Frequently Asked Questions About SOFL

What does SOFL invest in?

The fund is an actively managed ETF that attempts to achieve, before fees and expenses, two times (200%) the daily percentage change in the performance of the index by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified.

What is the expense ratio of SOFL?

2x Daily Software Platform ETF (SOFL) charges an expense ratio of 0.00%. This is the annual fee deducted from fund assets to cover management and operations.

Is SOFL a good long-term hold?

SOFL is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does SOFL's daily reset work?

SOFL rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is SOFL?

2x Daily Software Platform ETF (SOFL) manages $0 in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SOFL actively managed or an index fund?

SOFL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

SOFL (2x Daily Software Platform ETF) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

SOFL

2x Daily Software Platform ETF

AMEX·Investment, Banking & Investment Services · Financial Services

$22.84$0.11+0.48%

Market closed·Oct 6 8:10 PM UTC

Price Chart

$22.84+$0.11 (+0.48%)today

+13.57%CAGR +12.80%

Select date range

FromTo

Jul 2, 2025Jul 2, 2025 → Jul 23, 2026· 1.1 yrsJul 23, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

Frequency—

Most Recent—

Ex-Dividend Date—

Payment Date—

DiversificationDiversification Tab

Holdings3

Top 10 Weight100.7%

Top 25 Weight100.7%

Effective Holdings1

Sectors—

Largest Holding912797RE9 · 83.3%

Largest Sector—

Asset ClassEquity

StrategyLeveraged

Cost & RiskExpenses Tab

Expense Ratio0.00%

Cost per 10k Invested$0.00

AUM$0.00

Avg Daily Volume3.51K

Price$22.84

NAV$0.00

Premium / Discount—

52-Week Range$19.68 – $23.45

Beta0.00

Fund Overview

Cost Verdict

Is SOFL's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: —
Asset Class: Equity
Strategy: Leveraged
Inception: July 2, 2025
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US45259A3730
CUSIP

Peers

Peers Tab

CRCO

YieldMax CRCL Option Income Strategy ETF

Cap

$358.8K

QMID

WisdomTree U.S. MidCap Quality Growth Fund

Cap

$1.5M

Latest News

News Tab

Frequently Asked Questions About SOFL

What does SOFL invest in?: The fund is an actively managed ETF that attempts to achieve, before fees and expenses, two times (200%) the daily percentage change in the performance of the index by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified.
What is the expense ratio of SOFL?: 2x Daily Software Platform ETF (SOFL) charges an expense ratio of 0.00%. This is the annual fee deducted from fund assets to cover management and operations.
Is SOFL a good long-term hold?: SOFL is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does SOFL's daily reset work?: SOFL rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is SOFL?: 2x Daily Software Platform ETF (SOFL) manages $0 in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
Is SOFL actively managed or an index fund?: SOFL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

2x Daily Software Platform ETF

Frequently Asked Questions About SOFL

2x Daily Software Platform ETF

Price Chart

Key Metrics

Fund Overview

Peers

Latest News