{"url":"https://etfiq.com/compare/leverage/skhx-vs-skuu","section":"compare","title":"SKHX vs SKUU: Leverage, Returns & Decay | ETFIQ","description":"SKHX sets out to return +2 times SKHY each day and SKUU +2 times. Over the three months to Oct 21, 2026 they finished \u221211.8 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, SKHX or SKUU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 21, 2026, SKHX finished 11.8 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 SKHX and SKUU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on SK hynix, SKHX at +2 times and SKUU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SKHX or SKUU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SKHX\u2019s moved at 78% annualized and SKUU\u2019s at 78%, so SKHX has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SKHX 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, SKHX or SKUU?","acceptedAnswer":{"@type":"Answer","text":"SKHX charges 0.75% a year and SKUU charges 1.50%, so SKHX 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":"SKHX vs SKUU","item":"https://etfiq.com/compare/leverage/skhx-vs-skuu"}]},{"@type":"WebPage","name":"SKHX vs SKUU: Leverage, Returns & Decay","description":"SKHX sets out to return +2 times SKHY each day and SKUU +2 times. Over the three months to Oct 21, 2026 they finished \u221211.8 pts and \u221210.9 pts away.","url":"https://etfiq.com/compare/leverage/skhx-vs-skuu","dateModified":"2026-10-21","abstract":"Over the days both have traded, SKHX finished 3.3 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 SKHX and SKUU","description":"SKHX sets out to return +2 times SKHY each day and SKUU +2 times. Over the three months to Oct 21, 2026 they finished \u221211.8 pts and \u221210.9 pts away.","dateModified":"2026-10-21","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/skhx-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":7580,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Compare ETFs / SKHX vs SKUU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 21, 2026 .\n\n SKHX vs SKUU: Leverage, Returns & Decay\n\n Over the days both have traded, SKHX finished 3.3 points from its stated multiple and SKUU 3.6.\n Copy this for sharing \n \n SKHX costs 0.75 points a year less.\n SKHX and SKUU at a glance. As of Oct 21, 2026. Source: ETFIQ. SKHX SKUU \n Expense ratio 0.75% 1.50% \n Net assets, SKHX as of Oct 20, 2026 and SKUU as of Oct 21, 2026 $73m $163m \n What it tracks SK Hynix (from its own objective) SK Hynix Inc. (from its own objective) \n Hold","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, SKHX against SKUU, data as of Oct 21, 2026. https://etfiq.com/compare/leverage/skhx-vs-skuu","a":{"ticker":"SKHX","name":"Leverage Shares 2X Long SK Hynix Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-10-21","verdict":"Over the three months to Oct 21, 2026, SKHX lost 38.4%, against \u221235.3% for twice SKHY's daily moves.","url":"https://etfiq.com/funds/skhx","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":"\u221238.4%","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to 2 times a day","value":"\u22123.1 pts","as_of":"2026-10-21","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$73m","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"}]},"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/skhx-vs-skuu"}