SKHL Direxion Daily SK Hynix Bull 2X ETF
Over the three months to Oct 21, 2026, SKHL lost 38.2%, against −35.3% for twice SKHY's daily moves.
Price since launch, Jul 15, 2026
$6.34+5.0%1 day, priceClose, Oct 21, 2026
Price only. Total return over the same days, distributions reinvested, was −48.1%. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Oct 21, 2026. Updated every trading night. Report a data error
Over the 1 month to Oct 21, 2026, SKHL returned −44.9%, where 2 times that move implies −48.4%. The difference is +3.5 pts. Of that, daily compounding is +4.2 pts and the gap to 2 times each day's move compounded is −0.7 pts.
Over the 3 months to Oct 21, 2026, SKHL returned −38.2%, where 2 times that move implies −26.6%. The difference is −11.6 pts. Of that, daily compounding is −8.8 pts and the gap to 2 times each day's move compounded is −2.8 pts.
From launch to Oct 21, 2026, SKHL returned −48.1%, where 2 times that move implies −37.6%. The difference is −10.5 pts. Of that, daily compounding is −8.0 pts and the gap to 2 times each day's move compounded is −2.5 pts.
How closely it delivered its daily multiple over 3 months, ranked against 508 leveraged ETFs at 2x, over three months. 100 is best. How it is computed
SKHL finished 2.8 points short of what +2 times SKHY’s daily move would have given, compounded through the same days.
| Window | Total return | SKHY | +2x the move | Difference | SKHY moved about, annualized |
|---|---|---|---|---|---|
| 1M Sep 21 – Oct 21, 2026 | −44.9% | −24.2% | −48.4% | +3.5 pts | 55% |
| 3M Jul 22 – Oct 21, 2026 | −38.2% | −13.3% | −26.6% | −11.6 pts | 78% |
| Since launch Jul 15 – Oct 21, 2026 | −48.1% | −18.8% | −37.6% | −10.5 pts | 84% |
Total return at closing prices, 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. Not shown: 6 months, year to date, 1 year and 3 years, which the fund has not been listed long enough to fill (listed Jul 2026); its since-launch row covers all of its record. Source: ETFIQ.
Source: Tiingo end-of-day prices, with distributions reinvested. Data as of Oct 21, 2026. Updated every trading night. Report a data error
Did it keep up with its own daily multiple, compounded day by day, over three months?
That is the share of the 508 leveraged ETFs at 2x, over three months sitting at or below SKHL.
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.
Every fund that sets out to return +2 times SKHY, over the days all of them have been trading. Ranked by how close each came to its own stated multiple.
| Fund | Issuer | Returned | +2x the move | Difference |
|---|---|---|---|---|
| SK | Corgi | −6.5% | −5.8% | −0.7 pts |
| SKUU | GraniteShares | −6.7% | −5.8% | −0.9 pts |
| SKHL | Direxion | −6.8% | −5.8% | −1.0 pts |
| SKHA | Tradr | −7.0% | −5.8% | −1.2 pts |
| SKHU | ProShares | −7.0% | −5.8% | −1.2 pts |
| SKHX | Leverage Shares | −7.0% | −5.8% | −1.2 pts |
| Fund | Issuer | Returned | +2x the move | Difference |
|---|---|---|---|---|
| SK | Corgi | −44.8% | −48.4% | +3.6 pts |
| SKUU | GraniteShares | −44.8% | −48.4% | +3.6 pts |
| SKHL | Direxion | −44.9% | −48.4% | +3.5 pts |
| SKHA | Tradr | −45.1% | −48.4% | +3.3 pts |
| SKHX | Leverage Shares | −45.1% | −48.4% | +3.3 pts |
| SKHU | ProShares | −45.3% | −48.4% | +3.1 pts |
SKHY funds at +2x, to Oct 21, 2026. Source: ETFIQ.
Money in and out
Daily figures · as of Oct 20, 2026SKHL: in the 2 trading days to Oct 20, 2026, net $6.5m came in.
Oct 20, 2026
monthly, from SEC filings
SKHL, net flow each trading day over the 63 sessions from Jul 23, 2026 to Oct 20, 2026: money came in on 2 days and went out on 0 days, of the 2 days with a daily figure; the other 61 have none. Before Oct 19, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
Money in on 2 days, out on 0. Daily figures for 2 of 63 trading days; none for 61.
SKHL, net flow each trading day over the 252 sessions from Oct 20, 2025 to Oct 20, 2026: money came in on 2 days and went out on 0 days, of the 2 days with a daily figure; the other 250 have none. Before Oct 19, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
Money in on 2 days, out on 0. Daily figures for 2 of 252 trading days; none for 250.
SKHL, net flow each trading day over the 400 sessions from Mar 19, 2025 to Oct 20, 2026: money came in on 2 days and went out on 0 days, of the 2 days with a daily figure; the other 398 have none. Before Oct 19, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
Money in on 2 days, out on 0. Daily figures for 2 of 400 trading days; none for 398.
ETFIQ’s daily counts for SKHL start Oct 19, 2026, so the 1 week, 1 month, 3 months, year to date and 1 year windows have no daily figure.
How this is computed
Computed by ETFIQ from Direxion’s daily figures: 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. Figures are net: money in less money out. Every day and month ETFIQ holds for SKHL, back to Jul 2026, is in its flows file. Flows across every fund · How these flows are computed · Compare SKHL with other funds in the flows tool
Every trading day, last 3 months2 days
Most recent first.
Week by week, last year1 week
Net flow into SKHL each week, Oct 19, 2026 to Oct 20, 2026, most recent first, each week named by its last trading day with a figure. Computed by ETFIQ.
Month by month, money in and money outJul 2026 to Oct 2026
SKHL, money in and money out each month from Jul 2026 to Jul 2026: two bars a month, money in above the line and money out below. Every bar is from SKHL’s SEC filings (N-PORT item B.6). Oct 2026 is still in progress, so it is in the list and not drawn. Of the 2 months listed, money came in on net in 2 and went out in 0.
Every bar is from SKHL’s SEC filings (N-PORT item B.6). Of the 2 months listed, money came in on net in 2 and went out in 0.
Most recent first.
How this is computed
N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily figures: 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 figures; 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 Oct 20, 2026. Updated every trading night. Last checked Oct 21, 2026. Report a data error
SKHL key stats
About SKHL
How we measure
Questions people ask about SKHL
- Did SKHL return +2 times SKHY?
- Over the three months to Oct 21, 2026, SKHY moved −13.3% and SKHL returned −38.2%. 2 times that move is −26.6%, so the fund came out 11.6 points short of it. That is not its objective, which is daily. Against 2 times each day's move, compounded, it was 2.8 points short.
- Why does SKHL not return +2 times over a year?
- Because it resets daily. SKHL 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.
ETFIQ links to the documents behind every figure; a link is not an endorsement.
Cite this pageCitation, APA and Markdown
ETFIQ, SKHL, leveraged ETFs, data as of Oct 21, 2026. https://etfiq.com/funds/skhl
ETFIQ. (Oct 21, 2026). SKHL, leveraged ETFs. Retrieved from https://etfiq.com/funds/skhl
[SKHL, leveraged ETFs (ETFIQ, Oct 21, 2026)](https://etfiq.com/funds/skhl)
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<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/skhl"><img src="https://etfiq.com/assistant/api/embed/leverage/skhl.svg" alt="SKHL: SKHL returned −38.2% while 2 times SKHY's move would have been −26.6%. Figures from Jul 22, 2026 to Oct 21, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">SKHL: SKHL returned −38.2% while 2 times SKHY's move would have been −26.6%. Figures from Jul 22, 2026 to Oct 21, 2026. Data: <a href="https://etfiq.com/funds/skhl">ETFIQ</a></figcaption>
</figure>Four ranked ETF lists in one email every Friday morning. The last note