{
 "ticker": "SKHZ",
 "name": "Leverage Shares 1X Short SK Hynix Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/skhz",
 "html": "https://etfiq.com/funds/skhz",
 "markdown": "https://etfiq.com/funds/skhz.md",
 "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.",
 "key_facts": [
  {
   "key": "what_skhy_did",
   "label": "What SKHY did",
   "value": "\u221213.3%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "SKHZ, what SKHY did: \u221213.3%, as of Oct 21, 2026.",
   "cite": {
    "value": "\u221213.3%",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/skhz#fact-what-skhy-did",
    "text": "SKHZ, what SKHY did: \u221213.3%, as of Oct 21, 2026."
   }
  },
  {
   "key": "what_1_times_a_day_gives",
   "label": "What \u22121 times a day gives",
   "value": "\u22121.2%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "SKHZ, what \u22121 times a day gives: \u22121.2%, as of Oct 21, 2026.",
   "cite": {
    "value": "\u22121.2%",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/skhz#fact-what-1-times-a-day-gives",
    "text": "SKHZ, what \u22121 times a day gives: \u22121.2%, as of Oct 21, 2026."
   }
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u22121.0%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "SKHZ, what the fund returned: \u22121.0%, as of Oct 21, 2026.",
   "cite": {
    "value": "\u22121.0%",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/skhz#fact-what-the-fund-returned",
    "text": "SKHZ, what the fund returned: \u22121.0%, as of Oct 21, 2026."
   }
  },
  {
   "key": "gap_to_1_times_a_day",
   "label": "Gap to \u22121 times a day",
   "value": "+0.2 pts",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "SKHZ, gap to \u22121 times a day: +0.2 pts, as of Oct 21, 2026.",
   "cite": {
    "value": "+0.2 pts",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/skhz#fact-gap-to-1-times-a-day",
    "text": "SKHZ, gap to \u22121 times a day: +0.2 pts, as of Oct 21, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5m",
   "source": "issuer page, as of Oct 20, 2026",
   "as_of": "2026-10-20",
   "sentence": "SKHZ, net assets: $5m (issuer page, as of Oct 20, 2026).",
   "cite": {
    "value": "$5m",
    "as_of": "2026-10-20",
    "source": "issuer page, as of Oct 20, 2026",
    "url": "https://etfiq.com/funds/skhz#fact-net-assets",
    "text": "SKHZ, net assets: $5m (issuer page, as of Oct 20, 2026)."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "497 XBRL, Jul 29, 2026",
   "as_of": "2026-07-29",
   "sentence": "SKHZ, expense ratio: 0.75% (497 XBRL, Jul 29, 2026).",
   "cite": {
    "value": "0.75%",
    "as_of": "2026-07-29",
    "source": "497 XBRL, Jul 29, 2026",
    "url": "https://etfiq.com/funds/skhz#fact-expense-ratio",
    "text": "SKHZ, expense ratio: 0.75% (497 XBRL, Jul 29, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "-1 times the daily move of SKHY, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+0.0739046 times, against -1 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "SKHY",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5m",
   "source": "issuer page, as of Oct 20, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "497 XBRL, Jul 29, 2026"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Jul 14, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "78% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "+28.1%",
   "SKHY": "\u221224.2%",
   "-1x the move": "+24.2%",
   "Difference": "+3.9 pts",
   "SKHY moved about, annualized": "55%"
  },
  {
   "window": "3 months",
   "Total return": "\u22121.0%",
   "SKHY": "\u221213.3%",
   "-1x the move": "+13.3%",
   "Difference": "\u221214.3 pts",
   "SKHY moved about, annualized": "78%"
  },
  {
   "window": "Since launch",
   "Total return": "+9.5%",
   "SKHY": "\u221226.1%",
   "-1x the move": "+26.1%",
   "Difference": "\u221216.6 pts",
   "SKHY moved about, annualized": "85%"
  }
 ],
 "questions": [
  {
   "q": "Did SKHZ return -1 times SKHY?",
   "a": "Over the three months to Oct 21, 2026, SKHY moved \u221213.3% and SKHZ returned \u22121.0%. \u22121 times that move is +13.3%, so the fund came out 14.3 points short of it. That is not its objective, which is daily. Against \u22121 times each day's move, compounded, it was 0.2 points over."
  },
  {
   "q": "Why does SKHZ not return -1 times over a year?",
   "a": "Because it resets daily. SKHZ aims at -1 times each day's move, and daily results compound. If the underlying falls and recovers, a holder ends up behind -1 times the period move; in a steady run in one direction, possibly ahead. The longer the holding and the more the underlying swings, the wider the gap."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "High since Jul 14, 2026, daily closes to Oct 21, 2026",
   "value": "$15.53 on Jul 29, 2026",
   "as_of": "2026-07-29",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 15.53,
   "window": {
    "from": "2026-07-14",
    "to": "2026-10-21"
   }
  },
  {
   "key": "low52",
   "label": "Low since Jul 14, 2026, daily closes to Oct 21, 2026",
   "value": "$9.05 on Oct 5, 2026",
   "as_of": "2026-10-05",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 9.05,
   "window": {
    "from": "2026-07-14",
    "to": "2026-10-21"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Oct 21, 2026, within that range",
   "value": "$12.08, 47% of the way from the low to the high",
   "as_of": "2026-10-21",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 12.08
  }
 ],
 "flows": {
  "as_of": "2026-10-20",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/skhz.json",
  "windows": [],
  "latest_month": {
   "month": "2026-10",
   "net_flow_usd": 0,
   "net_flow": "$0",
   "source": "ETFIQ, the sum of its days, Oct 19 to Oct 20"
  }
 },
 "generated": "2026-10-22",
 "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, leveraged ETFs, data as of Oct 21, 2026. https://etfiq.com/funds/skhz"
}