Skip to main content
SOUX logo

Daily Target 2X Long SOUN ETF (SOUX) Fund Overview

Educational signal · not a buy or sell recommendation · How to read this

$7.90 +$0.153 (+1.97%)
Vol: 114.5K|
Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

Daily Target 2X Long SOUN ETF (SOUX) trades at $7.90. The Daily Target 2X Long SOUN ETF (SOUX) is a leveraged exchange-traded fund designed to magnify the daily performance of SoundHound AI, Inc. (SOUN). Sector: Financials.

Price as of · Last analyzed: Mar 17, 2026
The Daily Target 2X Long SOUN ETF (SOUX) is a leveraged exchange-traded fund designed to magnify the daily performance of SoundHound AI, Inc. (SOUN). It aims to provide twice the daily percentage change in SOUN's share price through the use of financial derivatives.

Analyst Coverage for SOUX: SOUX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the SOUX film Every key number, told as a short cinematic story — just press play. ~2 min

Daily Target 2X Long SOUN ETF (SOUX) Financial Services Profile

IPO Year2025

Daily Target 2X Long SOUN ETF (SOUX) offers investors a leveraged exposure to SoundHound AI (SOUN), seeking to double SOUN's daily percentage price movements. This single-stock ETF utilizes derivatives, presenting a high-risk, high-reward profile within the asset management sector, tailored for sophisticated investors with a short-term focus.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 17, 2026

What Is the Investment Thesis for SOUX?

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

The Daily Target 2X Long SOUN ETF (SOUX) presents a highly speculative investment opportunity tied directly to the performance of SoundHound AI (SOUN). The ETF's value proposition hinges on SOUN's short-term price movements, amplified by a 2x leverage factor. A key value driver is SOUN's ability to secure new contracts and partnerships, which can drive positive price action. However, the leveraged nature of SOUX introduces significant risk, as daily losses are also magnified. The ETF is designed for short-term trading strategies, and its performance can deviate significantly from a simple 2x multiple of SOUN's cumulative return over longer periods due to compounding effects. The success of SOUX depends heavily on SOUN's ability to maintain positive momentum and avoid significant price declines. Investors should carefully consider their risk tolerance and time horizon before investing in SOUX.

Based on FMP financials and quantitative analysis

SOUX Key Highlights

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

SOUX aims to deliver 2x the daily percentage change in the share price of SoundHound AI, Inc. (SOUN).

  • The ETF utilizes derivatives, such as swap agreements, to achieve its leveraged exposure.
  • SOUX is designed for short-term trading strategies and is not intended for long-term holdings.
  • The fund's performance is highly dependent on the daily price fluctuations of SOUN.
  • SOUX presents a high-risk, high-reward investment profile due to its leveraged nature.

Who Are SOUX's Competitors?

SOUX is benchmarked below against 5 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
CDEI Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF $95.70 +0.74% $32.5M —
GK AdvisorShares Gerber Kawasaki ETF $29.43 0.00% $33.2M —
HIBS Direxion Daily S&P 500 High Beta Bear 3X ETF $15.09 -3.36% $16.2M —
IWMW iShares Russell 2000 BuyWrite ETF $37.85 +0.02% $26.3M —
LFEQ VanEck Long/Flat Trend ETF $61.70 0.00% $29.3M —

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are SOUX's Key Strengths?

Leveraged exposure to a potentially high-growth stock (SOUN).

  • Provides a tool for short-term trading strategies.
  • Relatively easy access through major exchanges.
  • Transparent structure with daily rebalancing.

What Are SOUX's Weaknesses?

High risk due to the leveraged nature.

  • Performance is highly dependent on a single stock (SOUN).
  • Not suitable for long-term investment.
  • Potential for significant losses due to compounding effects.

What Are the Key Risks for SOUX?

Significant price decline in SoundHound AI (SOUN) could lead to substantial losses.

  • The leveraged nature of SOUX amplifies both gains and losses.
  • Regulatory changes impacting leveraged ETFs could affect the fund's structure and performance.
  • Economic downturn could negatively impact investor sentiment and drive down the price of SOUN.

What Are SOUX's Competitive Advantages?

  • First-mover advantage in offering a leveraged ETF on SoundHound AI (SOUN).
  • Established relationships with derivative counterparties.
  • Brand recognition among short-term traders and leveraged ETF enthusiasts.

What Does SOUX Do?

The Daily Target 2X Long SOUN ETF (SOUX) is a specialized financial product designed for investors seeking amplified daily exposure to SoundHound AI, Inc. (SOUN). Unlike traditional ETFs that hold a diversified basket of stocks, SOUX focuses exclusively on delivering twice the daily percentage change in SOUN's share price. This is achieved through the use of financial derivatives, primarily swap agreements, which allow the fund to synthetically replicate the leveraged return. SOUX was created to cater to investors with a short-term trading strategy who aim to capitalize on the daily price fluctuations of SOUN. The fund's performance is directly tied to the daily movements of SOUN, making it a high-risk, high-reward investment vehicle. Due to the leveraged nature, SOUX is not intended for long-term holdings, as the compounding effect of daily returns can significantly deviate from the simple 2x multiple of SOUN's cumulative performance over extended periods. The ETF is managed by a team of financial professionals who monitor the derivative positions and adjust them to maintain the desired leverage ratio. SOUX is available for trading on major exchanges, providing easy access for investors looking to express a short-term bullish view on SoundHound AI.

What Products and Services Does SOUX Offer?

  • Offers a leveraged investment product tied to SoundHound AI (SOUN).
  • Aims to deliver twice the daily percentage change in SOUN's stock price.
  • Utilizes financial derivatives, primarily swap agreements, to achieve leverage.
  • Provides short-term trading opportunities for investors.
  • Allows investors to express a bullish view on SOUN with amplified returns.
  • Manages derivative positions to maintain the desired leverage ratio.

How Does SOUX Make Money?

  • Generates revenue through management fees charged to investors.
  • May earn income from the interest rate differential on swap agreements.
  • Profits from trading activities related to maintaining the ETF's leverage.

What Industry Does SOUX Operate In?

The leveraged ETF market is a niche segment within the broader asset management industry, catering to sophisticated investors seeking to amplify returns through the use of financial derivatives. These ETFs typically target specific sectors, industries, or even individual stocks, offering a concentrated and leveraged exposure. The competitive landscape includes a variety of providers offering similar leveraged products, with differentiation based on the underlying asset, leverage ratio, and expense ratio. The growth of this market is driven by investor demand for short-term trading tools and the potential for outsized returns, but it also carries significant risks due to the amplified volatility and potential for rapid losses.

Who Are SOUX's Key Customers?

  • Short-term traders seeking to capitalize on daily price movements.
  • Sophisticated investors with a high-risk tolerance.
  • Investors who want leveraged exposure to SoundHound AI (SOUN).
  • Day traders looking for amplified returns.
Model self-rating on this text: 83% (not a measure of the evidence) Updated: Mar 17, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● Price is current
  • ● No filing on record
  • ● No analyst coverage
  • ● This is an etf, not an operating company

SOUX Financials

Bull Case vs Bear Case

Bull Case

  • Leveraged exposure to a potentially high-growth stock (SOUN).
  • Provides a tool for short-term trading strategies.
  • Relatively easy access through major exchanges.
  • Transparent structure with daily rebalancing.

Bear Case

  • High risk due to the leveraged nature.
  • Performance is highly dependent on a single stock (SOUN).
  • Not suitable for long-term investment.
  • Potential for significant losses due to compounding effects.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

SOUX Latest News

No recent news available for SOUX.

SOUX Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for SOUX.

Price Targets

Wall Street price target analysis for SOUX.

SOUX MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for SOUX; grades run from A+ (80-100) to F (below 30).

What Investors Ask About Daily Target 2X Long SOUN ETF (SOUX) — Financials

What does Daily Target 2X Long SOUN ETF do?

The Daily Target 2X Long SOUN ETF (SOUX) is a leveraged exchange-traded fund designed to deliver twice the daily percentage change in the share price of SoundHound AI, Inc. (SOUN). It uses financial derivatives, such as swap agreements, to achieve this 2x leverage.

What are the main risks for SOUX?

The primary risk associated with SOUX is its leveraged nature, which amplifies both gains and losses. A significant price decline in SoundHound AI (SOUN) could lead to substantial losses for SOUX investors.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • The analysis is based on publicly available information and may be subject to change.
  • The leveraged nature of SOUX introduces significant risk, and investors should carefully consider their risk tolerance before investing.
  • The performance of SOUX is highly dependent on the performance of SoundHound AI (SOUN).
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis