Key stats
About Tidal Trust III 2x Daily Software Platform ETF
Home page
Inception date
Jul 1, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
SOFL seeks to deliver 2 the daily return of a software platform stock index by entering into total return swaps on the full index and, when necessary, using listed options or software-focused ETFs to maintain its target leverage. It resets exposure at the end of each trading day, which can lead to returns over time that differ from twice the index due to compounding, volatility, and costs. Collateral for its derivatives typically consists of Treasuries, cash, short-term bonds, or money market instruments. The index itself comprises US and global firms where software platforms are central to their business, chosen from companies earning at least 20% of revenue from software-driven activities, ranked by a composite of quality and market presence, and weighted by float-adjusted market cap with caps and buffers to control turnover. SOFLs daily rebalancing, use of derivatives, and synthetic structure make it a complex, short-term tactical tool rather than a long-term holding.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Cash
Bonds, Cash & Other100.00%
Government91.68%
Cash10.28%
Rights & Warrants−1.96%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SOFL assets under management is 1.02 M USD. It's risen 97.50% over the last month.
SOFL fund flows account for 2.00 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, SOFL doesn't pay dividends to its holders.
SOFL shares are issued by Toroso Investments Topco LLC under the brand AOT. The ETF was launched on Jul 1, 2025, and its management style is Active.
SOFL expense ratio is 1.29% meaning you'd have to pay 1.29% of your investment to help manage the fund.
SOFL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SOFL invests in bonds.
SOFL trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.