Sofi

A strength of Sofi is that its product shelf of open-end and exchange-traded funds is, on average, offered at a minimal cost, suggesting that it considers what's best for its investor base. On average, fees for funds are in the lowest quintile of respective category peers. In terms of risk-adjusted performance, the Sofi open-end and exchange-traded funds fall short of competitors, with an average three-year Morningstar Rating of 2.0 stars. Sofi has had high portfolio management turnover over the past five years compared with peers, detracting from its rating, as long-term stability tends to go together with positive results.