Direxion Daily SOFI Bull 2X ETF (SOFA) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SOFA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SOFA
SOFA charges 0.97% annually. There are 176 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | SOFA vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | SOFA vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | SOFA vs SPUU | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | 33.68M | Jan 2025 | SOFA vs AMDG | |
| Leverage Shares 2X Long IREN Daily ETF | 0.75% | 19.24M | Dec 2025 | SOFA vs IREG |
Best Risk-Adjusted Alternatives to SOFA
Among 234 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | SOFA vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | SOFA vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | SOFA vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | SOFA vs XTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | 97 | 22.99B | Mar 2010 | SOFA vs SOXL |
Top Performing SOFA Alternatives (YTD)
Among 382 ETFs in the Leveraged Equities category with YTD return data, the top-performing alternatives shown here go as high as 932.29%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MRVL Daily ETF | 932.29% | 568.50M | Mar 2025 | SOFA vs MVLL | |
| Leverage Shares 2X Long ARM Daily ETF | 841.05% | 75.08M | Jan 2025 | SOFA vs ARMG | |
| Direxion Daily MU Bull 2X Shares | 798.37% | 3.44B | Oct 2024 | SOFA vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 774.91% | 1.11B | Nov 2024 | SOFA vs MULL | |
| GraniteShares 2x Long DELL Daily ETF | 758.72% | 101.08M | Feb 2025 | SOFA vs DLLL |
Lowest Volatility Alternatives to SOFA
SOFA has 107.88% 1-year volatility. There are 276 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.68% | 22.62M | Apr 2021 | SOFA vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | SOFA vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.42% | 13.32M | Jul 2021 | SOFA vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 9.99% | 22.12M | Jul 2021 | SOFA vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.54% | 68.42M | Apr 2021 | SOFA vs XDSQ |
Lowest Drawdown Alternatives to SOFA
Among 236 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | SOFA vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | SOFA vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | SOFA vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | SOFA vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | SOFA vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SPXL, TMF, TECL and span 6 categories. AUM among these funds goes as high as $6B.
Often Compared With SOFA
Investors most often compare SOFA with UUUG, SNAG, ORLG. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare SOFA with Any Fund or Stock
Compare SOFA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SOFA with funds that move differently
Direxion Daily SOFI Bull 2X ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SOFA.
Explore SOFA Diversifiers