Defiance Daily Target 2X Long SOFI ETF (SOFX) Performance
SOFX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −79.6% since Dec 31, 2025
- 1 year
- −84.4% total return
- Since first price
- −70.5% since 2025
SOFX trailing returns vs SPY, QQQ, AGG
| Period | SOFX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −25.2% | −25.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −32.7% | −32.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −52.1% | −52.1% | +7.8% | +8.4% | −1.5% |
| YTD | −79.6% | −79.6% | +12.3% | +15.1% | −1.0% |
| 1 year | −84.4% | −86.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 16, 2025 | −70.5% | −73.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SOFX vs SPY
From Jan 16, 2025: SOFX grew to $2,948, SPY to $13,097.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SOFX returns by calendar year
2026 is year to date.
SOFX annual returns table
| Year | SOFX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −79.6% | −84.2% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SOFX largest drawdowns
Now 87.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 28, 2025 | −88.1% | Oct 14, 2026 | not yet | 12 months | 12 months so far |
| Jan 23, 2025 | −76.7% | Apr 8, 2025 | Jul 10, 2025 | 2 months | 6 months |
| Sep 22, 2025 | −29.1% | Oct 3, 2025 | Oct 28, 2025 | 11 days | 36 days |
| Aug 18, 2025 | −13.9% | Aug 20, 2025 | Aug 22, 2025 | 2 days | 4 days |
| Aug 25, 2025 | −13.0% | Sep 3, 2025 | Sep 12, 2025 | 9 days | 18 days |
| Jul 31, 2025 | −12.1% | Aug 1, 2025 | Aug 12, 2025 | 1 days | 12 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SOFX risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −43.5% |
| Volatility (annualized) | 104.9% |
| Sharpe ratio | -0.11 |
| Sortino ratio | -0.18 |
| Best month | +80.5% |
| Worst month | −41.9% |
| Best 12 months | +16.0% |
| Worst 12 months | −80.0% |
| Positive months | 45% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SOFX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 10 | −85.8% | −30.3% | +16.0% | 30% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
SOFX performance overview
Defiance Daily Target 2X Long SOFI ETF (SOFX) returned −84.4% over the past year, with distributions reinvested. Since its first recorded price on Jan 16, 2025 it has returned −70.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −88.1%, from Oct 28, 2025 to Oct 14, 2026; the fund has not yet regained that high. Volatility has been 104.9% a year.
Related: SOFX chart, SOFX dividends. See the SOFX overview for the latest quote and fund facts.
SOFX performance FAQ
What is the SOFX return over the past year?
SOFX returned −84.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 86.0%.
How much would $10,000 invested in SOFX be worth?
$10,000 invested in SOFX at its first recorded close on January 16, 2025 would be worth about $2,948 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of SOFX?
The largest peak-to-trough decline was −88.1% between October 28, 2025 and October 14, 2026. It has not yet recovered to that high; it is 87.6% below its peak.
How volatile is SOFX?
Over the past history SOFX had an annualized volatility of 104.9% and a Sharpe ratio of -0.11 (excess return over 1–3 month T-bills per unit of risk).