Defiance Daily Target 2X Long SOFI ETF (SOFX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
6.23 USD
+0.66
(11.849%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 8:18 a.m. EDT
The most critical signal here is the structural nature of this instrument: it is a leveraged daily ETF (2x long) tracking a single stock. The data reveals a catastrophic failure of the compounding mechanism over the trailing period. The price has collapsed from a 52-week high of $55.48 to the current range of roughly $7.00, representing a loss of nearly 87% in less than a year. This is not merely a 'bear market'; it is a structural implosion where the leverage has amplified the underlying stock's decline into a total erasure of capital for long-term holders. The 'dividend' yield of 51.92% is a mathematical artifact of the price collapse, not a sustainable income stream. With only one dividend payment recorded in the last five years ($3.60), the yield is inflated by the denominator (price) shrinking to near zero. Relying on this yield is a fatal error; the payout ratio is unsustainable given the lack of recurring distributions. Short-term momentum is severely broken. The asset is trading well below its 50-day and 200-day averages, indicating a prolonged downtrend. The options market confirms this pessimism, with traders buying deep out-of-the-money puts to hedge against further declines, while call activity is minimal. The statistical forecast model, which already shows low reliability, leans slightly negative (-1.34%), but this is irrelevant against the backdrop of the asset's 87% drawdown. There is no 'value' here to be found. A leveraged ETF that has lost 87% of its value in a year is not a bargain; it is a vehicle that has failed its primary function of tracking performance. The long-term rating remains neutral because the compounding decay is irreversible without a massive, sustained recovery in the underlying stock, which the current price action does not support. Avoid this instrument entirely. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.100590 |
| AutoARIMA | 0.101360 |
| AutoETS | 0.101361 |
| MSTL | 0.103532 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 0.52 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.289 |
| Excess Kurtosis | -0.74 |
| Attribute | Value |
|---|---|
| Trailing P/E | 9.30 |
As of Oct. 10, 2026, 8:18 a.m. EDT: Speculators are overwhelmingly positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 13, 15, 21, 24) compared to negligible call volume. While there is some volume in near-term calls, the heavy put concentration suggests a fear of a significant drop rather than a belief in a rally.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 3.598 | 12.271487 |
| Attribute | Value |
|---|---|
| All Time High | 55.479 |
| All Time Low | 5.14 |
| Ask | 10.0 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 1,623,790 |
| Average Daily Volume3 Month | 1,316,996 |
| Average Volume | 1,316,996 |
| Average Volume10Days | 1,623,790 |
| Beta3 Year | 0.0 |
| Bid | 7.59 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 6.28 |
| Day Low | 5.32 |
| Display Name | Daily Target 2X Long SOFI ETF |
| Dividend Yield | 51.92 |
| Eps Trailing Twelve Months | 0.66985095 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.59142 |
| Fifty Day Average Change | -2.3614202 |
| Fifty Day Average Change Percent | -0.27485794 |
| Fifty Two Week Change Percent | -85.23721 |
| Fifty Two Week High | 55.479 |
| Fifty Two Week High Change | -49.249 |
| Fifty Two Week High Change Percent | -0.88770527 |
| Fifty Two Week Low | 5.32 |
| Fifty Two Week Low Change | 0.90999985 |
| Fifty Two Week Low Change Percent | 0.17105259 |
| Fifty Two Week Range | 5.32 - 55.479 |
| First Trade Date Milliseconds | 1,737,037,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.11000013 |
| Fullday Change Percent | 1.7656522 |
| Fullday Price | 6.34 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,736,899,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-01-16 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long SOFI ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1906029774 |
| Nav Price | 5.5787 |
| Net Assets | 54,546,260.0 |
| Net Expense Ratio | 1.33 |
| Open | 5.34 |
| Pre Market Change | 0.11000013 |
| Pre Market Change Percent | 1.7656522 |
| Pre Market Price | 6.34 |
| Pre Market Time | 1,792,139,230 |
| Previous Close | 5.57 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.66 |
| Regular Market Change Percent | 11.8492 |
| Regular Market Day High | 6.28 |
| Regular Market Day Low | 5.32 |
| Regular Market Day Range | 5.32 - 6.28 |
| Regular Market Open | 5.34 |
| Regular Market Previous Close | 5.57 |
| Regular Market Price | 6.23 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 1,753,852 |
| Short Name | Defiance Daily Target 2X Long S |
| Source Interval | 15 |
| Symbol | SOFX |
| Total Assets | 54,546,260 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 9.300576 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -32.55911 |
| Trailing Three Month Returns | -32.55911 |
| Triggerable | 1 |
| Two Hundred Day Average | 12.362475 |
| Two Hundred Day Average Change | -6.1324754 |
| Two Hundred Day Average Change Percent | -0.49605563 |
| Type Disp | ETF |
| Volume | 1,753,852 |
| Yield | 0.51919997 |
| Ytd Return | -75.64867 |