TYLG ISSUER
The issuer of the SoFi Select 500 ETF (TYLG) is SoFi ETFs, a subsidiary of Social Finance, Inc. (SoFi). SoFi is a financial technology company that provides a range of financial services, including student loan refinancing, personal loans, mortgages, and investment products. The SoFi Select 500 ETF is designed to track the performance of the Solactive SoFi US 500 Growth Index, which includes 500 of the largest U.S. companies with a focus on growth-oriented stocks. SoFi ETFs aims to provide investors with innovative and cost-effective investment solutions, making them an attractive choice for those seeking exposure to U.S. growth equities.
TYLG DIVIDEND
While the iShares Edge MSCI USA Quality Factor ETF (TYLG) primarily emphasizes quality-focused investing rather than dividend yield, it still provides investors with exposure to companies that exhibit strong fundamentals, including those with consistent dividend distributions. Dividends from TYLG are typically distributed on a quarterly basis, in line with the dividend policies of the underlying high-quality U.S. companies. Investors considering TYLG may appreciate the potential for both capital appreciation and modest dividend returns due to the ETF's focus on quality-driven stocks.
TYLG TRACKING
The Direxion Daily Technology Bull 3X Shares ETF (TYLG) strives to track the daily performance of the Technology Select Sector Index. This ETF employs a 3x leverage factor, which means it aims to provide triple the daily returns of the index it tracks. TYLG is a popular choice for investors seeking amplified exposure to the technology sector, making it an essential tool for those looking to capitalize on short-term movements in technology stocks.
TYLG CORRELATION
The correlation aspect of the TrueMark Technology, AI & Deep Learning ETF(TYLG) is not widely known due to limited available information. However, understanding the correlations of TYLG can be essential for investors seeking to optimize their portfolio allocations and risk management strategies. To explore the correlations of TYLG and gain deeper insights into its behavior in relation to other assets and sectors, investors can leverage the ETF Insider web app. This powerful tool offers a simple visualization interface that provides valuable data and helps investors identify potential overlap with other US ETFs, ultimately aiding in more informed investment decisions.
TYLG SECTOR
The TrueMark Technology, AI & Deep Learning ETF (TYLG) primarily focuses on the technology sector, with a substantial allocation to companies involved in artificial intelligence and deep learning technologies. This concentration allows investors to participate in the rapid advancements and innovations taking place in these cutting-edge industries. However, it's essential to note that such specialization can introduce higher volatility and risk compared to more diversified ETFs. Each option position in TYLG is held until one day prior to the expiration date and liquidated at 2:00 p.m. ET, emphasizing the ETF's commitment to its underlying sector.
TYLG EXPOSURE
The exposure characteristic of the TrueMark Technology, AI & Deep Learning ETF (TYLG) emphasizes its focus on the European Monetary Union (EMU) equity market. TYLG seeks to replicate the performance of equity securities based in EMU countries while seeking to mitigate exposure to fluctuations between the value of the US dollar and the euro. This ETF primarily invests in a diversified basket of Eurozone equities, providing investors with an opportunity to gain exposure to the economic activities of Eurozone member countries.For a more comprehensive understanding of TYLG's exposure, investors can turn to the ETF Insider web app. This tool offers in-depth data and simple visualizations for US ETFs, allowing users to explore overlap, correlations, and other relevant insights, helping them make informed investment decisions.