SoFi Enhanced Yield ETF
$15.81+0.04 (+0.25%)
- 0.61%
- $65M
- +17.2%
- 10.57%
- 0.1M sh
- $15.76
- low $14.60high $16.07
The ETF.net THTA Grade
B
Score 67 out of 100
- 3 of 24
Score 67 of 100 falls in the B 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.A83 out of 100Rank 5 of 24Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B58 out of 100Rank 10 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 10 of 24Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 15 of 24
Our read on THTA
BMost options-income funds sell calls on stocks they own. THTA flips it: short-dated Treasuries as the base, defined-risk index credit spreads on top, aiming for monthly income out of volatility premium instead of dividends.
THTA seeks current income by combining U.S. government securities, including Treasury bills and bonds, with a credit-spread options strategy intended to enhance yield.
Why people hold it
- At 0.61%, it undercuts the typical options-income fund, and it stands as one of the stronger builds of the index-overlay approach in that group.
- Defined risk by construction: SoFi states the most a single credit spread can lose is the gap between strike prices minus the premium collected. No naked-option tail.sofi.com
- Pays monthly against a declared annualized distribution-rate target, funded by Treasury interest plus option premium rather than stock dividends.sofi.com
- Collateral sits in short-dated Treasuries, so rate risk stays modest, and the option sleeve trades spreads on the S&P 500, Nasdaq 100 and Russell 2000, never single names.sofi.com
Worth knowing
- The options sleeve has teeth: SoFi's own materials warn losses can accelerate when volatility spikes and the market moves hard against a position.sofi.com
- A small fund that trades lightly, so bid-ask spreads can run wider and bigger orders can push the price around more than in the giants of the category.
- Returns come from premium collected and bill interest, not stock appreciation. There are no shares in the box to ride an equity rally.sofi.com
THTA Holdings
- Other
- 8
- 100%
- United States Treasury Note/Bond 2.375% 05/15/2027
Sectors
- Technology38.7%
- Financials12.1%
- Communication9.5%
- Consumer Discretionary9.3%
- Health Care9.3%
- Industrials7.8%
- Consumer Staples4.5%
- Energy3.5%
- Utilities2.0%
- Real Estate1.8%
- Materials1.7%
THTA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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THTA$11,719
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.
| Period | THTA |
|---|---|
| Year to date | +12.1% |
| 1 month | +1.0% |
| 3 months | +3.5% |
| 1 year | +17.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | THTA |
|---|---|---|
| 2026 YTD | +12.1% | |
| 2025 | −10.2% | |
| 2024 | +7.3% | |
| 2023 | +1.0% |
THTA in the news
Category Review
The largest alternatives fund has no one-year record
THTA Dividends
- 10.57%
- $1.67
- $0.13 per share
- Monthly
Distribution history
THTA Risk
- 13.3%
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.
- −0.04
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.
- −31.4%
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.
- 0.19
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
THTA Cost
0.61%
THTA0.61%
- The middle half of Other Index Option Income funds
- Median 0.73%
4 of the 24 Other Index Option Income funds charge less.
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