7 Stock ETFs You Won't Find Anywhere Else

Joseph Hogue
•June 28th, 2023
DESCRIPTION
I was shocked to see new stock ETFs that I had never heard about start showing up in the comments. EVERY investor needs to check out these exchange traded funds. Get a $25 bonus when you open a SoFi savings or investing account with this link https://mystockmarketbasics.com/SOFIfree25
I thought I had seen all the most popular stock ETFs but started hearing you out there in the community ask for reviews on new ETFs. I looked around and found seven of the most innovative exchange traded funds, groups of stocks you won't find anywhere else.
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I'll review SoFi ETFs and give you the pros and cons of each, from the Weekly Dividend ETF, WKLY, to the SoFi Weekly Income, TGIF, and more. You can find these ETFs on any platform through their ticker symbol but on SoFi, you go to your investing account and scroll down. Scroll past these Features to Explore which are really just offers but hey, get all the free money you can like up to $100 when you trade crypto or up to $5000 when you transfer investments.
Then you’ll come to the Discovery section which is where you’ll first find collections, or individual stocks around specific themes like Dividend Growers, stocks under $10 and biotech. Scroll a little further and you’ll find the most popular stocks according to investor portfolios, a great way to follow the investing trends, and then finally these SoFi ETFs, eight exchange traded funds set up in specific themes.
Pros of the funds are that these are some innovative themes you won’t find on other platforms . In fact, to compare the expense ratios, I looked for a few of these themes like weekly payers and there just isn’t anything else available. You also get access to foreign stocks not available to US investors and the automated investing feature on SoFi is a great tool to use.
On the con side are those higher expense fees for the funds. Most SoFi funds charge 0.59% which isn’t as high as say the ARK Innovation fund at 0.75% fee but still quite a bit higher than Vanguard or Fidelity funds . The SoFi ETFs are also really low volume, maybe only a few thousand shares trading daily. The stocks within the funds are extremely liquid so it isn’t really an issue but might if you have to dump all your ETFs at once.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#etfs #exchangetradedfunds #stockstowatch

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