---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43059908.md"
description: "$SNDK 2X Long ETF(SNXX.US) The underlying stock is still red, but the 2x version is already green? What kind of move is this?"
datetime: "2026-07-30T02:36:35.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43059908.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43059908.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43059908.md)
author: "[东成西就1128](https://longbridge.com/en/profiles/18827397.md)"
---

# $SNDK 2X Long ETF(SNXX.US) The underlying stock is…


### Related Stocks

- [SNXX.US](https://longbridge.com/en/quote/SNXX.US.md)

## Comments (2)

- **xiao liu · 2026-07-30T02:55:50.000Z**: It drops 3x when falling, but doesn't rise as much as the underlying stock when rising; the decay is too severe.
  - **东成西就1128** (2026-07-30T08:03:38.000Z): I can't stand the daily slaughter anymore.