SOFA ETF — Direxion Daily SOFI Bull 2X ETF

Direxion Daily SOFI Bull 2X ETF (SOFA)

Updated October 16, 2026.

SOFA is an ETF linked to SoFi Technologies (SOFI). its distribution rate is 2.56%, its trailing-12-month yield is 1.81%, its expense ratio is 0.97%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is -62.4% over the past 0.7 years, 33.2 points behind SOFI at -29.2%.

Direxion Daily SOFI Bull 2X ETF is a leveraged ETF that seeks to deliver twice the daily performance of SoFi Technologies (SOFI) by investing at least eighty percent of its net assets in SOFI securities and related financial instruments such as swaps and options. The fund carries a modest expense ratio of 0.97% and currently distributes at a moderate rate with a small asset base. This fund appeals to active traders and experienced investors seeking amplified short-term exposure to SoFi, though the leveraged structure makes it suitable for tactical positions rather than buy-and-hold investing.

SOFA performance versus SOFI

Price and return data through 2026-10-16.

Total return is -62.4% over the past 0.7 years, 33.2 points behind SOFI at -29.2%.

SOFA key facts

Distribution Safety Score™

50 · Unproven

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

02/10/2026

Expense ratio

0.97%

Distribution rate

2.56%

Distribution frequency

Quarterly

Trailing yield

1.81%

Last close

$8.75 (as of 2026-10-16)

AUM

$8,378,581

Average volume

94522.0

Dividend

$0.056

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

4.4863

How Dividend Vision calculates yield and returns

Distribution rate (2.56%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.81%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: SoFi Technologies (SOFI); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SOFA risks and drawbacks

SOFA's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SOFI over the available window.

Who may consider SOFA — and who may not

SOFA may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (SOFA pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SOFI total return. This is educational context, not a recommendation to buy or sell.

More on SOFA

• All tickers starting with S

Tagged: Leverage.

Frequently asked questions

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