Hyperwash has a dilution ratio of 1:400 and it doesnt have wax. It is basically to help partially strip any previous wax or sealant layers before you start compounding/polishing the paint.
For me, the meguiars ultimate wash n wax has been a good option. But even with an expensive wash and wax shampoo, you wont get that waxed feeling untill you apply any Wax on the paint surface.