SOFA:NASDAQDirexion Daily SOFI Bull 2X ETF Analysis
Data as of 2026-09-01 - not real-time
$13.82
Latest Price
8/10Risk
Risk Level: High
Executive Summary
Direxion Daily SOFI Bull 2X ETF is priced at $13.82, and its moving averages give no clean directional read — the structure is neutral. It has gained 3.6% over the past 30 days. RSI sits at 46.6, which reads as neutral, and MACD momentum is bearish. Price has been bracketed by support at $13.35 and resistance at $16.51.
The 0.97% expense ratio is middling for its category, and the fund manages $8.1M in assets.
Risk comes out at 8 of a possible 10, a high reading. With 30-day volatility of 124.0%, a beta of 4.60 and a maximum drawdown of 55.5%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Short, medium and long-term reads agree on hold, with conviction of 2/10.
The 0.97% expense ratio is middling for its category, and the fund manages $8.1M in assets.
Risk comes out at 8 of a possible 10, a high reading. With 30-day volatility of 124.0%, a beta of 4.60 and a maximum drawdown of 55.5%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Short, medium and long-term reads agree on hold, with conviction of 2/10.
Top Market Events
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Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 3/10
Key Factors
- Trading below the 200-day average of 15.20
- MACD momentum is negative
- 30-day volatility of 124.0%
Medium Term
1–3 yearsNeutral
Model confidence: 3/10
Key Factors
- Trading below the 200-day average of 15.20
- 30-day volatility of 124.0%
- MACD momentum is negative
Long Term
> 3 yearsNeutral
Model confidence: 2/10
Key Factors
- 30-day volatility of 124.0%
- Beta of 4.60 versus the benchmark
- Thin trading liquidity raises execution risk
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.97%
AUM$8.1M
Inception Date2026-02-10
Avg Daily Volume54,390
Premium/Discount0.00%
Tracking Error0.00%
Technical Analysis
TrendNeutral
RSI46.6
Support$13.35
Resistance$16.51
MA 20$14.79
MA 50$14.42
MA 200$15.20
MACDBearish
VolumeIncreasing
Fear & Greed Index93.05
Risk Assessment
Beta4.60
Volatility123.99%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.