SoFi Social 50 ETF

SFYF

Market cap $41.3M

Tesla ( NASDAQ:TSLA ) has been a roller coaster.

2024 is turning out to be a banner year for the U.S. stock market. We have highlighted five top-performing ETFs from various corners of the market.

The last time that Tesla ( NASDAQ:TSLA ) stock hit $400 was over three years ago, in November 2021.

Meme stocks are back in the spotlight with the resurgence of Keith Gill, aka Roaring Kitty, on social media after a three-year break. His return reignited interest in meme stocks like GameStop Corp GME, AMC Entertainment Holdings Inc AMC, and others, causing a significant surge in their prices.

Meme stocks roared back on Monday after the return of "Roaring Kitty" or Keith Gill, a social media influencer who sparked the 2021 meme stock rally on social media after a three-year break.

We have presented a bunch of top-performing ETFs from various corners of the market that have gained more than 50% in 2023.

There's the SoFi Be Your Own Boss ETF (BYOB) that invests in (not booze but) flexible work pioneers like Shopify, Mercadolibre and Coinbase Global.

SoFi has launched its latest ETF, the SoFi Enhanced Yield ETF (NYSE Arca: THTA), on the New York Stock Exchange. THTA seeks to generate income by combining a strategy of holding short-duration U.S. Treasuries with a “credit spread” option strategy to generate enhanced yield.