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SKHL

The fund does not yet have enough measurable history for a letter. Young funds age in naturally as their record builds; nothing is wrong.New York Stock Exchange Arca

Direxion Daily SK Hynix Bull 2X ETF

Leveraged · Single-Stock Leveraged · Direxion · Inception 2026-07-15

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$11.65−0.65 (−5.28%)

As of Sep 23, 2026, 2:24 PM EDT

History starts Jul 15, 2026.History starts Jul 15, 2026.History starts Jul 15, 2026.
Intraday session: down, 58 prints from 12.30 to 11.65. Range 11.23 to 11.99. Use the arrow keys to read each point.$11.20$11.40$11.80$12.0010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$44M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
2.2M sh
NAV per share
$10.86
52W range
low $5.67high $14.06

SKHL Holdings

As of Sep 22, 2026, 10:03 PM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
DREYFUS GOVT CASH MAN INS31.3%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—DREYFUS GOVT CASH MAN INS31.29%42,980,978$43M108
002—SKHY SWAP ASSET LEG (SKHYNML)26.37%191,821$36M1
003—SKHY SWAP ASSET LEG (SKHYHSL)18.01%131,000$25M1
004—SKHY SWAP ASSET LEG (SKHYMRL)16.50%120,000$23M1
005—SKHY SWAP ASSET LEG (SKHYBPL)7.84%56,998$11M1

Showing 1–5 of 5 holdings

SKHL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SKHL$13,726
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,125
Aug 21, 2026 to Sep 22, 2026. SKHL $13,726. SPY $10,125. Use the arrow keys to read each point.$8,613$11,735$14,858Aug 21Sep 4Sep 22

Aug 21, 2026 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for SKHL. Periods over one year show the average yearly return.
PeriodSKHL
Year to dateFund launched this year—
1 month+37.3%
3 monthsFund is under 3 months old—
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SKHL
YearReturn barSKHL
2026 YTD+0.6%

Since listing, Jul 15, 2026

SKHL in the news

SKHL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Upcoming payment
$0.04 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Sep 22, 2026 $0.04. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Pays Sep 29, 2026$0.04

SKHL 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 much the fund’s monthly returns vary, scaled to a year.
—
Launched Jul 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Jul 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched Jul 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.00
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SKHL Cost

Expense ratio0.99%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

165 of the 329 Single-Stock Long Leveraged funds charge less.

SKHL costs $99.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.