SoFi ETF Innovation Continues with Weekly Dividend ETF (WKLY)

SoFi ETF Innovation Continues with Weekly Dividend ETF (WKLY)

In 2019, we made ETF industry history with the market’s first zero-fee ETFs.* We followed that up in 2020 with the first bond ETF to offer weekly payouts, so you could get your money faster than the typical quarterly or annual distributions. And today, we’re proud to introduce another industry first: the SoFi Weekly Dividend ETF (NYSE: WKLY), the first equity-based ETF to provide a weekly income distribution to shareholders.**

WKLY seeks to track the performance of the SoFi Sustainable Dividend Index, which is made up of large- and mid-cap companies in both the U.S. and developed international markets that meet a robust set of sustainable dividend filters. Securities selected for the index have maintained their dividend payments over the past five years and met a number of additional screens designed to remove companies at risk of reducing their dividend payouts. The fund plans to distribute income from its investments to shareholders every Thursday.

WKLY is passively managed and has an expense ratio of 0.49%.

SoFi’s innovative ETF lineup also includes the SoFi Gig Economy ETF (GIGE), the only ETF to provide targeted exposure to the companies driving and benefiting from the growth of the gig economy; the SoFi Social 50 ETF (SFYF), which is made up of the 50 most widely held U.S. listed stocks on the SoFi Invest platform.

All of SoFi’s ETFs are available through SoFi Invest, as well as through any other brokerage account.

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus. A prospectus may be obtained by visiting Please read the prospectus carefully before you invest.

*The Fund’s investment adviser has agreed to waive its Management Fees for SoFi Select 500 ETF and SoFi Next 500 ETF until at least June 30, 2021. Investors buy and sell ETF shares through a brokerage account or an investment adviser like ordinary stocks, brokerage commissions and/or transaction costs or service fees may apply. Please consult your broker or financial advisor for their fee schedule.

Investing involves risk. Principal loss is possible.

**The Fund intends to pay out dividends and interest income, if any, weekly. There is no guarantee these payouts will be made.

There is no guarantee that the Fund’s investment strategy will be successful. Shares may trade at a premium or discount to their NAV in the secondary market, and a fund’s holdings and returns may deviate from those of its index. These variations may be greater when markets are volatile or subject to unusual conditions. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses. The Fund is new and has a limited operating history. You can lose money on your investment in the Fund.

The Fund’s investments will be concentrated in an industry or group of industries to the extent the Index is so concentrated. In such event, the value of Shares may rise and fall more than the value of shares that invest in securities of companies in a broader range of industries.

There is no guarantee that issuers of the securities held by the Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

Investments in securities or other instruments of non-U.S. issuers involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies. Financial markets in foreign countries often are not as developed, efficient, or liquid as financial markets in the United States, and therefore, the prices of non-U.S. securities and instruments can be more volatile. In addition, the Fund will be subject to risks associated with adverse political and economic developments in foreign countries, which may include the imposition of economic sanctions. Generally, there is less readily available and reliable information about non-U.S. issuers due to less rigorous disclosure or accounting standards and regulatory practices.

SoFi ETFs are distributed by Foreside Fund Services, LLC.

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