SOFX
Defiance Daily Target 2X Long SOFI ETF
Defiance Daily Target 2X Long SOFI ETF seeks to provide investors with daily investment results that correspond to twice the performance of the daily price movements of the SoFi Select 500 Index.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
$ 51.8 M
ASSETS UNDER MGMT
129 bp
EXPENSES
Fund Basics
| Inception date | Jan 15, 2025 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| SOFI TECHNOLOGIES - L -CANTOR | 34.2 % |
| SOFI TECHNOLOGIES, INC.-SWAP-MSCS-L | 28.8 % |
| SOFI TECHNOLOGIES SWAP JNST-L | 28.1 % |
| SOFI TECH SWAP MAREX-L | 28.1 % |
| SOFI TECHNOLOGIES SWAP CS-L | 27.3 % |
| UNITED STATES TREASURY BILL 05/21/2026 | 23.8 % |
| SOFI TECHNOLOGIES SWAP NBC-L | 19.7 % |
| SOFI NOMURA | 19.7 % |
| SOFI TECHNOLOGIES INC SWAP BMO | 14.1 % |
| CASH & OTHER | -123.8 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -68.4% | -12.0% | -- | -- | -- | -- | -- | -50.4% |
| Dividend Yield | 0.0% | 0.0% | -- | -- | -- | -- | -- | 0.0% |
| Total Returns | -68.4% | -12.0% | -- | -- | -- | -- | -- | -50.4% | Ann. Volatility | 110.2% | 110.8% | -- | -- | -- | -- | -- | 124.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 5.18 | 34% |
| MSCI EAFE | 2.71 | 13% |
| MSCI Emg Mkts | 2.25 | 14% |
Liquidity Measures
| Avg. volume (000) | 1,411 |
| ADV traded (mns) | $11 |
| Turnover | 21.8% |
| Avg. Bid/Ask (% of price) | 0.20% |
Technical Indicators
| 30d moving avg. (EMA) | $10.78 |
| Relative strength (RSI) | 38 |
| MACD/Signal | -0.81/-0.52 |
| Bollinger Bands (Upper/Lower) | $14.98/$7.24 |
| Short interest (% of AUM) | 36.3% |
Distributions