# SKHZ (Leverage Shares 1X Short SK Hynix Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Oct 21, 2026

Over the three months to Oct 21, 2026, SKHZ lost 1.0%, against −1.2% for the inverse of SKHY's daily moves.

## Key facts

- SKHZ, what SKHY did: −13.3%, as of Oct 21, 2026.
- SKHZ, what −1 times a day gives: −1.2%, as of Oct 21, 2026.
- SKHZ, what the fund returned: −1.0%, as of Oct 21, 2026.
- SKHZ, gap to −1 times a day: +0.2 pts, as of Oct 21, 2026.
- SKHZ, net assets: $5m (issuer page, as of Oct 20, 2026).
- SKHZ, expense ratio: 0.75% (497 XBRL, Jul 29, 2026).

## SKHZ over each window to Oct 21, 2026

| Window | Total return | SKHY | -1x the move | Difference | SKHY moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| 1 month | +28.1% | −24.2% | +24.2% | +3.9 pts | 55% |
| 3 months | −1.0% | −13.3% | +13.3% | −14.3 pts | 78% |
| Since launch | +9.5% | −26.1% | +26.1% | −16.6 pts | 85% |

## SKHZ key stats

- High since Jul 14, 2026, daily closes to Oct 21, 2026: $15.53 on Jul 29, 2026 (computed by ETFIQ from Tiingo daily prices)
- Low since Jul 14, 2026, daily closes to Oct 21, 2026: $9.05 on Oct 5, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 21, 2026, within that range: $12.08, 47% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | -1 times the daily move of SKHY, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +0.0739046 times, against -1 stated | ETFIQ |
| Underlying | SKHY | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $5m | issuer page, as of Oct 20, 2026 |
| Expense ratio | 0.75% | 497 XBRL, Jul 29, 2026 |
| First traded | Jul 14, 2026 | ETFIQ |
| Underlying volatility over the window | 78% annualized | ETFIQ |

## Money in and out, to Oct 20, 2026

Monthly figures only. Oct 2026: $0, from ETFIQ, the sum of its days, Oct 19 to Oct 20.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/skhz.json>. Method: https://etfiq.com/methodology/flows

## Questions

### Did SKHZ return -1 times SKHY?

Over the three months to Oct 21, 2026, SKHY moved −13.3% and SKHZ returned −1.0%. −1 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 −1 times each day's move, compounded, it was 0.2 points over.

### Why does SKHZ not return -1 times over a year?

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.


## Cite this page

ETFIQ, SKHZ, leveraged ETFs, data as of Oct 21, 2026. https://etfiq.com/funds/skhz
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/skhz  ·  JSON: https://etfiq.com/funds/skhz.json