(SOFX) Defiance Daily Target 2X - NASDAQ
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 75m USD | Total Return: -32.6% in 12m
Avg Turnover: 16.7M
Warnings
Fakeout
Tailwinds
No distinct edge detected
Defiance Daily Target 2X Long SOFI ETF (SOFX) is an actively managed, non-diversified ETF that seeks to deliver twice (200%) the daily percentage change in the share price of SoFi Technologies, the underlying security. To achieve this leveraged exposure, the fund uses derivatives, primarily swap agreements and listed options contracts. Launched on January 15, 2025, with a micro-cap size of approximately $75 million, SOFX falls within the Trading--Leveraged Equity category.
Leveraged ETFs of this type are designed for short-term trading rather than long-term holding, as compounding effects can cause returns to diverge from the stated multiple over periods longer than a single trading day. The underlying company, SoFi Technologies, operates as a digital financial services platform offering lending, banking, and investing products through a mobile-first application, which provides the equity base that SOFX seeks to magnify on a daily basis.
- SOFI stock volatility drives 2x leveraged daily returns
- Interest rate cuts boost SOFI lending margins
- Fintech regulation impacts SOFI banking and crypto operations
As of June 26, 2026, the stock is trading at USD 9.61 with a total of 959,459 shares traded. Over the past week, the price has changed by -1.94%, over one month by +11.48%, over three months by -6.43% and over the past year by -32.55%.
Current recommended Stop Loss: 8.10 (which is 15.7% or 1.4 ATR below the current price).
Defiance Daily Target 2X has no consensus analysts rating.