
GraniteShares 2x Short SK Hynix Daily ETF
$10.96+0.63 (+6.10%)
- 2.20%
- $4M
- 7.45M sh
- low $6.22high $21.89
The ETF.net SKDD Grade
Score 35 out of 100
- 46 of 58
Score 35 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F2 out of 100Rank 57 of 58Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C54 out of 100Rank 21 of 54Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A83 out of 100Rank 5 of 58Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C41 out of 100Rank 37 of 58
SKDD Holdings
- Other
- 1
- 200%
- SKHY
Sectors
- Technology100.0%
Geography
- South Korea100.00%
Developed 0% · Emerging 100%
SKDD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SKDD |
|---|---|
| Year to date | |
| 1 month | +26.1% |
| 3 months | −33.1% |
| 1 year | |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SKDD |
|---|---|---|
| 2026 YTD | −7.9% |
SKDD in the news
SKDD Dividends
Listed Jul 2026. No distributions yet.
SKDD Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −3.50
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
SKDD Cost
Overpaying vs SKHZ, cheapest in Single-Stock Inverse
$20,824
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
SKDD 2.20%
$35,306
SKHZ 0.75% Cheapest
$14,482
Cost over time
Year by year
| Year | SKDD | SKHZ | Overpaying |
|---|---|---|---|
| 10 | $3,690 | $1,336 | $2,354 |
| 20 | $13,157 | $5,078 | $8,079 |
| 30 | $35,306 | $14,482 | $20,824 |
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- DNBIZTradr 2X Short NBIS Daily ETFExpense ratio 1.49%1 year return
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