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NFXS vs SKHZ

Direxion Daily NFLX Bear 1X ETF

NFXSCNasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.28pt a year

NFXS1.03%SKHZ0.75%

Avg volume · 30D

SKHZ 84.2×the volume

NFXS22.5KSKHZ1.9M

NFXS vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

+14.1%NFXS−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. NFXS +14.1%. SKHZ −15.5%. Use the arrow keys to read each point.−30%−10%0%Jul 2026Sep 2026Oct 2026
Expense ratio
NFXS 1.03%
SKHZ 0.75%, better
Fund size
NFXS $3M
SKHZ $4M
1Y total return
NFXS +69.4%
SKHZ No data
Yield (12M)
NFXS 2.16%
SKHZ No data
Holdings
NFXS 4
SKHZ 2
Avg volume (30D)
NFXS 22.5K sh
SKHZ 1.9M sh, better
NAV per share
NFXS $24.19
SKHZ $11.21
52W range

ETF.net Grade

NFXS: Cost 69, Risk 96, Mission 97, Tradability 25, Holdings not scored, Durability 51. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for NFXS, SKHZ, with each pillar’s weight
PillarNFXSSKHZ
Cost30% weightB69A100Higher
Mission25% weightA97Not scored
Risk15% weightA96HigherA75
Tradability15% weightD25A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC51HigherF20

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. NFXS 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 NFXS 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 28CCSCSDirexion Daily CSCO Bear 1X ETFScore 40
  6. Rank 28CNFXSDirexion Daily NFLX Bear 1X ETFScore 40
  7. Rank 28CPALDDirexion Daily PANW Bear 1X ETFScore 40

Our read on each fund

ETF.net Research

NFXSCDirexion Daily NFLX Bear 1X ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

NFXS Shorting Netflix without a margin account or a borrow: NFXS aims to deliver 100% of the inverse of NFLX's one-day move. Direxion runs the bull side of this pair at 2x and the bear side at 1x, so it's a straight short, not an amplified one.

SKHZ No data

Stated mandate

NFXS The fund seeks daily investment results equal to 100% of the inverse of Netflix common shares' performance, before fees and expenses.

SKHZ No data

Why people hold it

  • NFXS One-to-one inverse exposure, built with swaps rather than borrowed stock, so a bearish Netflix view fits in a regular brokerage account with no short-sale mechanics to manage.sec.gov
  • Costs 1.03% a year, net of a waiver through September 1, 2027 (1.13% gross), which sits below the median fee in a category of 54 single-stock bear funds.
  • Has tracked its stated one-day inverse target closely since launching in 2024, which is the whole job for a daily-reset fund.
  • The unlevered half of Direxion's NFLX pair: NFXL targets 200% of the stock's daily move, NFXS targets -100%, so you pick the short without the leverage.direxion.com

SKHZ No data

Worth knowing

  • NFXS The target resets every day. Hold longer than a day and compounding can push results away from -100% of the stock's move over that stretch, especially in choppy markets.sec.gov
  • A small fund that trades lightly next to the biggest single-stock bear ETFs, so spreads can widen. Limit orders matter more here.
  • Direxion's AAPL bear 1X, AAPD, charges 0.96% with no waiver attached, a reminder that bear 1X pricing varies across the lineup.

SKHZ No data

Full NFXS profile⁠

Full SKHZ profile⁠

NFXS 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.

NFXS vs SKHZ Cost

Overpaying NFXS vs SKHZ

$4,691

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

  • NFXS 1.03%

    $19,173

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • NFXS 1.03%
  • 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$20K051015202530NFXS $19,173SKHZ $14,482

Year by year

YearNFXSSKHZOverpaying
10$1,814$1,336$478
20$6,807$5,078$1,729
30$19,173$14,482$4,691

Expense ratio

  • 1.03%NFXS
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

NFXS 18th cheapest of 43 funds

NFXS vs SKHZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
NFXS 2.16%
SKHZ No data
Payout (12M)
NFXS $0.52
SKHZ None
Last payment
NFXS $0.13
SKHZ No data
Ex-dividend
NFXS Sep 22, 2026
SKHZ No data
Paid on
NFXS Sep 29, 2026
SKHZ No data
Frequency
NFXS Quarterly
SKHZ No data

Distribution history

Per share, 2024 to 2026, same scale for both

NFXSQuarterly · 8 paymentsAll NFXS payments⁠
One bar per payment. 8 payments from 2024 to 2026 YTD. Dec 23, 2024 $0.17; Mar 25, 2025 $0.15; Jun 24, 2025 $0.08; Sep 23, 2025 $0.21; Dec 23, 2025 $0.16; Mar 24, 2026 $0.08; Jun 23, 2026 $0.15; Sep 22, 2026 $0.13. Use the arrow keys to read each point.$0$0.252026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

NFXS vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NFXS 37.5%since Nov 2024SKHZ No data
Return per unit of riskSharpe ratio, 3 years
NFXS 0.21since Nov 2024SKHZ No data
Worst fallMax drawdown, 5 years
NFXS −50.4%since Oct 2024SKHZ No data
Market sensitivityBeta, 5 years
NFXS −0.29SKHZ 0.00

Popular comparisons

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

    Expense ratio
    1.03% · 0.96%
    Category
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  • SKHZAvsAAPDA

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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
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