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SKHLDirexion Daily SK Hynix Bull 2X ETF

Seeks daily investment results of 200% of the daily performance of SKHY.

Annual Cost

Fund Size

Return (1Y)Goal

N/A

Track Record

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 200% of the daily performance of SKHY.
Strategy
Invests at least 80% of net assets in the securities of SKHY and financial instruments, such as swaps and options, to achieve 2X daily leveraged exposure to SKHY.

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-07-18