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THTA

GradeBNew York Stock Exchange Arca

SoFi Enhanced Yield ETF

Option Income · SoFi · Inception 2023-11-15

$15.65−0.04 (−0.25%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Nov 15, 2023.
Intraday session: down, 60 prints from 15.69 to 15.65. Range 15.62 to 15.70. Use the arrow keys to read each point.$15.62$15.64$15.68$15.7010 AM12 PM2 PM4 PM
Expense ratio
0.61%
Fund size
$61M
1Y return
+15.9%
Yield · Last 12 months
10.62%
Volume · 30D
0.1M sh
NAV per share
$15.62
52W range
low $14.60high $16.07

The ETF.net THTA Grade

B

66/ 100

Rank 5 of 24 in Other Index Option Income

Confidence Medium

Six-pillar profile for THTA. Scores out of 100: Cost 83, Risk 58, Mission not scored, Tradability 48, Holdings not scored, Durability 54. Strongest: Cost (83). Weakest: Tradability (48). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 66 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 83
    Category rank5/24 · top 21%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 58
    Category rank12/23 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 48
    Category rank11/24 · top 46%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 54
    Category rank15/24 · mid-pack

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on THTA

ETF.net Research

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.

Stated mandate

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

  1. 01At 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.
  2. 02Defined 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
  3. 03Pays monthly against a declared annualized distribution-rate target, funded by Treasury interest plus option premium rather than stock dividends.sofi.com
  4. 04Collateral 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

  1. 01The 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
  2. 02A 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.
  3. 03Returns 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

As of Sep 20, 2026, 4:34 AM
Asset class
Other
Holdings
Top-10 weight
110%
Largest holding
United States Treasury Note/Bond 2.375% 05/15/202719.9%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001United States Treasury Note/Bond 2.375% 05/15/202719.94%12,385,000$12M55
002United States Treasury Bill 02/18/202719.41%12,107,000$12M63
003United States Treasury Bill 10/15/202618.71%11,506,000$11M53
004United States Treasury Bill 12/10/202618.15%11,232,000$11M57
005United States Treasury Bill 07/08/202718.06%11,463,000$11M58
006SPXW US 10/16/26 P66009.42%10,900$6M1
007First American Government Obligations Fund 12/01/20313.34%2,046,102$2M27
008Cash & Other3.09%1,896,042$2M674

Showing 1–8 of 8 holdings

THTA Performance

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

THTA$11,594
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. THTA $11,594. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 THTA. Periods over one year show the average yearly return.
PeriodTHTA
Year to date+11.5%
1 month+1.4%
3 months+3.6%
1 year+15.9%
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 THTA
YearReturn barTHTA
2026 YTD+11.5%
2025−10.2%
2024+7.3%
2023+1.0%

Since listing, Nov 15, 2023

THTA in the news

ETF.net Research hasn’t filed on THTA yet — coverage lands here as it’s written.

THTA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
10.62%Last 12 months
Payout per share
$1.67Last 12 months
Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 35 payments from 2023 to 2026 YTD. Dec 15, 2023 $0.12; Jan 17, 2024 $0.17; Feb 15, 2024 $0.18; Mar 15, 2024 $0.02; Mar 28, 2024 $0.20; Apr 16, 2024 $0.22; May 15, 2024 $0.23; Jun 17, 2024 $0.22; Jul 16, 2024 $0.22; Aug 15, 2024 $0.20; Sep 17, 2024 $0.14; Oct 15, 2024 $0.19; Nov 15, 2024 $0.19; Dec 17, 2024 $0.19; Jan 17, 2025 $0.19; Feb 18, 2025 $0.19; Mar 17, 2025 $0.18; Apr 15, 2025 $0.15; May 15, 2025 $0.15; Jun 17, 2025 $0.15; Jul 15, 2025 $0.15; Aug 15, 2025 $0.15; Sep 16, 2025 $0.15; Oct 15, 2025 $0.15; Nov 17, 2025 $0.15; Dec 16, 2025 $0.15; Jan 16, 2026 $0.15; Feb 12, 2026 $0.15; Mar 16, 2026 $0.13; Apr 16, 2026 $0.13; May 14, 2026 $0.13; Jun 15, 2026 $0.13; Jul 15, 2026 $0.13; Aug 17, 2026 $0.13; Sep 15, 2026 $0.13. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 15, 2026Sep 16, 2026$0.13
Aug 17, 2026Aug 18, 2026$0.13
Jul 15, 2026Jul 16, 2026$0.13
Jun 15, 2026Jun 16, 2026$0.13
May 14, 2026May 15, 2026$0.13
Apr 16, 2026Apr 17, 2026$0.13
Mar 16, 2026Mar 17, 2026$0.13
Feb 12, 2026Feb 13, 2026$0.15
Jan 16, 2026Jan 20, 2026$0.15
Dec 16, 2025Dec 17, 2025$0.15
Nov 17, 2025Nov 18, 2025$0.15
Oct 15, 2025Oct 16, 2025$0.15

THTA Risk

How much the fund’s monthly returns vary, scaled to a year.
13.5%
Annualised · 33 months to Aug 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.
−0.06
vs 3-month T-bills · 33 months to Aug 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.
−31.4%
34 months · trough Apr 2025
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.
0.19
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.

THTA Cost

Expense ratio0.61%
  • The middle half of Other Index Option Income funds
  • Median 0.74%

4 of the 23 Other Index Option Income funds charge less.

THTA costs $61.00 a year on $10,000. The median Other Index Option Income fund costs $74.00.