# SKHX (Leverage Shares 2X Long SK Hynix Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Oct 21, 2026

Over the three months to Oct 21, 2026, SKHX lost 38.4%, against −35.3% for twice SKHY's daily moves.

## Key facts

- SKHX, what SKHY did: −13.3%, as of Oct 21, 2026.
- SKHX, what 2 times a day gives: −35.3%, as of Oct 21, 2026.
- SKHX, what the fund returned: −38.4%, as of Oct 21, 2026.
- SKHX, gap to 2 times a day: −3.1 pts, as of Oct 21, 2026.
- SKHX, net assets: $73m (issuer page, as of Oct 20, 2026).
- SKHX, expense ratio: 0.75% (497 XBRL, Jul 29, 2026).

## SKHX 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% |
| 3 months | −38.4% | −13.3% | −26.6% | −11.8 pts | 78% |
| Since launch | −57.8% | −26.1% | −52.2% | −5.6 pts | 85% |

## SKHX key stats

- High since Jul 14, 2026, daily closes to Oct 21, 2026: $23.14 on Jul 14, 2026 (computed by ETFIQ from Tiingo daily prices)
- Low since Jul 14, 2026, daily closes to Oct 21, 2026: $8.92 on Oct 16, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 21, 2026, within that range: $9.77, 6% 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 | +2.88804 times, against +2 stated | ETFIQ |
| Underlying | SKHY | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $73m | issuer page, as of Oct 20, 2026 |
| Expense ratio | 0.75% | 497 XBRL, Jul 29, 2026 |
| First traded | Jul 14, 2026 | ETFIQ |
| Underlying volatility over the window | 78% annualized | ETFIQ |

## Money in and out, to Oct 20, 2026

Monthly figures only. Oct 2026: +$9.6m, from ETFIQ, the sum of its days, Oct 19 to Oct 20.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/skhx.json>. Method: https://etfiq.com/methodology/flows

## Questions

### Did SKHX return +2 times SKHY?

Over the three months to Oct 21, 2026, SKHY moved −13.3% and SKHX returned −38.4%. 2 times that move is −26.6%, so the fund came out 11.8 points short of it. That is not its objective, which is daily. Against 2 times each day's move, compounded, it was 3.1 points short.

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

Because it resets daily. SKHX 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, SKHX, leveraged ETFs, data as of Oct 21, 2026. https://etfiq.com/funds/skhx
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/skhx  ·  JSON: https://etfiq.com/funds/skhx.json