SK Hynix is the world's second-largest memory chipmaker, headquartered in Icheon, South Korea, and part of the SK Group. It is the leading maker of high-bandwidth memory (HBM), the stacked DRAM that sits next to AI accelerators, and it supplies most of the HBM in Nvidia's data-center GPUs. That has made it one of the main winners of the AI hardware boom.
Recently, an ADR of SK Hynix was listed on a US exchange under the ticker SKHY, giving American investors direct access to the stock. The leveraged and inverse ETFs below are built on that ADR. Below are 11 of them.
Quick Overview
| Ticker | Fund Name | Leverage | Direction | Expense Ratio | AUM |
|---|---|---|---|---|---|
| Long | |||||
| SKUU | GraniteShares 2x Long SK Hynix Daily ETF | 2x | Long | 1.50% | $195.9M |
| SKHX | Leverage Shares 2X Long SK Hynix Daily ETF | 2x | Long | 0.75% | $115.8M |
| SKHU | ProShares Ultra SK hynix | 2x | Long | 0.95% | $80.1M |
| SKHL | Direxion Daily SK Hynix Bull 2X Shares | 2x | Long | 0.97% | $48.4M |
| HYNX | T-REX 2X Long SKHY Daily Target ETF | 2x | Long | 1.25% | $41.9M |
| SK | Corgi SK hynix 2x Daily ETF | 2x | Long | 0.50% | $23.0M |
| SKHA | Tradr 2X Long SK hynix Daily ETF | 2x | Long | 1.49% | $1.0M |
| Short (Inverse) | |||||
| SKDD | GraniteShares 2x Short SK Hynix Daily ETF | 2x | Short | 2.20% | $26.5M |
| SKHZ | Leverage Shares 1X Short SK Hynix Daily ETF | 1x | Short | 0.75% | $6.4M |
| SKHN | Tradr 2X Short SK hynix Daily ETF | 2x | Short | 1.49% | $1.0M |
| SKHQ | Leverage Shares 2X Short Sk Hynix Daily ETF | 2x | Short | 0.99% | $0.4M |
SKUU
GraniteShares 2x Long SK Hynix Daily ETF
SKHX
Leverage Shares 2X Long SK Hynix Daily ETF
SKHU
ProShares Ultra SK hynix
SKHL
Direxion Daily SK Hynix Bull 2X Shares
HYNX
T-REX 2X Long SKHY Daily Target ETF
SK
Corgi SK hynix 2x Daily ETF
Corgi's entry also seeks 2x the daily performance of SK Hynix, but it carries the lowest expense ratio of any fund on this list, making it the cheapest way to hold the trade. It trades under the single-letter ticker SK.
SKHA
Tradr 2X Long SK hynix Daily ETF
SKDD
GraniteShares 2x Short SK Hynix Daily ETF
This is one of the most leveraged shorts here, aiming for -200% of SK Hynix's daily move. Doubling the inverse exposure means it is built for short holding periods and can lose value quickly in choppy markets, even when the stock ends up roughly flat.
SKHZ
Leverage Shares 1X Short SK Hynix Daily ETF
This Leverage Shares fund lets you bet against SK Hynix. It targets -100% of the stock's daily performance, moving opposite the share price one-for-one, without the compounding decay of a 2x inverse fund.
SKHN
Tradr 2X Short SK hynix Daily ETF
SKHQ
Leverage Shares 2X Short Sk Hynix Daily ETF
Risk Warning: Leveraged and inverse ETFs are complex financial instruments that may not be suitable for all investors. Past performance does not guarantee future results. Please consult with a financial advisor before making investment decisions.