{"url":"https://etfiq.com/compare/leverage/skhl-vs-skuu","section":"compare","title":"SKHL vs SKUU: Leverage, Returns & Decay | ETFIQ","description":"SKHL sets out to return +2 times SKHY each day and SKUU +2 times. Over the three months to Oct 21, 2026 they finished \u221211.6 pts and \u221210.9 pts away.","as_of":"Oct 21, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its daily multiple, SKHL or SKUU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 21, 2026, SKHL finished 11.6 points from what its multiple implies and SKUU finished 10.9 points from its own, so SKUU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are SKHL and SKUU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on SK hynix, SKHL at +2 times and SKUU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SKHL or SKUU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SKHL\u2019s moved at 78% annualized and SKUU\u2019s at 78%, so SKHL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SKHL or SKUU 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, SKHL or SKUU?","acceptedAnswer":{"@type":"Answer","text":"SKHL charges 0.97% a year and SKUU charges 1.50%, so SKHL 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":"SKHL vs SKUU","item":"https://etfiq.com/compare/leverage/skhl-vs-skuu"}]},{"@type":"WebPage","name":"SKHL vs SKUU: Leverage, Returns & Decay","description":"SKHL sets out to return +2 times SKHY each day and SKUU +2 times. Over the three months to Oct 21, 2026 they finished \u221211.6 pts and \u221210.9 pts away.","url":"https://etfiq.com/compare/leverage/skhl-vs-skuu","dateModified":"2026-10-21","abstract":"Over the days both have traded, SKHL finished 3.5 points from its stated multiple and SKUU 3.6.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SKHL and SKUU","description":"SKHL sets out to return +2 times SKHY each day and SKUU +2 times. Over the three months to Oct 21, 2026 they finished \u221211.6 pts and \u221210.9 pts away.","dateModified":"2026-10-21","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/skhl-vs-skuu","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":7561,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Compare ETFs / SKHL vs SKUU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 21, 2026 .\n\n SKHL vs SKUU: Leverage, Returns & Decay\n\n Over the days both have traded, SKHL finished 3.5 points from its stated multiple and SKUU 3.6.\n Copy this for sharing \n \n SKHL costs 0.53 points a year less.\n SKHL and SKUU at a glance. As of Oct 21, 2026. Source: ETFIQ. SKHL SKUU \n Expense ratio 0.97% 1.50% \n Net assets, SKHL as of Oct 19, 2026 and SKUU as of Oct 21, 2026 $38m $163m \n What it tracks SK hynix Inc. (from its own objective) SK Hynix Inc. (from its own objective) \n","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, SKHL against SKUU, data as of Oct 21, 2026. https://etfiq.com/compare/leverage/skhl-vs-skuu","a":{"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"}]},"b":{"ticker":"SKUU","name":"GraniteShares 2x Long SK Hynix Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-10-21","verdict":"Over the three months to Oct 21, 2026, SKUU lost 37.5%, against \u221235.3% for twice SKHY's daily moves.","url":"https://etfiq.com/funds/skuu","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":"\u221237.5%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to 2 times a day","value":"\u22122.2 pts","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$163m","as_of":"2026-10-21","source":"issuer page, as of Oct 21, 2026"},{"label":"Expense ratio","value":"1.50%","as_of":"2026-07-02","source":"497 XBRL, Jul 2, 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/skhl-vs-skuu"}