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NBIZ vs SKHZ

Tradr 2X Short NBIS Daily ETF

NBIZDCboe

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.74pt a year

NBIZ1.49%SKHZ0.75%

Avg volume · 30D

NBIZ 1.1×the volume

NBIZ2.13MSKHZ1.9M

NBIZ vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

−50.2%NBIZ−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. NBIZ −50.2%. SKHZ −15.5%. Use the arrow keys to read each point.−80%−60%−40%0%Jul 2026Sep 2026Oct 2026
Expense ratio
NBIZ 1.49%
SKHZ 0.75%, better
Fund size
NBIZ $30M
SKHZ $4M
Holdings
NBIZ 3
SKHZ 2
Avg volume (30D)
NBIZ 2.13M sh, better
SKHZ 1.9M sh
NAV per share
NBIZ $37.95
SKHZ $11.21
52W range

ETF.net Grade

NBIZ: Cost 25, Risk 21, Mission not scored, Tradability 50, Holdings not scored, Durability 52. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for NBIZ, SKHZ, with each pillar’s weight
PillarNBIZSKHZ
Cost30% weightD25A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightF21A75Higher
Tradability15% weightC50A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC52HigherF20

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. NBIZ 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 NBIZ 39th 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 38DCORDT-Rex 2x Inverse CRWV Daily Target ETFScore 36
  6. Rank 39DNBIZTradr 2X Short NBIS Daily ETFScore 32
  7. Rank 39DRAMZT-Rex 2X Inverse DRAM Daily Target ETFScore 32

Our read on each fund

ETF.net Research

NBIZDTradr 2X Short NBIS Daily ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

NBIZ A one-ticker short on Nebius. NBIZ aims to deliver two times the inverse of NBIS's move over a single trading day, then resets. A trader's instrument in an ETF wrapper, not a position you set and forget.

SKHZ No data

Stated mandate

NBIZ The Fund seeks daily investment results equal to two times the inverse of NBIS’s performance, before fees and expenses. The objective applies only to a single trading day.

SKHZ No data

Why people hold it

  • NBIZ Puts you on the short side of Nebius Group without a margin account or borrowing shares, and the most you can lose is what you put in.
  • A registered 1940 Act fund, so it trades intraday like a stock in an ordinary brokerage account with standard ETF disclosure.
  • Built for short holding periods, and it changes hands regularly through the session, which is what counts when the trade is measured in hours.

SKHZ No data

Worth knowing

  • NBIZ The 2x inverse target applies to one trading day. Hold longer and compounding takes over, so multi-day results can land far from twice the inverse of NBIS's move.
  • The 1.49% expense ratio runs above several 2x inverse single-stock peers, including MSTZ (1.05%) and TSDD (1.13%).
  • Everything rides on one AI-infrastructure stock, and the fund launched in 2026, so there is little history behind it.

SKHZ No data

Full NBIZ profile⁠

Full SKHZ profile⁠

NBIZ 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.

NBIZ vs SKHZ Cost

Overpaying NBIZ vs SKHZ

$11,659

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

  • NBIZ 1.49%

    $26,141

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • NBIZ 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$30K051015202530NBIZ $26,141SKHZ $14,482

Year by year

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

SKHZ cheapest of 43 funds

NBIZ 31st cheapest of 43 funds

NBIZ vs SKHZ Dividends

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

Distribution history

NBIZAll NBIZ payments⁠

No distribution history available.

SKHZAll SKHZ payments⁠

No distribution history available.

NBIZ vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
NBIZ −1.73SKHZ 0.00

Popular comparisons

  • NBIZDvsAAPDA

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

    Expense ratio
    1.49% · 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.

  • NBIZDvsTSDDA

    Tradr 2X Short NBIS Daily ETF · GraniteShares 2x Short TSLA Daily ETF

    Expense ratio
    1.49% · 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.

  • NBIZDvsTSLSA

    Tradr 2X Short NBIS Daily ETF · Direxion Daily TSLA Bear 1X ETF

    Expense ratio
    1.49% · 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.