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APLZ vs SKHZ

Tradr 2X Short APLD Daily ETF

APLZCCboe

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.74pt a year

APLZ1.49%SKHZ0.75%

Avg volume · 30D

SKHZ 14.2×the volume

APLZ134KSKHZ1.9M

APLZ vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

+44.0%APLZ−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. APLZ +44.0%. SKHZ −15.5%. Use the arrow keys to read each point.0%20%60%Jul 2026Sep 2026Oct 2026
Expense ratio
APLZ 1.49%
SKHZ 0.75%, better
Fund size
APLZ $5M
SKHZ $4M
Holdings
APLZ 2
SKHZ 2
Avg volume (30D)
APLZ 134K sh
SKHZ 1.9M sh, better
NAV per share
APLZ $35.31
SKHZ $11.21
52W range

ETF.net Grade

APLZ: Cost 25, Risk 40, Mission 97, Tradability 38, Holdings not scored, Durability 32. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for APLZ, SKHZ, with each pillar’s weight
PillarAPLZSKHZ
Cost30% weightD25A100Higher
Mission25% weightA97Not scored
Risk15% weightC40A75Higher
Tradability15% weightD38A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD32HigherF20

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. APLZ 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 APLZ 28th 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 26CSNDQTradr 2X Short SNDK Daily ETFScore 41
  6. Rank 28CAPLZTradr 2X Short APLD Daily ETFScore 40
  7. Rank 28CCSCSDirexion Daily CSCO Bear 1X ETFScore 40

Our read on each fund

ETF.net Research

APLZCTradr 2X Short APLD Daily ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

APLZ A one-day trade in a fund wrapper: APLZ aims to deliver two times the inverse of Applied Digital's daily move, so bears can lean against the AI data-center story without a margin account or a stock loan.

SKHZ No data

Stated mandate

APLZ The fund seeks daily results equal to two times the inverse performance of Applied Digital Corporation common shares, before fees and expenses. It is designed for a one-trading-day objective rather than a longer holding period.

SKHZ No data

Why people hold it

  • APLZ Pure single-name tool. Instead of a sector basket, it targets one stock, Applied Digital (APLD), at twice the inverse of its daily move.tradretfs.com
  • Short exposure in an ordinary brokerage account: no margin agreement, no locating shares to borrow, no open-ended short losses beyond what you put in.tradretfs.com
  • Tight to its mandate. Day to day, the fund has hewed closely to its stated two-times-inverse objective, one of the stronger tracking records among inverse single-stock funds.

SKHZ No data

Worth knowing

  • APLZ The math resets every day. Hold longer than a session and compounding takes over, so results over a week or a month can drift well away from minus two times the move.
  • At 1.49% a year, it sits above the typical inverse single-stock fund; peers like TSLS and AAPD run cheaper, though they target different stocks at 1x.
  • Young and small: launched in 2026 with a modest asset base, so it has a short track record and thinner trading than the established names in the category.

SKHZ No data

Full APLZ profile⁠

Full SKHZ profile⁠

APLZ 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.

APLZ vs SKHZ Cost

Overpaying APLZ vs SKHZ

$11,659

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

  • APLZ 1.49%

    $26,141

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • APLZ 1.49%
  • 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$30K051015202530APLZ $26,141SKHZ $14,482

Year by year

YearAPLZSKHZOverpaying
10$2,574$1,336$1,238
20$9,464$5,078$4,386
30$26,141$14,482$11,659

Expense ratio

  • 1.49%APLZ
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

APLZ 31st cheapest of 43 funds

APLZ vs SKHZ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
APLZ None
SKHZ None

Distribution history

APLZAll APLZ payments⁠

No distribution history available.

SKHZAll SKHZ payments⁠

No distribution history available.

APLZ vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
APLZ −5.76SKHZ 0.00

Popular comparisons

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    Tradr 2X Short APLD Daily ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
    1.49% · 0.96%
    Category
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  • SKHZAvsAAPDA

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    0.75% · 0.96%
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  • APLZCvsTSDDA

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    Expense ratio
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    Category
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  • SKHZAvsTSDDA

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    Expense ratio
    0.75% · 0.98%
    Category
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  • APLZCvsTSLSA

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    Expense ratio
    1.49% · 0.95%
    Category
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  • 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.