{"url":"https://etfiq.com/compare/leverage/skhz-vs-skuu","section":"compare","title":"SKHZ vs SKUU: Leverage, Returns & Decay | ETFIQ","description":"SKHZ sets out to return -1 times SKHY each day and SKUU +2 times. Over the three months to Oct 21, 2026 they finished \u221214.3 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, SKHZ or SKUU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 21, 2026, SKHZ finished 14.3 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 SKHZ and SKUU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on SK hynix, SKHZ at -1 times and SKUU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SKHZ or SKUU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SKHZ\u2019s moved at 78% annualized and SKUU\u2019s at 78%, so SKHZ has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SKHZ 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, SKHZ or SKUU?","acceptedAnswer":{"@type":"Answer","text":"SKHZ charges 0.75% a year and SKUU charges 1.50%, 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":"SKHZ vs SKUU","item":"https://etfiq.com/compare/leverage/skhz-vs-skuu"}]},{"@type":"WebPage","name":"SKHZ vs SKUU: Leverage, Returns & Decay","description":"SKHZ sets out to return -1 times SKHY each day and SKUU +2 times. Over the three months to Oct 21, 2026 they finished \u221214.3 pts and \u221210.9 pts away.","url":"https://etfiq.com/compare/leverage/skhz-vs-skuu","dateModified":"2026-10-21","abstract":"Over three months against its daily multiple, compounded, SKHZ finished 0.2 points over and SKUU 2.2 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SKHZ and SKUU","description":"SKHZ sets out to return -1 times SKHY each day and SKUU +2 times. Over the three months to Oct 21, 2026 they finished \u221214.3 pts and \u221210.9 pts away.","dateModified":"2026-10-21","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/skhz-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":8071,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Compare ETFs / SKHZ vs SKUU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 21, 2026 .\n\n SKHZ vs SKUU: Leverage, Returns & Decay\n\n Over three months against its daily multiple, compounded, SKHZ finished 0.2 points over and SKUU 2.2 points short.\n Copy this for sharing \n \n SKHZ costs 0.75 points a year less.\n SKHZ and SKUU at a glance. As of Oct 21, 2026. Source: ETFIQ. SKHZ SKUU \n Expense ratio 0.75% 1.50% \n Net assets, SKHZ as of Oct 20, 2026 and SKUU as of Oct 21, 2026 $5m $163m \n What it tracks SK Hynix (from its own objective) SK Hynix Inc. (from its own","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, SKHZ against SKUU, data as of Oct 21, 2026. https://etfiq.com/compare/leverage/skhz-vs-skuu","a":{"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"}]},"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/skhz-vs-skuu"}