SOFX
Defiance Daily Target 2X Long SOFI ETF
Distribution Rate *
Distribution Frequency
30-Day SEC Yield **
SOFX, Daily Target 2X Long SOFI ETF
The Defiance Daily Target 2X Long SOFI ETF (the “Fund”) seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of SoFi Technologies, Inc. (Nasdaq: SOFI) (the “Underlying Security” or “SOFI”). Because the Fund seeks daily leveraged investment results, it is very different from most other exchange-traded funds. It is also riskier than alternatives that do not use leverage. There is no guarantee that the Fund will meet its stated objective. The fund should not be expected to provide 200X times the cumulative return of SOFI for periods greater than a day.
Underlying Security: SoFi Technologies, Inc. (“SOFI”)
SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money. SOFI is listed on Nasdaq. Per SOFI’s most recent Form 10-K filing, the aggregate market value of the voting and non-voting common equity of SOFI held by non-affiliates as of June 30, 2023 was $7.4 billion.
The Fund may not achieve investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the underlying security, and may return substantially less during such periods. During such periods, the Fund’s actual leverage levels may differ substantially from its intended target, both intraday and at the close of trading, potentially resulting in significantly lower returns.
Fund Details
Data as of 02/07/2025SOFXMarket Price
Performance
YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
---|---|---|---|---|---|
Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 0.30% |
Total Return NAV (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 0.19% |
1 Year | 3 Years | 5 Years | Since Inception | |
---|---|---|---|---|
Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
Top Holdings
Name | Symbol | Stock price | % Net assets | Shares Held | Market Value |
---|---|---|---|---|---|
Sofi Technologies Swap – Marex | 83406F102-TRS-02/16/26-L | $14.91 | 188.61% | 1,010,949 | $15,073,250 |
First American Government Obligations Fund 12/01/2031 | FGXXX | $100.00 | 19.43% | 1,552,541 | $1,552,541 |
Sofi Technologies Inc | SOFI | $14.91 | 5.98% | 32,070 | $478,164 |
Sofi Technologies – L -cantor | 83406F102-TRS-03/06/26-L | $14.91 | 5.60% | 30,000 | $447,300 |
Cash & Other | Cash&Other | $1.00 | -119.61% | -9,559,364 | $-9,559,364 |
Distributions
Declaration Date | Ex-Div Date | Record Date | Payable Date | Amount ($) | |
---|---|---|---|---|---|
— | — | — | — | $– |
Distribution Rate *
As of — |
-% |
Distribution Frequency | Monthly |
30-Day SEC Yield ** As of — |
-% |