SoFi Technologies Inc vs Vanguard Information Technology Index Fund ETF — how do they compare? SoFi Technologies Inc trades at $17.63 (market cap $21.82B), while Vanguard Information Technology Index Fund ETF trades at $115.8. The key difference: Vanguard Information Technology Index Fund ETF is trading nearer its 52-week high, SoFi Technologies Inc nearer its low. Which is the better fit depends on your goals.
| SOFI | VGT | |
|---|---|---|
Market Cap | $21.82B | — |
Sector | Financials | — |
52-Week High | $32.21 | $125.77 |
52-Week Low | $15.15 | $83.59 |
Trailing returns across standard periods
Latest headlines on both assets
SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
Read more on SOFI →The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index/Information Technology 25/50, an index made up of stocks of large, mid-size, and small US companies within the information technology sector, as classified under the GICS. The advisor attempts to replicate the target index by seeking to invest all of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. It is non-diversified.
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