The SoFi Weekly Dividend ETF (WKLY) is an exchange-traded fund designed to provide income through investments in U.S. dividend-paying stocks. The ETF is managed by SoFi Asset Management and trades under the ticker WKLY on the NYSE Arca.

Classified as a dividend-focused equity ETF, the fund invests in U.S. companies with a history of paying dividends and is structured to distribute income to shareholders on a weekly basis.

The ETF follows a passive management approach and seeks to track the performance of the Solactive SoFi US Weekly Dividend Index, a benchmark composed of U.S. companies selected according to dividend-related and financial-quality criteria.

Diversification and sector exposure

WKLY provides exposure primarily associated with:

• Dividend-paying companies.

• U.S. large-cap stocks.

• Consumer staples.

• Healthcare.

• Financial services.

• Industrials.

• Utilities.

• Income-oriented equity strategies.

The portfolio includes companies across multiple sectors of the U.S. economy, seeking to balance dividend-generation potential with broad sector diversification.

The ETF’s performance is influenced by both stock-price movements and dividend distributions from the underlying holdings. Companies with established cash-flow generation and shareholder-return practices typically play an important role within the portfolio.

Structure and costs

WKLY shares trade on the secondary market on the NYSE Arca during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee.

Dividends received from portfolio holdings are used to support the ETF’s weekly distribution policy, although distribution amounts may vary depending on the performance of the underlying investments.

History and evolution of the ETF

The SoFi Weekly Dividend ETF was launched in 2020 with the objective of providing investors with a differentiated income-oriented strategy built around dividend-paying U.S. equities.

Since inception, the fund has stood out for its weekly distribution schedule, a feature that is relatively uncommon among traditional dividend ETFs.

In recent years, investor interest in income-generating strategies has remained strong amid changing economic conditions, shifting interest-rate environments, and the ongoing search for diversified sources of cash flow within the U.S. equity market.

Additional Information

SoFi Weekly Dividend ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $11.11 million.

Over the past 12 months, SoFi Weekly Dividend ETF recorded a return of 0.00%, with its price trading between $0.00 and $0.00 during the same period.

The ETF is traded under the ticker WKLY.