With soy protein isolate you'll have the least effect from soy isoflavones.
With a whole soy powder featuring "Soy Isoflavones!" on the label, you have a different situation.
Eating a whole soy product, like soymilk, may maximize the effect. With careful laboratory analysis, you might even have a measurable effect. . . but probably not. More likely, you'll merely have a mild depression in incidence of certain ailments over a span of many years.