Defiance Daily Target 2X Long SOUN ETF (SOUX) Sharpe Ratio: -0.52

SOUX's Sharpe Ratio of -0.52 indicates that for each unit of volatility, it generates -0.52 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 25, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

SOUX Sharpe Ratio Rank

Concerning

SOUX ranks above 5.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Weak risk-adjusted returns relative to category peers
Evaluate whether this holding aligns with your risk-return objectives
Consider reducing exposure or re-evaluating position size
Review higher-ranked alternatives in the same category

SOUX Sharpe Ratio Market Positioning

The chart shows SOUX's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.82 or lower
Yellow zone (middle 50%): 0.82 to 2.07
Green zone (top 25%): 2.07 or higher
Top 1%: 6.89+
Median: 1.50 — half of all investments score higher

How it compares to other similar ETFs

The table compares Defiance Daily Target 2X Long SOUN ETF's Sharpe Ratio with other ETFs in the Leveraged Equities category across multiple time periods, showing how SOUX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 25, 2026.

Symbol	Name	1Y Sharpe Ratio
MULL	GraniteShares 2x Long MU Daily ETF	22.76
INTW	GraniteShares 2x Long INTC Daily ETF	11.55
SOXL	Direxion Daily Semiconductor Bull 3X ETF	7.45
DLLL	GraniteShares 2x Long DELL Daily ETF	5.81
KORU	Direxion Daily South Korea Bull 3X Shares	5.55
AMUU	Direxion Daily AMD Bull 2X Shares	5.46
AMDL	GraniteShares 2x Long AMD Daily ETF	5.43
AMDG	Leverage Shares 2X Long AMD Daily ETF	5.34
GGLL	Direxion Daily GOOGL Bull 2X Shares	4.40
LABU	Direxion Daily S&P Biotech Bull 3x Shares	4.15
SOUX	Defiance Daily Target 2X Long SOUN ETF	-0.52

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

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Historical Sharpe Ratio

The chart shows SOUX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SOUX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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