SK Corgi SK hynix 2x Daily ETF

Aims to return twice the daily move of SK hynixCorgi0.50% fee$19mFirst traded Jul 14, 2026SEC filings ↗
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SK aims to return +2 times SK hynix's move each day, then resets. Over one day it does that.

ETFIQ publishes no comparison for SK. Measuring a leveraged fund means pricing what it tracks over the same days, and no live price history was found for SK hynix, so there is nothing to hold its return against. Its own returns below are unaffected, and it is left out of every ranking and score in this category rather than placed last in them.

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Head to head

In plain words

Summary
Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. SK itself moved at 108% annualized over that window. No listed fund tracks this index, so ETFIQ has no daily series to measure the fund against. Its own return is shown and no achieved multiple is computed: in this category the difference from the label is meant to be the fund’s own cost, and a nearly right benchmark would put the gap between two indexes into that figure.
Sets out to return+2 times the daily move of SK hynix, reset daily
UnderlyingSK hynix (no investable tracker)
Segmentsector or country, single stock
Net assets (the issuer’s own daily fund list, as of Oct 9, 2026)$19m
Expense ratio (485BPOS XBRL, Jun 1, 2026)0.50%
First tradedJul 14, 2026
Volatility, annualized108%
How this is computed
Returns are ETFIQ calculations from Tiingo end-of-day prices, distributions reinvested, measured against the underlying over exactly the same days. How these figures are computed

Questions people ask about SK

Why does SK not return +2 times over a year?
Because it resets daily. SK aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.
Sources and dates
Prices, SKTiingo end-of-day prices ↗
Fee, 0.50%SEC 485BPOS XBRL · Jun 1, 2026
Net assets, $19mThe issuer’s own daily fund list · Oct 9, 2026
IssuerCorgi website ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceSEC investment company series and class file, which lists every registered fund ↗
Corgi’s own site ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement.

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, SK, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/sk

Open SK live on ETFIQ

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Stated multiple
What the fund sets out to return against its underlying, each day. A fund at 2x aims to return twice the underlying’s daily move, and an inverse fund at -2x aims to return twice it in the opposite direction.
Daily reset
The fund starts each day aiming at the multiple again, from wherever it now stands. It is the mechanism that makes these funds behave as they do, and the reason the stated multiple applies to a day rather than to a holding period.
Compounding
Daily results multiply together rather than adding up. Two days of the multiple is not twice the multiple, and over a run of days the difference between the two grows with how far the underlying moves about.
Decay
What compounding costs a holder when the underlying falls and rises back to where it started. The underlying is level and the fund is down; the more violently it moved, the further down.
Difference against the stated multiple
The fund’s return minus the stated multiple times the underlying’s return, in percentage points. The one figure that says whether a holder got what the fund’s own multiple describes.
Every term used here, defined in full on the leveraged ETFs vocabulary page. →
Corgi: every fund ETFIQ covers→ETF News, Jul 14, 2026→