A side-by-side comparison of Direxion Daily SOFI Bull 2X ETF (SOFA) and Daily TSLA Bull 2X ETF (TSLL) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | SOFA | TSLL |
|---|---|---|
| YTD Return | -26.86% | -19.57%✓ |
| 1-Day Change | -1.94% | +0.98%✓ |
| 1-Week Change | -2.15% | +15.58%✓ |
| 1-Month Change | -26.87% | +12.68%✓ |
| Current Price | $10.45 | $10.31 |
| AUM | $8M | $4.09B✓ |
| MER (Expense Ratio) | — | 0.96% |
| Dividend Yield | — | 4.04% |
| Distribution Frequency | — | — |
| Inception Date | 2026-02-10 | 2022-08-08 |
| Holdings Count | 1 | 1 |
| MorningStar Rating | — | — |
| Category | Trading--Leveraged Equity | Trading--Leveraged Equity |
| Beta | 0.00 | 3.68 |
| 52-Week High | $23.64 | $23.10 |
| 52-Week Low | $9.94 | $6.65 |
| 50-Day MA | $13.31 | $8.98 |
| 200-Day MA | $14.78 | $13.22 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | SOFA | TSLL |
|---|---|---|
| YTD | -26.86% | -19.57%✓ |
| 1 Year | — | -48.67% |
| 3 Year | — | -10.15% |
| 5 Year | — | — |
| 10 Year | — | — |
| 1Y Volatility | — | 75.85% |
| Sharpe Ratio (3Y) | — | 0.31 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | SOFI | SoFi Technologies Inc. | 8.21% |
| 1 | TSLA | Tesla Inc | 5.40% |
Sector Weights
| Sector | SOFA | TSLL |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 100.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 100.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About SOFA
The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of SOFI and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to SOFI, consistent with the fund"s investment objective. The fund is non-diversified.
About TSLL
The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of TSLA and financial instruments, such as swap agreements and options, that provide leveraged exposure to TSLA. The fund is non-diversified.
Which ETF is Right for You?
Both SOFA and TSLL are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, TSLL scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between SOFA and TSLL?
SOFA (Direxion Daily SOFI Bull 2X ETF) and TSLL (Daily TSLA Bull 2X ETF) are both Canadian-listed ETFs. Key differences include their AUM ($8M vs $4.09B), dividend yield (N/A vs 4.04%), and year-to-date performance (-26.86% vs -19.57%).
Is SOFA better than TSLL?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy SOFA and TSLL on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both SOFA and TSLL should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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