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Launched

Daily Target 2X Long SOFI ETF

SOFXNasdaqDThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$6.43−0.01 (−0.16%)

At close: Oct 13, 2026, 4:00 PM

D39/ 100

Rank 273 of 380 in Single-Stock Long Leveraged

D39/100Rank 273 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 6.44 to 6.43. Range 6.33 to 6.50. Use the arrow keys to read each point.6.356.406.5010 AM12 PM2 PM4 PM
Expense ratio
1.33%
Fund size
$54M
1Y total return
−80.6%
Yield · Last 12 months
Data unavailable
Holdings
10
Avg volume · 30D
1.3M sh
NAV per share
$6.95
52W range
low $6.41high $55.48
Launched

The ETF.net SOFX Grade

Based on 5 of 6 pillars

D

Score 39 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
273 of 380
Six-pillar profile for SOFX. Scores out of 100: Cost 23, Risk 31, Mission 87, Tradability 69, Holdings not scored, Durability 76. Strongest: Mission (87). Weakest: Cost (23). Based on 5 of 6 pillars.

Score 39 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F23 out of 100
    Rank 290 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A87 out of 100
    Rank 96 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D31 out of 100
    Rank 278 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B69 out of 100
    Rank 87 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A76 out of 100
    Rank 34 of 380

Our read on SOFX

ETF.net Research

DOne of only two US ETFs that lever SoFi Technologies. SOFX targets twice SOFI's daily move using swaps and options, with the clock resetting every close. A one-stock trade in a fund wrapper.

Stated mandate

The fund seeks daily results equal to twice the daily percentage change in SoFi Technologies, Inc.'s share price.

Why people hold it

  1. 01One ticker does the job of a margin account: twice SOFI's daily move, no borrowing, no margin calls, no losing more than you put in.defianceetfs.com
  2. 02Day to day, it has stayed close to its stated 2x target, which is the entire job of a daily leveraged fund.
  3. 03Gets its leverage from swap agreements and listed options rather than owning SOFI outright, so the machinery sits inside the fund instead of your brokerage account.defianceetfs.com
  4. 04Actively traded for a single-stock leverage product, so getting in and out is rarely the hard part.

Worth knowing

  1. 01The daily reset is the whole story. Over a choppy stretch, your result can drift far from twice SOFI's move for that period, in either direction.defianceetfs.com
  2. 02The 1.29% fee runs above the typical leveraged single-stock fund, and SOFA, the other 2x SOFI ETF, charges less.
  3. 03Everything rides on one fintech stock, doubled. No diversification, and the fund only launched in 2025, so the track record is short.

SOFX Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
10
Top-10 weight
280%
Largest holding
United States Treasury Bill 11/19/202670.3%

Sectors

  • Financials100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States Treasury Bill 11/19/202670.33%35,500,000$35M56
002—Sofi Technologies, Inc.-Swap-Mscs-L49.26%1,625,800$25M1
003—Sofi Technologies Swap Jnst-L26.26%866,720$13M1
004—Sofi Nomura26.22%865,282$13M1
005—Sofi Tech Swap Marex-L25.20%831,783$13M1
006—Sofi Technologies Swap Cs-L23.72%782,892$12M1
007—Sofi Technologies Swap Nbc-L21.69%715,954$11M1
008—Sofi Technologies - L -Cantor18.17%599,655$9M1
009—First American Government Obligations Fund 12/01/20319.61%4,832,648$5M529
010—Sofi Technologies Inc Swap Bmo9.59%316,561$5M1

Showing 1–10 of 10 holdings

SOFX Performance

Launched Jan 15, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
SOFX$1,944
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. SOFX $1,944. SPY $12,044. Use the arrow keys to read each point.$1,026$7,679$14,332Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SOFX. Periods over one year show the average yearly return.
PeriodSOFX
Year to date−77.3%
1 month−24.9%
3 months−42.1%
1 year−80.6%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SOFX
YearReturn barSOFX
2026 YTD−77.3%
2025+44.7%

History from Jan 16, 2025

SOFX in the news

Filtered to SOFX · Single-Stock Long Leveraged

SOFX Dividends

Last payment
$3.60 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $3.60. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$3.60

SOFX Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
104.9%
Annualised · 20 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.11
vs 3-month T-bills · 20 months to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−86.2%
20 months · trough Oct 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
4.56
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SOFX Cost

Expense ratio1.33%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

259 of the 333 Single-Stock Long Leveraged funds charge less.

SOFX costs $133.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.

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