{"url":"https://etfiq.com/compare/leverage/sk-vs-skhl","section":"compare","title":"SK vs SKHL: Leverage, Returns & Decay | ETFIQ","description":"SK sets out to return +2 times SKHY each day and SKHL +2 times. Over the three months to Oct 21, 2026 they finished \u221211.3 pts and \u221211.6 pts away.","as_of":"Oct 21, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its daily multiple, SK or SKHL?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 21, 2026, SK finished 11.3 points from what its multiple implies and SKHL finished 11.6 points from its own, so SK came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are SK and SKHL levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on SK hynix, SK at +2 times and SKHL at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SK or SKHL?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SK\u2019s moved at 78% annualized and SKHL\u2019s at 78%, so SK has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SK or SKHL for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day, and daily results compound. Over a year the total is not the multiple times the year\u2019s move; after a fall and recovery it is lower."}},{"@type":"Question","name":"Which is cheaper, SK or SKHL?","acceptedAnswer":{"@type":"Answer","text":"SK charges 0.50% a year and SKHL charges 0.97%, so SK is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"SK vs SKHL","item":"https://etfiq.com/compare/leverage/sk-vs-skhl"}]},{"@type":"WebPage","name":"SK vs SKHL: Leverage, Returns & Decay","description":"SK sets out to return +2 times SKHY each day and SKHL +2 times. Over the three months to Oct 21, 2026 they finished \u221211.3 pts and \u221211.6 pts away.","url":"https://etfiq.com/compare/leverage/sk-vs-skhl","dateModified":"2026-10-21","abstract":"Over the days both have traded, SK finished 3.6 points from its stated multiple and SKHL 3.5.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SK and SKHL","description":"SK sets out to return +2 times SKHY each day and SKHL +2 times. Over the three months to Oct 21, 2026 they finished \u221211.3 pts and \u221211.6 pts away.","dateModified":"2026-10-21","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/sk-vs-skhl","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7408,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Compare ETFs / SK vs SKHL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 21, 2026 .\n\n SK vs SKHL: Leverage, Returns & Decay\n\n Over the days both have traded, SK finished 3.6 points from its stated multiple and SKHL 3.5.\n Copy this for sharing \n \n SK costs 0.47 points a year less.\n SK and SKHL at a glance. As of Oct 21, 2026. Source: ETFIQ. SK SKHL \n Expense ratio 0.50% 0.97% \n Net assets, SK as of Oct 21, 2026 and SKHL as of Oct 19, 2026 $18m $38m \n What it tracks SK hynix Inc. (from its own objective) SK hynix Inc. (from its own objective) \n Holdings in co","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, SK against SKHL, data as of Oct 21, 2026. https://etfiq.com/compare/leverage/sk-vs-skhl","a":{"ticker":"SK","name":"Corgi SK hynix 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-10-21","verdict":"Over the three months to Oct 21, 2026, SK lost 37.9%, against \u221235.3% for twice SKHY's daily moves.","url":"https://etfiq.com/funds/sk","key_facts":[{"label":"What SKHY did","value":"\u221213.3%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What 2 times a day gives","value":"\u221235.3%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What the fund returned","value":"\u221237.9%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to 2 times a day","value":"\u22122.6 pts","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$18m","as_of":"2026-10-21","source":"the issuer\u2019s own daily fund list, as of Oct 21, 2026"},{"label":"Expense ratio","value":"0.50%","as_of":"2026-07-17","source":"497 XBRL, Jul 17, 2026"}]},"b":{"ticker":"SKHL","name":"Direxion Daily SK Hynix Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-10-21","verdict":"Over the three months to Oct 21, 2026, SKHL lost 38.2%, against \u221235.3% for twice SKHY's daily moves.","url":"https://etfiq.com/funds/skhl","key_facts":[{"label":"What SKHY did","value":"\u221213.3%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What 2 times a day gives","value":"\u221235.3%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What the fund returned","value":"\u221238.2%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to 2 times a day","value":"\u22122.8 pts","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Last payment, ex-date Sep 22, 2026","value":"$0.0394","as_of":"2026-09-22","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$38m","as_of":"2026-10-19","source":"issuer page, as of Oct 19, 2026"},{"label":"Expense ratio","value":"0.97%","as_of":"2026-07-10","source":"485BPOS XBRL, Jul 10, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/sk-vs-skhl"}