# SKHA (Tradr 2X Long SK Hynix Daily ETF)

Tradr · Leveraged ETFs · data as of Oct 21, 2026

Over the month to Oct 21, 2026, SKHA lost 45.1%, against −44.3% for twice SKHY's daily moves.

## Key facts

- SKHA, what SKHY did: −24.2%, as of Oct 21, 2026.
- SKHA, what 2 times a day gives: −44.3%, as of Oct 21, 2026.
- SKHA, what the fund returned: −45.1%, as of Oct 21, 2026.
- SKHA, gap to 2 times a day: −0.8 pts, as of Oct 21, 2026.
- SKHA, net assets: $530,569 (the issuer’s own daily fund list, as of Oct 21, 2026).
- SKHA, expense ratio: 1.49% (485BPOS XBRL, Jul 24, 2026).

## SKHA over each window to Oct 21, 2026

| Window | Total return | SKHY | +2x the move | Difference | SKHY moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| 1 month | −45.1% | −24.2% | −48.4% | +3.3 pts | 55% |
| Since launch | +4.3% | +10.1% | +20.2% | −15.9 pts | 74% |

## SKHA key stats

- High since Jul 28, 2026, daily closes to Oct 21, 2026: $43.62 on Sep 9, 2026 (computed by ETFIQ from Tiingo daily prices)
- Low since Jul 28, 2026, daily closes to Oct 21, 2026: $19.46 on Jul 29, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 21, 2026, within that range: $21.24, 7% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of SKHY, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.86599 times, against +2 stated | ETFIQ |
| Underlying | SKHY | ETFIQ |
| Segment | sector or country, index | ETFIQ |
| Net assets | $530,569 | the issuer’s own daily fund list, as of Oct 21, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, Jul 24, 2026 |
| First traded | Jul 28, 2026 | ETFIQ |
| Underlying volatility over the window | 55% annualized | ETFIQ |

## Questions

### Did SKHA return +2 times SKHY?

Over the month to Oct 21, 2026, SKHY moved −24.2% and SKHA returned −45.1%. 2 times that move is −48.4%, so the fund came out 3.3 points ahead of it. That is not its objective, which is daily. Against 2 times each day's move, compounded, it was 0.8 points short.

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

Because it resets daily. SKHA 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?

6 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.


## Cite this page

ETFIQ, SKHA, leveraged ETFs, data as of Oct 21, 2026. https://etfiq.com/funds/skha
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/skha  ·  JSON: https://etfiq.com/funds/skha.json