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NVDQ vs SKHZ

T-REX 2X Inverse NVIDIA Daily Target ETF

NVDQBCboe

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.30pt a year

NVDQ1.05%SKHZ0.75%

Avg volume · 30D

NVDQ 2.9×the volume

NVDQ5.51MSKHZ1.9M

NVDQ vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

−12.7%NVDQ−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. NVDQ −12.7%. SKHZ −15.5%. Use the arrow keys to read each point.−30%0%Jul 2026Sep 2026Oct 2026
Expense ratio
NVDQ 1.05%
SKHZ 0.75%, better
Fund size
NVDQ $17M
SKHZ $4M
1Y total return
NVDQ −34.8%
SKHZ No data
Yield (12M)
NVDQ 0.44%
SKHZ No data
Holdings
NVDQ 2
SKHZ 2
Avg volume (30D)
NVDQ 5.51M sh, better
SKHZ 1.9M sh
NAV per share
NVDQ $9.14
SKHZ $11.21
52W range

ETF.net Grade

NVDQ: Cost 65, Risk 33, Mission 92, Tradability 50, Holdings not scored, Durability 58. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for NVDQ, SKHZ, with each pillar’s weight
PillarNVDQSKHZ
Cost30% weightB65A100Higher
Mission25% weightA92Not scored
Risk15% weightD33A75Higher
Tradability15% weightC50A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB58HigherF20

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. NVDQ 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 NVDQ 19th 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 18BPLTZDaily Target 2X Short PLTR ETFScore 65
  6. Rank 19BNVDQT-REX 2X Inverse NVIDIA Daily Target ETFScore 64
  7. Rank 20BMUDDirexion Daily MU Bear 1X ETFScore 60

Our read on each fund

ETF.net Research

NVDQBT-REX 2X Inverse NVIDIA Daily Target ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

NVDQ One ticker, one bet: NVDQ aims to deliver 200% of the inverse of Nvidia's daily move, so a 1% slip in NVDA targets a 2% gain that day. T-REX built it as a day-trader's tool, and the math resets every session.

SKHZ No data

Stated mandate

NVDQ The Fund seeks daily investment results, before fees and expenses, equal to 200% of the inverse of NVDA's daily performance. It is designed as a short-term trading vehicle and does not target results beyond a single trading day.

SKHZ No data

Why people hold it

  • NVDQ Bearish on Nvidia without a margin account or borrowed shares: the fund targets 200% of the inverse of NVDA's one-day move inside a plain brokerage trade.rexshares.com
  • At 1.05% a year it sits at the cheaper end of the leveraged single-stock aisle, matching stablemate MSTZ and undercutting the typical inverse peer.
  • Day-to-day delivery has stayed close to the stated -2x target, one of the stronger implementations among inverse single-stock funds.
  • Running since 2023 and among the more actively traded names in this narrow corner of the market, which matters when the holding period is measured in hours.

SKHZ No data

Worth knowing

  • NVDQ The leverage resets daily. Hold longer than a session and results can drift well away from -2x, and choppy back-and-forth in NVDA erodes value.
  • It cuts both ways: a 1% up day in NVDA targets roughly a 2% loss for the fund that day.
  • 1.05% is many times a broad index fund's fee, and the fund's own documents describe it as a short-term trading vehicle, not a long-hold position.rexshares.com

SKHZ No data

Full NVDQ profile⁠

Full SKHZ profile⁠

NVDQ 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.

NVDQ vs SKHZ Cost

Overpaying NVDQ vs SKHZ

$5,013

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

  • NVDQ 1.05%

    $19,495

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • NVDQ 1.05%
  • 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$20K051015202530NVDQ $19,495SKHZ $14,482

Year by year

YearNVDQSKHZOverpaying
10$1,847$1,336$511
20$6,927$5,078$1,849
30$19,495$14,482$5,013

Expense ratio

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

SKHZ cheapest of 43 funds

NVDQ 20th cheapest of 43 funds

NVDQ vs SKHZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
NVDQ 0.44%
SKHZ No data
Payout (12M)
NVDQ $0.04
SKHZ None
Last payment
NVDQ $0.04
SKHZ No data
Ex-dividend
NVDQ Dec 24, 2025
SKHZ No data
Paid on
NVDQ Dec 26, 2025
SKHZ No data
Frequency
NVDQ Annual
SKHZ No data

Distribution history

Per share, 2024 to 2026, same scale for both

NVDQAnnual · 2 paymentsAll NVDQ payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 24, 2024 $3.05; Dec 24, 2025 $0.04. Use the arrow keys to read each point.$0$2.502026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

NVDQ vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NVDQ 60.6%SKHZ No data
Return per unit of riskSharpe ratio, 3 years
NVDQ −2.40SKHZ No data
Worst fallMax drawdown, 5 years
NVDQ −99.6%since Oct 2023SKHZ No data
Market sensitivityBeta, 5 years
NVDQ −2.94SKHZ 0.00

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