SoFi Enhanced Yield ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 13 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About THTA
TheFund seeks to achieve its objective by combining a strategy of holding U.S. Treasury Bills and/or U.S. Treasury Bonds, with a“credit spread” option strategy to seek to generate enhanced yield. The Fund’s net asset holdings will generallybe invested as follows: ● 2-5% Cash and cash equivalents (including money market funds and U.S. Treasury Bills) ● 95-100% Treasury securities. ● Up to 90% Credit Spreads (using the Fund’s holdings of Treasury securities as collateral for the Fund’s investments in options). TheFund will invest in a portfolio of U.S. Treasury Bills and/or U.S. Treasury Bonds with a targeted portfolio duration of approximatelyone year and that the Adviser believes will generate annual interest income and capital gains.At the same time, the Fund will purchase (buys) and write (sells) put or call options on the following three major equity indexes:the S&P 500® Index, the NASDAQ 100 Index, and the Russell 2000 Index. This strategy is referred to as a “creditspread” or “vertical credit spread” strategy (described more below) and acts as an overlay on the Fund’sportfolio of U.S. government securities. Forthe Fund’s credit spread strategy, the Fund enters into credit put spreads or credit call spreads based on the Adviser’sreturn versus risk assessment with respect to the broad stock market and the options market. The Adviser manages the Fund usingits High Probability Options Strategy (“HiPOS” or the “Strategy”), by which it seeks to provide risk-adjustedreturns for the Fund that are uncorrelated to both equity and fixed income markets by using an alternative trading strategy, andreducing the need to predict future market movements. For more information about HiPOS, see the section of the Fund’s Prospectustitled “Additional Information About the Funds.” CreditSpread Strategy Overview: The Fund employs a strategy referred to as a “credit spread” or “vertical creditspread.” More specifically, the strategy entails the simultaneous purchase and sale of options of the same type (puts orcalls) with respect to the same index and with the same expiration date, but at different exercise (“strike”) prices.The Fund will pay premiums on options (puts or calls) that it purchases and will receive premiums when writing options (puts orcalls) for a net credit (meaning the premium received is more than what is spent). Toenter into a credit spread, the Fund will sell a put or call (or both) contract and buy a put or call (or both) contract at thesame time. These positions will have the same expiration dates and the same contract amounts. The Fund will enter into the samenumber of contracts for the long and short legs of each spread with the same expiration dates. However, the positions will havedifferent strike prices, which creates a difference in the price of each option (i.e., a “credit”). Themaximum gain for the Fund on any given credit spread is equal to the net premium the Fund receives. The maximum potential lossfor the Fund for any given credit spread is equal to the difference between the strike prices of the options on the same indexmultiplied by the number of contracts or units subject to the option minus net premiums received. OptionsTerminology: In-the-moneyoptions are where the price of the underlying asset is above the strike price for calls and below the strike price for puts. Out-of-the-money(“OTM”) options are where the price of the underlying asset is below the strike price for calls and above the strikeprice for puts. Formore information on credit spreads and additional options terminology, see the section of the Fund’s Prospectus titled “AdditionalInformation About the Fund.” TheFund’s returns will be driven by the interest and capital gains derived from its portfolio of U.S. government securitiesand its credit spread strategy (e.g., by the difference between the premiums received and paid on these options). TheAdviser analyzes market data to decide when and at what levels to place spread trades for the Fund. The Fund’s holdingsmay include bullish, bearish, or neutral credit spreads. Due to the Fund’s design, when appropriate, it can hold neutralpositions that lean both bullish and bearish simultaneously. For more information about the Fund’s positions during bullish,bearish, and neutral stances, see the section of the Fund’s Prospectus titled “Additional Information About theFunds.” TheAdviser constructs a portfolio for the Fund that it believes is not highly dependent on broad stock market fluctuations. Thisis because the Fund uses OTM credit spreads, which can yield positive returns even when an underlying index doesn’t movemuch. The strategy also proves beneficial if, at expiration, the strike price of these credit spreads remains OTM. In a “bullish”stance, the Fund typically sees positive returns unless the stock market value nears or falls below the strike price. Conversely,in a “bearish” stance, it benefits unless the stock market value nears or exceeds the strike price. Alloption positions held by the Fund are exchange-traded and collateralized with cash or cash equivalents (for example, U.S. TreasuryBills, U.S. Treasury Bonds and money market fund shares). TheAdviser seeks to provide returns for the Fund by employing the credit spread strategy to construct a portfolio of options thatthe Adviser considers moderately OTM and which it believes have a high probability of successfully expiring worthless. The Adviserdetermines the Fund’s exposure to each credit spread by first evaluating the risk metrics associated with the relevant position,including the effects of market volatility on equity indexes. The Adviser then calculates potential returns. The Fund will notestablish a credit spread position unless the Adviser concludes that the potential rate of return exceeds the probability of apotential loss. TheAdviser employs proprietary analysis techniques to continually monitor the Fund’s credit spreads for potential exit triggers(e.g., the increased probability of an option being exercised in the money) to ascertain if a buyback of a written option is needed.In addition, if markets move favorably early enough in the lifecycle of a trade, the Adviser may exit one or both sides of therelevant position to secure a gain and redeploy the capital at the next market opportunity. For more information about the Adviser’sanalysis techniques, see the section of the Fund’s prospectus titled “Additional Information about the Funds”. Notwithstandingthe Fund’s investment in options, the Adviser intends to create a risk-defined options portfolio by simultaneously purchasingand selling options of the same type in order to limit the Fund’s exposure to traditional leverage risks associated withinvesting in options. Undernormal market conditions, the Fund will invest at least 90% of its assets in U.S. government securities. In pursuing the creditspread strategy, the Fund will also invest in put and call options on major equity indexes that generally have an exposure ofup to 90% of the Fund’s net assets. For more information about the Fund’s allocation to credit spreads, see the sectionof the Fund’s Prospectus titled “Additional Information about the Funds.” TheFund is “non-diversified” for purposes of the Investment Company Act of 1940, as amended (the “1940 Act”),which means that the Fund may invest in fewer issuers at any one time than a diversified fund.
THTA News
- Understanding Momentum Shifts in (THTA)
- SoFi Announces Monthly Distributions on $THTA (10.00%)
- Avoiding Lag: Real-Time Signals in (THTA) Movement
- Discipline and Rules-Based Execution in THTA Response
- Discipline and Rules-Based Execution in THTA Response
- Behavioral Patterns of THTA and Institutional Flows
- (THTA) Movement Within Algorithmic Entry Frameworks
Data for THTA is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.