GIGE

SoFi Gig Economy ETF
*Unless otherwise stated, data provided by FactSet.

GIGE Fund Description

GIGE invests in firms expected to benefit from the “gig economy”, as defined by its advisor. The actively-managed fund can invest in firms across all geographies and market capitalization.

GIGE Factset Analytics Insight

GIGE is an actively-managed fund that targets global companies involved in the “gig economy”. The fund’s advisor, Toroso Investments, defines the space with five groups, each of which has a defined target range for allocation weighting. Most heavily-weighted are companies that directly participate in revenue generation from “gig economy” such as: web-based stores, auction sites and app-based platforms. Companies that support the space via marketing and sales such as platforms for social media, and firms that facilitate payment are also given hefty allocations. The advisor has wide latitude with respect to location and market-cap size of the firms. Beyond the all-important definition of and allocation to the five groups of firms, the prospectus is mostly silent on finer points of selection and weighting of stocks, which is not unusual for an actively-managed ETF.

GIGE MSCI ESG Analytics Insight

SoFi Gig Economy ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.35 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SoFi Gig Economy ETF ranks in the 17th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

GIGE Charts And Performance

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Select ETFs to compare their performance:
PERFORMANCE [as of 01/25/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GIGE 8.31% 37.13% 12.63% 104.18% -- -- --
GIGE (NAV) 11.35% 36.05% 13.04% 110.25% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI ACWI + Frontier Markets IMI Index 5.00% 16.05% 3.64% 18.90% 8.73% 15.04% 9.29%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GIGE Summary Data

SoFi
05/08/19
Open-Ended Fund
0.59%
$32.87M
$822.52K
0.26%

GIGE Portfolio Data

$153.23B
-48.82
6.64
0.30%
N/A
61

GIGE Index Data

No Underlying Index
Proprietary
Proprietary
MSCI ACWI + Frontier Markets IMI Index

GIGE Portfolio Management

0.59%
--
--
--

GIGE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

GIGE Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Medium
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

GIGE Factset Analytics Block Liquidity

As of 01/26/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GIGE. GIGE is rated a 5 out of 5.

GIGE Tradability

22,138
$822.52K
19,993
$765.28K
0.26%
$0.09
0.07%
7.13% / -3.75%
None
92.00%
50,000
0.40
--
0.03%
0
$41.41
5

GIGE Sector/Industry Breakdown


GIGE
Segment Benchmark
76.86%
25.78%
10.67%
11.24%
6.71%
13.55%
3.95%
16.87%

GIGE Top 10 Holdings[View All]

3.82%
3.56%
3.04%
2.97%
Upwork, Inc. 2.77%
31.35%

GIGE Countries


GIGE
Segment Benchmark
69.45%
57.21%
11.60%
4.69%
7.88%
0.85%
3.15%
2.38%
2.80%
7.15%
1.82%
0.29%
1.43%
1.04%
1.40%
0.36%
0.48%
4.14%
--
0.01%

GIGE Regions


GIGE
Segment Benchmark
69.45%
59.72%
23.68%
20.59%
6.88%
17.45%
--
1.00%
--
1.25%

GIGE Economic Development


GIGE
Segment Benchmark
92.12%
94.52%
7.88%
5.48%

GIGE Performance Statistics

0.67
1.06
0.91
1.13
1.35%
MSCI ACWI + Frontier Markets IMI Index

GIGE MSCI ESG Ratings

4.35 / 10
--
16.60
--
0.41%
14.31

GIGE Benchmark Comparison Holdings

61
9119
56
8.81%

GIGE Benchmark Comparison Summary


GIGE
Segment Benchmark
61
9119
$153.23B
$258.54B
-48.82
40.72
6.64
2.53
0.07%
1.90%
Medium
Low

GIGE Benchmark Comparison Market Cap Size


GIGE
Segment Benchmark
68.67%
78.47%
17.60%
15.81%
13.73%
5.17%
0.00%
0.54%