{"url":"https://etfiq.com/compare/leverage/skdd-vs-skhn","section":"compare","title":"SKDD vs SKHN: Leverage, Returns & Decay | ETFIQ","description":"SKDD sets out to return -2 times SKHY each day and SKHN -2 times. Over the month to Oct 21, 2026 they finished +10.8 pts and +10.7 pts away.","as_of":"Oct 21, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its daily multiple, SKDD or SKHN?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 21, 2026, SKDD finished 44.6 points from what its multiple implies and SKHN finished 10.7 points from its own, so SKHN came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are SKDD and SKHN levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on SK hynix, SKDD at -2 times and SKHN at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SKDD or SKHN?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SKDD\u2019s moved at 78% annualized and SKHN\u2019s at 55%, so SKDD has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SKDD or SKHN 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, SKDD or SKHN?","acceptedAnswer":{"@type":"Answer","text":"SKDD charges 2.20% a year and SKHN charges 1.49%, so SKHN 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":"SKDD vs SKHN","item":"https://etfiq.com/compare/leverage/skdd-vs-skhn"}]},{"@type":"WebPage","name":"SKDD vs SKHN: Leverage, Returns & Decay","description":"SKDD sets out to return -2 times SKHY each day and SKHN -2 times. Over the month to Oct 21, 2026 they finished +10.8 pts and +10.7 pts away.","url":"https://etfiq.com/compare/leverage/skdd-vs-skhn","dateModified":"2026-10-21","abstract":"Over the days both have traded, SKDD finished 10.8 points from its stated multiple and SKHN 10.7.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SKDD and SKHN","description":"SKDD sets out to return -2 times SKHY each day and SKHN -2 times. Over the month to Oct 21, 2026 they finished +10.8 pts and +10.7 pts away.","dateModified":"2026-10-21","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/skdd-vs-skhn","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":7172,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Compare ETFs / SKDD vs SKHN \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 21, 2026 .\n\n SKDD vs SKHN: Leverage, Returns & Decay\n\n Over the days both have traded, SKDD finished 10.8 points from its stated multiple and SKHN 10.7.\n Copy this for sharing \n \n SKHN costs 0.71 points a year less; SKDD is far larger, $15m against $728,651.\n SKDD and SKHN at a glance. As of Oct 21, 2026. Source: ETFIQ. SKDD SKHN \n Expense ratio 2.20% 1.49% \n Net assets $15m $728,651 \n What it tracks SKHY (from its own objective) SK Hynix \n Holdings in common not published \n \n Net as","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, SKDD against SKHN, data as of Oct 21, 2026. https://etfiq.com/compare/leverage/skdd-vs-skhn","a":{"ticker":"SKDD","name":"GraniteShares 2x Short SK Hynix Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-10-21","verdict":"Over the three months to Oct 21, 2026, SKDD lost 18.0%, against \u221217.5% for twice the inverse of SKHY's daily moves.","url":"https://etfiq.com/funds/skdd","key_facts":[{"label":"What SKHY did","value":"\u221213.3%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What \u22122 times a day gives","value":"\u221217.5%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What the fund returned","value":"\u221218.0%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to \u22122 times a day","value":"\u22120.5 pts","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$15m","as_of":"2026-10-21","source":"issuer page, as of Oct 21, 2026"},{"label":"Expense ratio","value":"2.20%","as_of":"2026-07-02","source":"497 XBRL, Jul 2, 2026"}]},"b":{"ticker":"SKHN","name":"Tradr 2X Short SK Hynix Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-10-21","verdict":"Over the month to Oct 21, 2026, SKHN returned 59.1%, against 59.1% for twice the inverse of SKHY's daily moves.","url":"https://etfiq.com/funds/skhn","key_facts":[{"label":"What SKHY did","value":"\u221224.2%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What \u22122 times a day gives","value":"+59.1%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What the fund returned","value":"+59.1%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to \u22122 times a day","value":"\u22120.1 pts","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$728,651","as_of":"2026-10-21","source":"the issuer\u2019s own daily fund list, as of Oct 21, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-07-24","source":"485BPOS XBRL, Jul 24, 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/skdd-vs-skhn"}