HYNX T-REX 2X Long SKHY Daily Target ETF
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Fund card
<iframe src="https://etfiq.com/embed/fund/hynx/" title="ETFIQ HYNX analysis" width="100%" height="420" loading="lazy" style="border:0;max-width:600px"></iframe>
<p>Data: <a href="https://etfiq.com/funds/hynx">ETFIQ HYNX analysis</a></p>Daily flows
<iframe src="https://etfiq.com/embed/flows-strip/hynx/" title="ETFIQ HYNX fund flows" width="100%" height="340" loading="lazy" style="border:0;max-width:600px"></iframe>
<p>Data: <a href="https://etfiq.com/funds/hynx">ETFIQ HYNX fund flows</a></p>Over the three months to Nov 12, 2026, HYNX lost 42.6%, against −40.5% for twice SKHY's daily moves.
- Total return since launch
- −63.9%SKHY −29.0% to Nov 12, 2026
- Expense ratio
- 1.25%a year
- Net assets
- $26mon Nov 11, 2026
- Net flow, latest day
- $0daily basis to Nov 11, 2026
Did what it promises: PartlyOver three months to Nov 12, 2026, HYNX finished 2.1 points behind twice SKHY's daily moves, compounded.
HYNX vs SKHY, since Jul 2026
Total return, distributions reinvested, Jul 14, 2026 to Nov 11, 2026.
HYNX risk and return scorecard
vs SKHY · Jul 24, 2026 to Nov 6, 2026 · 15 weekly returns · dividend-adjusted
15 weekly returns: annualized numbers and ratios need 52.
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data
Money in and out
What you earned
At HYNX’s 1.25% a year, taken each year from the amount after growth. Hypothetical.
One way: half its 30-day median bid-ask spread; from $100,000, plus ETFIQ’s estimate of price impact, as of Nov 11, 2026. A round trip buys and later sells the same size. Hypothetical. Trading page
Did it deliver its multiple?
10 committee seats read HYNX on data as of Nov 12, 2026: 0 Supports, 1 Mixed, 4 Challenges, 5 without enough data.
- Bogle
- Graham
- Buffett & Munger
- Lynch
- Templeton
- Dalio
- Marks
- Druckenmiller
- Swensen
- Wood
- Livermore
- Skeptic
12 seats on HYNX, as of Nov 12, 2026: 1 Mixed, 4 Challenges, 5 Not enough data, 2 Does not apply.
Risk Officer
Risk check
What to look at before you hold HYNX. Not advice.
As of Nov 13, 2026, HYNX crossed 2 of 6 ETFIQ risk lines.
Lines and sources: Method. Check several funds at once on My Portfolio.
More on HYNX
Every number below is on this page. Open what you need.Price since launch, Jul 14, 2026
$14.00−6.4%1 day, priceClose, Nov 12, 2026
Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Nov 12, 2026. Updated every trading night. Report a data error
| Window | Total return | SKHY | +2x the move | Difference | SKHY moved about, annualized |
|---|---|---|---|---|---|
| 1M Oct 13 – Nov 12, 2026 | −30.5% | −12.3% | −24.6% | −5.9 pts | 97% |
| 3M Aug 13 – Nov 12, 2026 | −42.6% | −16.9% | −33.8% | −8.8 pts | 75% |
| Since launch Jul 14 – Nov 12, 2026 | −63.9% | −29.0% | −58.0% | −5.9 pts | 89% |
Total returns, distributions reinvested. +2x the move is +2 times the window's move. That is not the fund's objective, which is +2 times each day's move. Listed Jul 2026: no 6 months, year to date, 1 year and 3 years windows.
Source: Tiingo end-of-day prices, with distributions reinvested.
Over the 1 month to Nov 12, 2026, HYNX returned −30.5%, where 2 times that move implies −24.6%. The difference is −5.9 pts. Of that, daily compounding is −4.9 pts and the gap to 2 times each day's move compounded is −1.0 pts.
Over the 3 months to Nov 12, 2026, HYNX returned −42.6%, where 2 times that move implies −33.8%. The difference is −8.8 pts. Of that, daily compounding is −6.7 pts and the gap to 2 times each day's move compounded is −2.1 pts.
From launch to Nov 12, 2026, HYNX returned −63.9%, where 2 times that move implies −58.0%. The difference is −5.9 pts. Of that, daily compounding is −3.8 pts and the gap to 2 times each day's move compounded is −2.1 pts.
How closely it delivered its daily multiple over 3 months, ranked against 498 leveraged ETFs at 2x, over three months. 100 is best. How it is computed
HYNX finished 2.1 points short of what +2 times SKHY’s daily move would have given, compounded through the same days.
Money in and out
Daily data · as of Nov 11, 2026HYNX: in the 3 trading days to Nov 11, 2026, nothing net moved.
Nov 11, 2026
HYNX, net flow each trading day over the 65 sessions from Aug 12, 2026 to Nov 11, 2026: money came in on 0 days and went out on 0 days, of the 3 days with daily data; the other 62 have none. Before Nov 9, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
No money in or out. 62 days missing.
HYNX, net flow each trading day over the 251 sessions from Nov 12, 2025 to Nov 11, 2026: money came in on 0 days and went out on 0 days, of the 3 days with daily data; the other 248 have none. Before Nov 9, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
No money in or out. 248 days missing.
HYNX, net flow each trading day over the 400 sessions from Apr 10, 2025 to Nov 11, 2026: money came in on 0 days and went out on 0 days, of the 3 days with daily data; the other 397 have none. Before Nov 9, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
No money in or out. 397 days missing.
Daily data starts Nov 9, 2026.
How this is computed
Computed by ETFIQ from T-REX’s daily data: each day’s change in shares outstanding times the previous day’s net asset value. Percentages are of net assets at the start of each window. Numbers are net: money in less money out. Every day and month ETFIQ holds for HYNX, back to Nov 2026, is in its flows file. Flows across every fund · How these flows are computed · Compare HYNX with other funds in the flows tool
Every trading day, last 3 months3 days
Most recent first.
Week by week, last year1 week
Net flow into HYNX each week, Nov 9, 2026 to Nov 11, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.
Month by month, money in and money outNov 2026
HYNX, net flow each month from Nov 2026 to Nov 2026: money came in in 0 months and went out in 0 months.
Most recent first.
How this is computed
Months summed from daily data: money in adds the days money came in; money out adds the days it went out.
N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.
Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Nov 11, 2026. Last checked Nov 13, 2026.
HYNX key stats
Trading
as of Nov 11, 2026
HYNX for holders outside the US
Did it keep up with its own daily multiple, compounded day by day, over three months?
That is the share of the 498 leveraged ETFs at 2x, over three months sitting at or below HYNX.
Three months only, against the fund's own daily multiple; a different quarter can rank it very differently. Where the fund sits in this set, not a rating. Do not average it with another category's score.
About HYNX
How we measure
Questions people ask about HYNX
- Did HYNX return +2 times SKHY?
- Over the three months to Nov 12, 2026, SKHY moved −16.9% and HYNX returned −42.6%. 2 times that move is −33.8%, so the fund came out 8.8 points short of it. That is not its objective, which is daily. Against 2 times each day's move, compounded, it was 2.1 points short.
- Why does HYNX not return +2 times over a year?
- Because it resets daily. HYNX aims at +2 times each day's move, and daily results compound. If the underlying falls and recovers, a holder ends up behind +2 times the period move; in a steady run in one direction, possibly ahead. The longer the holding and the more the underlying swings, the wider the gap.
- Which +2x SKHY ETF came closest to its daily multiple?
- 7 issuers sell one. The table on this page ranks them by how far each finished from 2 times the underlying's move, over the days all of them have traded.
Links are sources, not endorsements.
Cite this pageCitation, APA and Markdown
ETFIQ, HYNX, leveraged ETFs, data as of Nov 12, 2026. https://etfiq.com/funds/hynx
ETFIQ. (Nov 12, 2026). HYNX, leveraged ETFs. Retrieved from https://etfiq.com/funds/hynx
[HYNX, leveraged ETFs (ETFIQ, Nov 12, 2026)](https://etfiq.com/funds/hynx)
The label bar for HYNX, redrawn every trading night.
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
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<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/leverage/hynx/" title="HYNX: HYNX returned −42.6% while 2 times SKHY's move would have been −33.8%. Data from Aug 13, 2026 to Nov 12, 2026." width="640" height="334" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">HYNX: HYNX returned −42.6% while 2 times SKHY's move would have been −33.8%. Data from Aug 13, 2026 to Nov 12, 2026. Data: <a href="https://etfiq.com/funds/hynx">ETFIQ</a></figcaption>
</figure>The day's ETF flows, a comparison and one number. Every trading morning. About the Daily
Snapshot, Nov 12, 2026. More on the tabs above.