Elevation Series ETF (SOVF) Performance
SOVF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.6% since Dec 31, 2025
- 1 year
- +9.0% total return
- 3 years
- +10.7% a year
- Since first price
- +9.9% a year since 2023
SOVF trailing returns vs SPY, QQQ, AGG
| Period | SOVF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.6% | +6.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +8.9% | +8.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +12.2% | +12.2% | +7.8% | +8.4% | −1.5% |
| YTD | +10.6% | +10.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.0% | +8.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +35.5%+10.7%/yr | +33.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionOct 3, 2023 | +33.6%+9.9%/yr | +31.9% | — | — | — |
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: SOVF vs SPY
From Oct 3, 2023: SOVF grew to $13,357, SPY to $18,692.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SOVF returns by calendar year
1 of 2 full years positive. Best 2024 (+8.7%), worst 2025 (−4.4%). 2026 is year to date.
SOVF annual returns table
| Year | SOVF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.6% | −13.8% | +12.3% | +15.1% | −1.0% |
| 2025 | −4.4% | −20.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +8.7% | −8.5% | +24.9% | +25.6% | +1.3% |
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.
SOVF largest drawdowns
Now 2.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 2, 2024 | −21.7% | Apr 8, 2025 | not yet | 4 months | 1.9 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SOVF risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +7.9% |
| Volatility (annualized) | 17.3% |
| Sharpe ratio | 0.27 |
| Sortino ratio | 0.42 |
| Best month | +10.2% |
| Worst month | −7.2% |
| Best 12 months | +26.8% |
| Worst 12 months | −13.8% |
| Positive months | 49% |
| 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.
SOVF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 25 | −13.8% | +1.1% | +26.8% | 60% |
| 3-year (a year) | 1 | +10.6% | +10.6% | +10.6% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
SOVF performance overview
Elevation Series ETF (SOVF) returned +9.0% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +9.9% a year, turning $10,000 into about $13,357. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −21.7%, from Dec 2, 2024 to Apr 8, 2025; the fund has not yet regained that high. Volatility has been 17.3% a year.
Related: SOVF chart, SOVF holdings, SOVF dividends, SOVF valuation. See the SOVF overview for the latest quote and fund facts.
SOVF performance FAQ
What is the SOVF return over the past year?
SOVF returned +9.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.2%.
How much would $10,000 invested in SOVF be worth?
$10,000 invested in SOVF at its first recorded close on October 3, 2023 would be worth about $13,357 on October 23, 2026 with distributions reinvested.
What was the worst year for SOVF?
The worst calendar year was 2025, with a total return of −4.4%. The best was 2024 at +8.7%.
What is the biggest drawdown of SOVF?
The largest peak-to-trough decline was −21.7% between December 2, 2024 and April 8, 2025. It has not yet recovered to that high; it is 2.7% below its peak.
How volatile is SOVF?
Over the past history SOVF had an annualized volatility of 17.3% and a Sharpe ratio of 0.27 (excess return over 1–3 month T-bills per unit of risk).