{"url":"https://etfiq.com/compare/leverage/skhn-vs-skhz","section":"compare","title":"SKHN vs SKHZ: Leverage, Returns & Decay | ETFIQ","description":"SKHN sets out to return -2 times SKHY each day and SKHZ -1 times. Over the month to Oct 21, 2026 they finished +10.7 pts and +3.9 pts away.","as_of":"Oct 21, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its daily multiple, SKHN or SKHZ?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 21, 2026, SKHN finished 10.7 points from what its multiple implies and SKHZ finished 14.3 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 SKHN and SKHZ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on SK hynix, SKHN at -2 times and SKHZ at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SKHN or SKHZ?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SKHN\u2019s moved at 55% annualized and SKHZ\u2019s at 78%, so SKHZ has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SKHN or SKHZ 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, SKHN or SKHZ?","acceptedAnswer":{"@type":"Answer","text":"SKHN charges 1.49% a year and SKHZ charges 0.75%, so SKHZ 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":"SKHN vs SKHZ","item":"https://etfiq.com/compare/leverage/skhn-vs-skhz"}]},{"@type":"WebPage","name":"SKHN vs SKHZ: Leverage, Returns & Decay","description":"SKHN sets out to return -2 times SKHY each day and SKHZ -1 times. Over the month to Oct 21, 2026 they finished +10.7 pts and +3.9 pts away.","url":"https://etfiq.com/compare/leverage/skhn-vs-skhz","dateModified":"2026-10-21","abstract":"Over a month against its daily multiple, compounded, SKHN finished 0.1 points short and SKHZ 0.1 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SKHN and SKHZ","description":"SKHN sets out to return -2 times SKHY each day and SKHZ -1 times. Over the month to Oct 21, 2026 they finished +10.7 pts and +3.9 pts away.","dateModified":"2026-10-21","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/skhn-vs-skhz","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":7423,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Compare ETFs / SKHN vs SKHZ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 21, 2026 .\n\n SKHN vs SKHZ: Leverage, Returns & Decay\n\n Over a month against its daily multiple, compounded, SKHN finished 0.1 points short and SKHZ 0.1 points over.\n Copy this for sharing \n \n SKHZ costs 0.74 points a year less; SKHZ is 5.4 times larger.\n SKHN and SKHZ at a glance. As of Oct 21, 2026. Source: ETFIQ. SKHN SKHZ \n Expense ratio 1.49% 0.75% \n Net assets, as of Oct 20, 2026 $936,894 $5m \n What it tracks SK Hynix SK Hynix (from its own objective) \n Holdings in common not pu","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, SKHN against SKHZ, data as of Oct 21, 2026. https://etfiq.com/compare/leverage/skhn-vs-skhz","a":{"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"}]},"b":{"ticker":"SKHZ","name":"Leverage Shares 1X Short SK Hynix Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-10-21","verdict":"Over the three months to Oct 21, 2026, SKHZ lost 1.0%, against \u22121.2% for the inverse of SKHY's daily moves.","url":"https://etfiq.com/funds/skhz","key_facts":[{"label":"What SKHY did","value":"\u221213.3%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What \u22121 times a day gives","value":"\u22121.2%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What the fund returned","value":"\u22121.0%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to \u22121 times a day","value":"+0.2 pts","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$5m","as_of":"2026-10-20","source":"issuer page, as of Oct 20, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-07-29","source":"497 XBRL, Jul 29, 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/skhn-vs-skhz"}