{"url":"https://etfiq.com/compare/leverage/hynx-vs-skhz","section":"compare","title":"HYNX vs SKHZ: Leverage, Returns & Decay | ETFIQ","description":"HYNX sets out to return +2 times SKHY each day and SKHZ -1 times. Over the three months to Nov 12, 2026 they finished \u22128.8 pts and \u221212.5 pts away.","as_of":"Nov 12, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its daily multiple, HYNX or SKHZ?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Nov 12, 2026, HYNX finished 8.8 points from what its multiple implies and SKHZ finished 12.5 points from its own, so HYNX came closer. Neither number predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are HYNX and SKHZ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on SK hynix, HYNX at +2 times and SKHZ at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, HYNX or SKHZ?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window HYNX\u2019s moved at 75% annualized and SKHZ\u2019s at 75%, so HYNX has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold HYNX or SKHZ for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day, and daily results compound. Over a year the total is not the multiple times the year\u2019s move; after a fall and recovery it is lower."}},{"@type":"Question","name":"Which is cheaper, HYNX or SKHZ?","acceptedAnswer":{"@type":"Answer","text":"HYNX charges 1.25% a year and SKHZ charges 0.75%, so SKHZ is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"HYNX vs SKHZ","item":"https://etfiq.com/compare/leverage/hynx-vs-skhz"}]},{"@type":"WebPage","name":"HYNX vs SKHZ: Leverage, Returns & Decay","description":"HYNX sets out to return +2 times SKHY each day and SKHZ -1 times. Over the three months to Nov 12, 2026 they finished \u22128.8 pts and \u221212.5 pts away.","url":"https://etfiq.com/compare/leverage/hynx-vs-skhz","dateModified":"2026-11-12","abstract":"Over three months to Nov 12, 2026, against its daily multiple, compounded, HYNX finished 2.1 points short and SKHZ 0.2 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of HYNX and SKHZ","description":"HYNX sets out to return +2 times SKHY each day and SKHZ -1 times. Over the three months to Nov 12, 2026 they finished \u22128.8 pts and \u221212.5 pts away.","dateModified":"2026-11-12","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/hynx-vs-skhz","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7860,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Compare ETFs / HYNX vs SKHZ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 12, 2026 .\n\n HYNX vs SKHZ: Leverage, Returns & Decay\n\n Over three months to Nov 12, 2026, against its daily multiple, compounded, HYNX finished 2.1 points short and SKHZ 0.2 points over.\n Copy this for sharing \n \n SKHZ costs 0.50 points a year less; HYNX is 5.8 times larger.\n HYNX and SKHZ at a glance. As of Nov 12, 2026. Source: ETFIQ. HYNX SKHZ \n Expense ratio 1.25% 0.75% \n Net assets, as of Nov 11, 2026 $26m $4.5m \n What it tracks SK HYNIX SK Hynix \n Holdings in common not publish","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, HYNX against SKHZ, data as of Nov 12, 2026. https://etfiq.com/compare/leverage/hynx-vs-skhz","a":{"ticker":"HYNX","name":"T-REX 2X Long SKHY Daily Target ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-11-12","verdict":"Over the three months to Nov 12, 2026, HYNX lost 42.6%, against \u221240.5% for twice SKHY's daily moves.","url":"https://etfiq.com/funds/hynx","key_facts":[{"label":"What SKHY did","value":"\u221216.9%","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What 2 times a day gives","value":"\u221240.5%","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What the fund returned","value":"\u221242.6%","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to 2 times a day","value":"\u22122.1 pts","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$26m","as_of":"2026-11-11","source":"issuer page, as of Nov 11, 2026"},{"label":"Expense ratio","value":"1.25%","as_of":"2026-07-08","source":"497 XBRL, Jul 8, 2026"}]},"b":{"ticker":"SKHZ","name":"Leverage Shares 1X Short SK Hynix Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-11-12","verdict":"Over the three months to Nov 12, 2026, SKHZ returned 4.4%, against 4.2% for the inverse of SKHY's daily moves.","url":"https://etfiq.com/funds/skhz","key_facts":[{"label":"What SKHY did","value":"\u221216.9%","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What \u22121 times a day gives","value":"+4.2%","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What the fund returned","value":"+4.4%","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to \u22121 times a day","value":"+0.2 pts","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$4.5m","as_of":"2026-11-11","source":"issuer page, as of Nov 11, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-07-29","source":"497 XBRL, Jul 29, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/hynx-vs-skhz"}