SoFi Files U.S. Risk-Off ETF Focused on Quality and Low Volatility

The SoFi Risk-Off Equity ETF (ROFF) will track the BITA US Risk-Off Equity Index, which selects 50 large-cap U.S. companies based on quality and low-volatility characteristics. Eligible companies must have a market capitalization of at least $50 billion, with the index ranking stocks using measures of earnings stability, profitability, leverage, and share price volatility. The non-diversified fund will generally replicate the index and invest at least 80% of assets in its constituent companies.