of 2022-10-19

Cost/Risk/Yield

Dividend yield
Expense ratio0.59%
Average spread0.768%
1Y roundtrip cost1.358%

Historic prices

Total Returns (including dividends)

Monthly returns heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022-14.1%-10.3%-0.6%-19.2%-9.2%-9.9%6.6%0.5%-13.0%-4.2%-73.4%
20219.5%3.7%-9.9%0.4%-4.5%8.7%-8.7%2.7%-5.2%4.4%-8.0%-11.1%-18.0%
20203.7%-4.1%-14.1%17.2%18.2%8.3%9.4%8.8%-2.5%3.3%19.6%7.5%75.2%
20196.7%-0.2%-5.6%-3.8%1.5%1.4%0.2%0.2%
-0.9%-10.8%-24.6%-1.6%4.5%13.9%7.2%6.3%-24.6%5.0%13.1%-3.3%

Historical Dividends

Monthly dividend heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
20210.800.80
20200.120.12
0.000.000.000.000.000.000.000.000.000.000.000.92

Sectors and Top Holdings

Security % Assets
Spotify Technology SA4.03%
Shopify, Inc. Class A3.80%
Airbnb, Inc. Class A3.38%
LendingClub Corp3.31%
Square, Inc. Class A3.28%
monday.com Ltd.3.17%
Sea Ltd. (Singapore) Sponsored ADR Class A3.06%
Upwork, Inc.2.78%
Lightspeed Commerce Inc2.62%
Baidu Inc Sponsored ADR Class A2.47%
MercadoLibre, Inc.2.44%
Stratasys Ltd.2.42%
Alibaba Group Holding Ltd. Sponsored ADR2.37%
Twitter, Inc.2.37%
Roblox Corp. Class A2.30%
Top 15 Weights43.80%

Compare with similar ETFs

GIGE IBUY ICVT IPO PSJ XITK
Product nameSoFi Gig Economy ETFAmplify Online Retail ETFiShares Convertible Bond ETFRenaissance IPO ETFPowerShares Dynamic Software Portfolio ETFSPDR FactSet Innovative Technology ETF
IssuerSoFiAmplifyiSharesRenaissanceInvescoSPDR
Price$13.02$38.8$69.13$27.62$91.67$96.851
Expense Ratio0.59%worse0.65%better0.2%worse0.6%better0.56%better0.45%
Average Spread0.768%0.335%0.072%0.181%0.153%0.217%
AUM$11,292,100$311,365,000$1,274,420,000$203,644,000$283,760,000$138,751,000
Shares867,2918,024,87918,435,1447,373,0653,095,4551,432,628
Average Daily Volume1,65356,604261,93043,9236,3306,217
Home pageVisit external siteVisit external siteVisit external siteVisit external siteVisit external site
Inception Date2019-05-082016-04-202015-06-022013-10-142005-06-232016-01-13
Index TrackedNo Underlying IndexEQM Online Retail IndexBloomberg U.S. Convertible Cash Pay Bond > $250MM IndexRenaissance IPO IndexDynamic Software Intellidex IndexFactSet Innovative Technology Index
CategoryGlobal EquitiesConsumer Discretionary EquitiesPreferred Stock/Convertible BondsAll Cap EquitiesAll Cap EquitiesAll Cap Equities
Asset ClassEquityEquityBondEquityEquityEquity
Asset Class SizeLarge/Mid/Small CapsLarge/Mid/Small CapsLarge/Mid CapsLarge/Mid/Small CapsLarge/Mid/Small Caps
Value or GrowthGrowthGrowthGrowthGrowthGrowth
RegionNorth AmericaNorth AmericaNorth AmericaNorth AmericaNorth America
CountriesBroadBroadU.S.BroadU.S.Broad
Annual Dividend Rate$0$0$7.149$0$7.756$0.112
Annual Dividend Yield0.000%0.000%0.103%0.000%0.085%0.001%
Number of Holdings73720723393
YTD Return-54.81%-55.93%-21.62%-52.25%-28.19%-49.22%
Beta0.961.250.831.381.121.38
Upside Beta0.160.750.450.480.270.86
Downside Beta-0.47-0.01-0.06-0.27-0.14-0.01
Volatility 1Y57.21%47.81%18.84%52.88%33.84%46.58%
Sharpe Ratio 3Y-0.44-0.380.78-0.090.03-0.14
Treynor Ratio 3Y-0.01-0.010.010.000.000.00

Historic volatility

Implied volatility

Put/Call Ratio (option volume)

Put/Call Ratio (open interest)

Volatility Spread

Volatility Skew