Skip to content
etf.net

AMZD vs SKHZ

Direxion Daily AMZN Bear 1X ETF

AMZDANasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.27pt a year

AMZD1.02%SKHZ0.75%

Avg volume · 30D

AMZD 6.4×the volume

AMZD12.2MSKHZ1.9M

AMZD vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

+12.2%AMZD−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. AMZD +12.2%. SKHZ −15.5%. Use the arrow keys to read each point.−30%−10%0%Jul 2026Sep 2026Oct 2026
Expense ratio
AMZD 1.02%
SKHZ 0.75%, better
Fund size
AMZD $19M
SKHZ $4M
1Y total return
AMZD −3.4%
SKHZ No data
Yield (12M)
AMZD 2.65%
SKHZ No data
Holdings
AMZD 3
SKHZ 2
Avg volume (30D)
AMZD 12.2M sh, better
SKHZ 1.9M sh
NAV per share
AMZD $8.90
SKHZ $11.21
52W range

ETF.net Grade

AMZD: Cost 78, Risk 72, Mission 96, Tradability 72, Holdings not scored, Durability 74. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for AMZD, SKHZ, with each pillar’s weight
PillarAMZDSKHZ
Cost30% weightA78A100Higher
Mission25% weightA96Not scored
Risk15% weightA72A75Higher
Tradability15% weightA72HigherA71
Holdings10% weightNot scoredNot scored
Durability5% weightA74HigherF20

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. AMZD 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 ›

SKHZ ranks 3rd and AMZD 5th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 3ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 81
  4. Rank 3ATSLSDirexion Daily TSLA Bear 1X ETFScore 81
  5. Rank 5AAMZDDirexion Daily AMZN Bear 1X ETFScore 80
  6. Rank 5APLTDDirexion Daily PLTR Bear 1X ETFScore 80

Our read on each fund

ETF.net Research

AMZDADirexion Daily AMZN Bear 1X ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

AMZD Most single-stock bear funds reach for leverage. AMZD skips it: one dollar down for every dollar Amazon rises, for a single trading day, through swaps you buy like any share. 1.02% net of a waiver through September 1, 2027.

SKHZ No data

Stated mandate

AMZD The fund seeks daily inverse investment results tied to AMZN and is materially different from ordinary exchange-traded funds.

SKHZ No data

Why people hold it

  • AMZD Minus one, not minus two. The fund targets 100% of the inverse of Amazon's daily move, so a 3% pop in the stock is roughly a 3% hit here, not 6%.sec.gov
  • Bearish exposure comes from swap agreements and options, not borrowed stock, so the position is a regular buy order in a regular brokerage account.sec.gov
  • Fee lands below the category median: 1.02% net of a waiver through September 1, 2027, against a 1.26% gross rate.
  • Trading since September 2022 and among the more active names in its category, and it has stayed tight to its stated daily target, one of the stronger implementations among inverse single-stock funds.

SKHZ No data

Worth knowing

  • AMZD The exposure resets daily. Held across a choppy stretch, compounding can leave the result with little resemblance to minus one times Amazon's move over that stretch.sec.gov
  • That 1.02% rests on a waiver running through September 1, 2027. Without it the fee reverts to the 1.26% gross figure.
  • Assets are modest for the category, and a fund wired to one stock depends on ongoing appetite for that one trade.

SKHZ No data

Full AMZD profile⁠

Full SKHZ profile⁠

AMZD 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.

AMZD vs SKHZ Cost

Overpaying AMZD vs SKHZ

$4,530

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

  • AMZD 1.02%

    $19,012

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • AMZD 1.02%
  • SKHZ 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AMZD $19,012SKHZ $14,482

Year by year

YearAMZDSKHZOverpaying
10$1,797$1,336$461
20$6,746$5,078$1,668
30$19,012$14,482$4,530

Expense ratio

  • 1.02%AMZD
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

AMZD 12th cheapest of 43 funds

AMZD vs SKHZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AMZD 2.65%
SKHZ No data
Payout (12M)
AMZD $0.24
SKHZ None
Last payment
AMZD $0.05
SKHZ No data
Ex-dividend
AMZD Sep 22, 2026
SKHZ No data
Paid on
AMZD Sep 29, 2026
SKHZ No data
Frequency
AMZD Quarterly
SKHZ No data

Distribution history

Per share, 2022 to 2026, same scale for both

AMZDQuarterly · 18 paymentsAll AMZD payments⁠
One bar per payment. 18 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.0084; Dec 8, 2022 $0.69; Dec 20, 2022 $0.14; Mar 21, 2023 $0.24; Jun 21, 2023 $0.29; Sep 19, 2023 $0.45; Dec 21, 2023 $0.21; Mar 19, 2024 $0.17; Jun 25, 2024 $0.17; Sep 24, 2024 $0.14; Dec 23, 2024 $0.11; Mar 25, 2025 $0.10; Jun 24, 2025 $0.07; Sep 23, 2025 $0.11; Dec 23, 2025 $0.08; Mar 24, 2026 $0.05; Jun 23, 2026 $0.06; Sep 22, 2026 $0.05. Use the arrow keys to read each point.$0$0.5020232026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

AMZD vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMZD 27.4%SKHZ No data
Return per unit of riskSharpe ratio, 3 years
AMZD −0.86SKHZ No data
Worst fallMax drawdown, 5 years
AMZD −74.7%since Sep 2022SKHZ No data
Market sensitivityBeta, 5 years
AMZD −1.26SKHZ 0.00

Popular comparisons

  • AMZDAvsAAPDA

    Direxion Daily AMZN Bear 1X ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
    1.02% · 0.96%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SKHZAvsAAPDA

    Leverage Shares 1X Short SK Hynix Daily ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
    0.75% · 0.96%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AMZDAvsTSDDA

    Direxion Daily AMZN Bear 1X ETF · GraniteShares 2x Short TSLA Daily ETF

    Expense ratio
    1.02% · 0.98%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SKHZAvsTSDDA

    Leverage Shares 1X Short SK Hynix Daily ETF · GraniteShares 2x Short TSLA Daily ETF

    Expense ratio
    0.75% · 0.98%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AMZDAvsTSLSA

    Direxion Daily AMZN Bear 1X ETF · Direxion Daily TSLA Bear 1X ETF

    Expense ratio
    1.02% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SKHZAvsTSLSA

    Leverage Shares 1X Short SK Hynix Daily ETF · Direxion Daily TSLA Bear 1X ETF

    Expense ratio
    0.75% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.