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 4.56 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 21st percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 06/10/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GIGE 2.63% -7.22% -1.60% 56.41% -- -- --
GIGE (NAV) 8.08% -5.05% -0.79% 57.64% -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
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%
$36.03M
$517.57K
0.18%

GIGE Portfolio Data

$103.55B
-62.36
7.33
0.34%
N/A
67

GIGE Index Data

No Underlying Index
Proprietary
Proprietary
N/A

GIGE Portfolio Management

0.59%
--
--
--

GIGE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

GIGE Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Medium
Daily

GIGE Factset Analytics Block Liquidity

As of 06/11/21
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

14,195
$517.57K
10,989
$404.21K
0.18%
$0.07
0.06%
0.94% / -1.30%
None
83.00%
50,000
0.22
--
0.05%
0
$36.35
5

GIGE Top 10 Holdings[View All]

3.50%
Upwork, Inc. 3.44%
2.82%
31.25%

GIGE Countries


GIGE
Segment Benchmark
64.45%
--
15.65%
--
5.80%
--
3.23%
--
2.57%
--
2.50%
--
2.23%
--
1.47%
--
1.03%
--
0.60%
--

GIGE Regions


GIGE
Segment Benchmark
66.69%
--
27.25%
--
5.46%
--
0.60%
--

GIGE Economic Development


GIGE
Segment Benchmark
94.20%
--
5.80%
--

GIGE Performance Statistics

--
--
--
--
0.00%
N/A

GIGE MSCI ESG Ratings

4.56 / 10
--
20.82
--
0.41%
15.26

GIGE Benchmark Comparison Holdings

67
--
--
0.00%

GIGE Benchmark Comparison Summary


GIGE
Segment Benchmark
67
--
$103.55B
--
-62.36
--
7.33
--
0.08%
--
Medium
High

GIGE Benchmark Comparison Market Cap Size


GIGE
Segment Benchmark
70.25%
--
19.81%
--
8.63%
--
1.31%
--