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Whether viewed as a buy or sell opportunity, one name in the fintech sector that draws trader attention is SoFi Technologies (SOFI). For traders looking at SoFi's recent price weakness as a buying opportunity, the Direxion Daily SOFI Bull 2X ETF (SOFA) offers a high-octane solution to amplify a bullish conviction.
Last week, shares of SoFi Technologies (SOFI) – once a fintech darling – slipped 4.44. That added to a year-to-date loss now north of 35%.
Once beloved fintech SoFi Technologies (SOFI) is in a tailspin, having shed nearly a third of its value since the start of 2026. The slide perplexes some devotees of the stock, particularly when considering the strength of the company's recent financial results.
As markets move deeper into the first quarter of 2026, ongoing market uncertainty underscores the need for precision trading tools. Direxion, a pioneer in the leveraged and inverse ETF arena, continues to meet this demand with the launch of four new single-stock ETFs with 2x leverage.
SEC filings for SOFA aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.