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AMDD vs SKHZ

Direxion Daily AMD Bear 1X ETF

AMDDBNasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.70pt a year

AMDD1.45%SKHZ0.75%

Avg volume · 30D

SKHZ 1.6×the volume

AMDD1.19MSKHZ1.9M

AMDD vs SKHZ Performance

Jul 31, 2026 – Nov 2, 2026

−5.5%AMDD−14.7%SKHZ

Jul 31, 2026 to Nov 2, 2026. AMDD −5.5%. SKHZ −14.7%. Use the arrow keys to read each point.−30%−20%−10%0%Jul 2026Sep 2026Nov 2026
Expense ratio
AMDD 1.45%
SKHZ 0.75%, better
Fund size
AMDD $17M
SKHZ $4M
1Y total return
AMDD −63.9%
SKHZ No data
Yield (12M)
AMDD 11.25%
SKHZ No data
Holdings
AMDD 4
SKHZ 2
Avg volume (30D)
AMDD 1.19M sh
SKHZ 1.9M sh, better
NAV per share
AMDD $26.43
SKHZ $11.21
52W range

ETF.net Grade

AMDD: Cost 42, Risk 39, Mission 87, Tradability 48, Holdings not scored, Durability 63. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for AMDD, SKHZ, with each pillar’s weight
PillarAMDDSKHZ
Cost30% weightC42A100Higher
Mission25% weightA87Not scored
Risk15% weightD39A75Higher
Tradability15% weightC48A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB63HigherF20

Rank among Single-Stock Inverse funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AMDD and SKHZ are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

AMDD ranks 21st and SKHZ 27th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 19BSMSTDefiance Daily Target 2x Short MSTR ETFScore 60
  2. Rank 21BAMDDDirexion Daily AMD Bear 1X ETFScore 56
  3. Rank 22BIREZTradr 2X Short IREN Daily ETFScore 55
  4. Rank 27CRKLZDefiance Daily Target 2X Short RKLB ETFScore 40
  5. Rank 27ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 40
  6. Rank 27CTSMZDirexion Daily TSM Bear 1X ETFScore 40

Our read on each fund

ETF.net Research

AMDDBDirexion Daily AMD Bear 1X ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

AMDD A one-day short on AMD, bought like any stock. AMDD aims for 100% of the inverse of AMD's daily move: no margin account, no borrowed shares, and no extra leverage stacked on top.

SKHZ No data

Stated mandate

AMDD The Fund seeks daily investment results equal to 100% of the inverse of AMD’s daily performance, before fees and expenses.

SKHZ No data

Why people hold it

  • AMDD Shorting without the plumbing. One buy order gets inverse AMD exposure, no margin account and no locating shares to borrow.
  • Unleveraged inverse: the daily target is -1x AMD, before fees, so a 5% AMD pop aims for roughly a 5% fund drop, not 10%.
  • Day to day, it has tracked its stated -1x target closely, one of the tighter mandate deliveries among single-stock bear funds.
  • Ordinary 1940 Act fund wrapper, actively traded during market hours, with distributions paid quarterly.

SKHZ No data

Worth knowing

  • AMDD The 1.45% expense ratio sits above other single-stock bear funds, including TSLS at 0.95% and AAPD at 0.96%.
  • The target resets every day. Hold past one session and compounding takes over, so multi-day results can drift far from the inverse of AMD's move.
  • Young and small: launched in 2025 with a modest asset base, and one chipmaker's headlines drive the whole position.

SKHZ No data

Full AMDD profile⁠

Full SKHZ profile⁠

AMDD vs SKHZ Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AMDD vs SKHZ Cost

Overpaying AMDD vs SKHZ

$11,088

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AMDD 1.45%

    $25,570

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • AMDD 1.45%
  • SKHZ 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530AMDD $25,570SKHZ $14,482

Year by year

YearAMDDSKHZOverpaying
10$2,509$1,336$1,173
20$9,241$5,078$4,163
30$25,570$14,482$11,088

Expense ratio

  • 1.45%AMDD
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

AMDD 30th cheapest of 43 funds

AMDD vs SKHZ Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
AMDD 11.25%
SKHZ No data
Payout (12M)
AMDD $3.20
SKHZ None
Last payment
AMDD $0.24
SKHZ No data
Ex-dividend
AMDD Sep 22, 2026
SKHZ No data
Paid on
AMDD Sep 29, 2026
SKHZ No data
Frequency
AMDD Quarterly
SKHZ No data

Distribution history

Per share, 2025 to 2026, same scale for both

AMDDQuarterly · 7 paymentsAll AMDD payments⁠
One bar per payment. 7 payments from 2025 to 2026 YTD. Mar 25, 2025 $0.87; Jun 24, 2025 $1.72; Sep 23, 2025 $1.03; Dec 23, 2025 $1.57; Mar 24, 2026 $1.14; Jun 23, 2026 $0.25; Sep 22, 2026 $0.24. Use the arrow keys to read each point.$0$22026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

AMDD vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMDD 65.0%since Mar 2025SKHZ No data
Return per unit of riskSharpe ratio, 3 years
AMDD −1.68since Mar 2025SKHZ No data
Worst fallMax drawdown, 5 years
AMDD −93.4%since Feb 2025SKHZ No data
Market sensitivityBeta, 5 years
AMDD −2.52SKHZ 0.00

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