SoFi Technologies Inc vs Energy Select Sector SPDR Fund — how do they compare? SoFi Technologies Inc trades at $17.63 (market cap $21.82B), while Energy Select Sector SPDR Fund trades at $58.46. The key difference: Energy Select Sector SPDR Fund is trading nearer its 52-week high, SoFi Technologies Inc nearer its low. Which is the better fit depends on your goals.
| SOFI | XLE | |
|---|---|---|
Market Cap | $21.82B | — |
Sector | Financials | — |
52-Week High | $32.21 | $62.57 |
52-Week Low | $15.15 | $42.12 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as energy companies by the GICS®, including securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.
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