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NVDD vs SKHZ

Direxion Daily NVDA Bear 1X ETF

NVDDANasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZCCboe

Overlap

Expense ratio

SKHZ −0.26pt a year

NVDD1.01%SKHZ0.75%

Avg volume · 30D

SKHZ 9.8×the volume

NVDD194KSKHZ1.9M

NVDD vs SKHZ Performance

Aug 7, 2026 – Nov 9, 2026

+22.6%NVDD−11.2%SKHZ

Aug 7, 2026 to Nov 9, 2026. NVDD +22.6%. SKHZ −11.2%. Use the arrow keys to read each point.−30%−20%0%10%Aug 2026Sep 2026Nov 2026
Expense ratio
NVDD 1.01%
SKHZ 0.75%, better
Fund size
NVDD $21M
SKHZ $7M
1Y total return
NVDD −2.0%
SKHZ No data
Yield (12M)
NVDD 3.75%
SKHZ No data
Holdings
NVDD 4
SKHZ 2
Avg volume (30D)
NVDD 194K sh
SKHZ 1.9M sh, better
NAV per share
NVDD $34.81
SKHZ $12.85
52W range

ETF.net Grade

NVDD: Cost 78, Risk 58, Mission 90, Tradability 38, Holdings not scored, Durability 74. SKHZ: Cost 100, Risk 80, Mission not scored, Tradability 72, Holdings not scored, Durability 27.
Pillar letters and Scores for NVDD, SKHZ, with each pillar’s weight
PillarNVDDSKHZ
Cost30% weightA78A100Higher
Mission25% weightA90Not scored
Risk15% weightB58A80Higher
Tradability15% weightD38A72Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA74HigherD27

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. NVDD 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 ›

NVDD ranks 10th and SKHZ 27th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 9AGGLSDirexion Daily GOOGL Bear 1X ETFScore 75
  2. Rank 10ANVDDDirexion Daily NVDA Bear 1X ETFScore 71
  3. Rank 10AORCSDirexion Daily ORCL Bear 1X ETFScore 71
  4. Rank 27CRKLZDefiance Daily Target 2X Short RKLB ETFScore 40
  5. Rank 27CSKHZLeverage 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

NVDDADirexion Daily NVDA Bear 1X ETF

SKHZCLeverage Shares 1X Short SK Hynix Daily ETF

In short

NVDD A straight one-for-one short on NVIDIA that resets every trading day: no 2x amplifier, no margin account, no hunting for borrowable shares. It also undercuts the other inverse-NVDA ETF on fees.

SKHZ No data

Stated mandate

NVDD The fund seeks daily investment results, before fees and expenses, equal to 100% of the inverse performance of NVIDIA Corporation common shares.

SKHZ No data

Why people hold it

  • NVDD 1.01% a year, cheaper than the typical inverse single-stock fund and a full step below NVDS, the other ETF aimed at inverse NVDA.
  • The mandate is -1x, not -2x. Daily compounding still shapes results, but single-strength inverse drifts less than the double-short bears beside it, like MSTZ and TSDD.
  • Hits its stated daily target about as tightly as anything in the inverse single-stock group, with a live track record since its 2023 launch.
  • It trades like any other ETF ticker rather than a short sale, so there is no margin-call machinery and no exposure beyond what you put in.

SKHZ No data

Worth knowing

  • NVDD The -1x applies to one day at a time. Hold through a choppy stretch and the result can diverge meaningfully from the inverse of NVDA's move over that stretch.
  • One stock, one story. Earnings night, a supply headline, a rival's chip: NVIDIA news drives the entire position, with nothing else to cushion it.
  • A small fund with moderate trading activity, so spreads and execution costs can stack on top of the 1.01% fee.

SKHZ No data

Full NVDD profile⁠

Full SKHZ profile⁠

NVDD 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.

NVDD vs SKHZ Cost

Overpaying NVDD vs SKHZ

$4,368

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

  • NVDD 1.01%

    $18,850

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • NVDD 1.01%
  • 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$20K051015202530NVDD $18,850SKHZ $14,482

Year by year

YearNVDDSKHZOverpaying
10$1,780$1,336$444
20$6,686$5,078$1,608
30$18,850$14,482$4,368

Expense ratio

  • 1.01%NVDD
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

NVDD 10th cheapest of 43 funds

NVDD vs SKHZ Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
NVDD 3.75%
SKHZ No data
Payout (12M)
NVDD $1.36
SKHZ None
Last payment
NVDD $0.49
SKHZ No data
Ex-dividend
NVDD Sep 22, 2026
SKHZ No data
Paid on
NVDD Sep 29, 2026
SKHZ No data
Frequency
NVDD Quarterly
SKHZ No data

Distribution history

Per share, 2023 to 2026, same scale for both

NVDDQuarterly · 13 paymentsAll NVDD payments⁠
One bar per payment. 13 payments from 2023 to 2026 YTD. Dec 8, 2023 $0.03; Dec 21, 2023 $0.26; Mar 19, 2024 $0.12; Jun 25, 2024 $0.05; Sep 24, 2024 $0.07; Dec 23, 2024 $0.08; Mar 25, 2025 $0.05; Jun 24, 2025 $0.04; Sep 23, 2025 $0.04; Dec 23, 2025 $0.34; Mar 24, 2026 $0.26; Jun 23, 2026 $0.28; Sep 22, 2026 $0.49. Use the arrow keys to read each point.$0$0.5020232026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

NVDD vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NVDD 32.7%SKHZ No data
Return per unit of riskSharpe ratio, 3 years
NVDD −2.03SKHZ No data
Worst fallMax drawdown, 5 years
NVDD −89.6%since Sep 2023SKHZ No data
Market sensitivityBeta, 5 years
NVDD −1.72SKHZ −6.28

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