# HIMZ (Defiance Daily Target 2X Long HIMS ETF)

Defiance · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: HIMZ returned −21.6% where its own daily promise gave −14.3%, 7.3 points short.

## Key facts

- HIMZ, what HIMS did: +2.6%, as of Sep 11, 2026.
- HIMZ, what +2 times a day gives: −14.3%, as of Sep 11, 2026.
- HIMZ, what the fund returned: −21.6%, as of Sep 11, 2026.
- HIMZ, the fund itself cost: −7.3 pts, as of Sep 11, 2026.
- HIMZ, net assets: $164m (source, as filed for Apr 30, 2026).
- HIMZ, expense ratio: 1.33% (485BPOS XBRL, Aug 26, 2026).

## HIMZ over each window to Sep 11, 2026

| Window | Fund | HIMS | +2x the move | Difference | HIMS moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −22.5% | −8.2% | −16.4% | −6.1 pts | 79% |
| 3 months | −21.6% | +2.6% | +5.1% | −26.7 pts | 90% |
| 6 months | −30.1% | +11.1% | +22.1% | −52.2 pts | 89% |
| 1 year | −91.0% | −46.9% | −93.7% | +2.7 pts | 93% |
| Since launch | −89.6% | −12.8% | −25.6% | −64.0 pts | 98% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of HIMS, reset daily | ETFIQ |
| Multiple a holder actually got over the window | HIMS moved +2.6% over this window, too little to read a multiple from | ETFIQ |
| Underlying | HIMS | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $164m | source, as filed for Apr 30, 2026 |
| Expense ratio | 1.33% | 485BPOS XBRL, Aug 26, 2026 |
| Launched | Mar 13, 2025 | ETFIQ |
| Underlying volatility over the window | 90% annualized | ETFIQ |

## Questions

### Did HIMZ return +2 times HIMS?

Over the window to Sep 11, 2026, HIMS moved +2.6% and HIMZ returned −21.6%. 2 times that move is +5.1%, so the fund came out 26.7 points short of it.

### Why does HIMZ not return +2 times over a year?

Because it resets daily. HIMZ aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x HIMS ETF tracked its stated multiple most closely?

2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, HIMZ, data as of Sep 11, 2026. https://etfiq.com/funds/HIMZ
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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