- Issuer
- SoFi
- Inception Date
- Nov 14, 2023
- Region
- North America (U.S.)
- Category
- Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $35M
Share Price Chart
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Performance
THTA Performance Chart
SoFi Enhanced Yield ETF (THTA) is up 6.6% since the beginning of the year. THTA is currently trading at $16 per share.
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Returns By Period
SoFi Enhanced Yield ETF (THTA) has returned 6.64% so far this year and 16.02% over the past 12 months.
SoFi Enhanced Yield ETF
- 1D
- -0.23%
- 1M
- 0.42%
- YTD
- 6.64%
- 6M
- 7.86%
- 1Y
- 16.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- -0.21%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 23.05%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
THTA Monthly Returns History
Based on dividend-adjusted daily data since Nov 15, 2023, THTA's average daily return is +0.02%, while the average monthly return is +0.20%. At this rate, an investment would double in approximately 28.9 years.
Historically, 91% of months were positive and 9% were negative. The best month was Nov 2024 with a return of +2.7%, while the worst month was Apr 2025 at -20.1%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 2 months.
On a daily basis, THTA closed higher 59% of trading days. The best single day was Apr 7, 2025 with a return of +7.6%, while the worst single day was Apr 4, 2025 at -25.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.24% | 1.50% | 1.30% | 1.89% | 0.52% | 0.03% | 6.64% | ||||||
| 2025 | 1.16% | 0.51% | -0.48% | -20.06% | 1.74% | 1.55% | 0.61% | 1.20% | 1.79% | 0.58% | 1.67% | 1.35% | -10.24% |
| 2024 | 0.55% | 1.09% | 1.40% | 1.30% | 0.71% | 1.22% | 1.42% | -5.67% | 1.29% | 0.16% | 2.73% | 1.12% | 7.31% |
| 2023 | 0.35% | 0.68% | 1.04% |
Benchmark Metrics
SoFi Enhanced Yield ETF has an annualized alpha of -9.37%, beta of 0.66, and R2 of 0.25 versus S&P 500 Index. Calculated based on daily prices since November 16, 2023.
- This ETF participated in 66.75% of S&P 500 Index downside but only 22.34% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.66 may look defensive, but with R2 of 0.25 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.25 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -9.37%
- Beta
- 0.66
- R²
- 0.25
- Upside Capture
- 22.34%
- Downside Capture
- 66.75%
Expense Ratio
THTA has an expense ratio of 0.49%, placing it in the medium range.
Return for Risk
Risk / Return Rank
THTA ranks 94 for risk / return — in the top 94% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SoFi Enhanced Yield ETF (THTA) and compare them to S&P 500 Index.
| THTA | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.73 | 1.36 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 6.27 | 2.69 | +3.58 |
| Martin ratioReturn relative to average drawdown | 51.07 | 12.34 | +38.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
SoFi Enhanced Yield ETF provided a 11.29% dividend yield over the last twelve months, with an annual payout of $1.75 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $1.75 | $1.93 | $2.38 | $0.12 |
Dividend yield | 11.29% | 12.66% | 12.44% | 0.58% |
Monthly Dividends
The table displays the monthly dividend distributions for SoFi Enhanced Yield ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.15 | $0.15 | $0.13 | $0.13 | $0.13 | $0.00 | $0.69 | ||||||
| 2025 | $0.19 | $0.19 | $0.18 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $1.93 |
| 2024 | $0.17 | $0.18 | $0.22 | $0.22 | $0.23 | $0.22 | $0.22 | $0.20 | $0.14 | $0.19 | $0.19 | $0.19 | $2.38 |
| 2023 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SoFi Enhanced Yield ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SoFi Enhanced Yield ETF was 31.41%, occurring on Apr 4, 2025. The portfolio has not yet recovered.
The current SoFi Enhanced Yield ETF drawdown is 6.98%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -31.41%Apr 2025 | 11d | — | 1y 2moMar 2025 - now |
2024 correction2024 | -11.94%Aug 2024 | 4d | 5mo 20d | 5mo 24dAug 2024 - Jan 2025 |
2025 selloff2025 | -4.82%Mar 2025 | 12d | 6d | 18dFeb 2025 - Mar 2025 |
2024 pullback2024 | -1.42%Apr 2024 | 3d | 3d | 6dApr 2024 - Apr 2024 |
2024 pullback2024 | -1.19%Jul 2024 | 2d | 4d | 6dJul 2024 - Jul 2024 |
Drawdown Indicators
| THTA | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.41% | -56.78% | +25.37% |
Max Drawdown (1Y)Largest decline over 1 year | -2.64% | -9.10% | +6.46% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -6.98% | -2.97% | -4.01% |
Average DrawdownAverage peak-to-trough decline | -7.51% | -10.72% | +3.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.32% | 1.97% | -1.65% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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