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NVDS vs SKHZ

Tradr 1.5X Short NVDA Daily ETF

NVDSBNasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.40pt a year

NVDS1.15%SKHZ0.75%

Avg volume · 30D

SKHZ 6.9×the volume

NVDS274KSKHZ1.9M

NVDS vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

−7.0%NVDS−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. NVDS −7.0%. SKHZ −15.5%. Use the arrow keys to read each point.−30%−20%0%Jul 2026Sep 2026Oct 2026
Expense ratio
NVDS 1.15%
SKHZ 0.75%, better
Fund size
NVDS $12M
SKHZ $4M
1Y total return
NVDS −18.5%
SKHZ No data
Yield (12M)
NVDS 19.29%
SKHZ No data
Holdings
NVDS 2
SKHZ 2
Avg volume (30D)
NVDS 274K sh
SKHZ 1.9M sh, better
NAV per share
NVDS $20.65
SKHZ $11.21
52W range

ETF.net Grade

NVDS: Cost 61, Risk 53, Mission 99, Tradability 53, Holdings not scored, Durability 55. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for NVDS, SKHZ, with each pillar’s weight
PillarNVDSSKHZ
Cost30% weightB61A100Higher
Mission25% weightA99Not scored
Risk15% weightC53A75Higher
Tradability15% weightC53A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB55HigherF20

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. NVDS 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 NVDS 15th 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 14ANVDGraniteShares 2x Short NVDA Daily ETFScore 70
  6. Rank 15BNVDSTradr 1.5X Short NVDA Daily ETFScore 68
  7. Rank 15BTSLZT-REX 2X Inverse Tesla Daily Target ETFScore 68

Our read on each fund

ETF.net Research

NVDSBTradr 1.5X Short NVDA Daily ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

NVDS The original inverse NVIDIA ETF, trading since 2022, and the one that dials short exposure to 1.5x instead of 1x. Built for a single session at a time, at 1.15% net of a waiver through July 31, 2027.

SKHZ No data

Stated mandate

NVDS The fund seeks daily investment results equal to one and a half times the inverse performance of NVIDIA common shares. It is designed to pursue this objective for a single trading day.

SKHZ No data

Why people hold it

  • NVDS The first-mover: listed July 2022, over a year before Direxion's bear NVDA fund (NVDD) arrived in September 2023. Longest live history in inverse-NVDA land.direxion.com
  • 1.5x short, not 1x. Each dollar carries one and a half dollars of inverse NVDA exposure, versus the 1x of NVDD, so less capital is tied up for the same short notional.direxion.com
  • 1.15% net of a waiver through July 31, 2027, below the median fee in the leveraged-bear single-stock group.
  • Day-to-day delivery of the stated -1.5x objective has been tight, and the fund sits in the upper half of its bear single-stock peer group.

SKHZ No data

Worth knowing

  • NVDS The objective resets every day. Hold past one session and NVDA's path, not just its direction, drives the outcome; compounding can pull results away from -1.5x.
  • Leverage cuts both ways: an up day in NVDA lands one and a half times as hard. One stock, one chip cycle, no diversification to soften it.
  • A small fund that trades moderately rather than heavily, so spreads deserve a look. Gross fee is 1.56% if the waiver lapses after July 31, 2027.

SKHZ No data

Full NVDS profile⁠

Full SKHZ profile⁠

NVDS 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.

NVDS vs SKHZ Cost

Overpaying NVDS vs SKHZ

$6,595

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

  • NVDS 1.15%

    $21,077

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • NVDS 1.15%
  • 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$20K$25K051015202530NVDS $21,077SKHZ $14,482

Year by year

YearNVDSSKHZOverpaying
10$2,015$1,336$679
20$7,521$5,078$2,443
30$21,077$14,482$6,595

Expense ratio

  • 1.15%NVDS
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

NVDS 23rd cheapest of 43 funds

NVDS vs SKHZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
NVDS 19.29%
SKHZ No data
Payout (12M)
NVDS $3.97
SKHZ None
Last payment
NVDS $3.97
SKHZ No data
Ex-dividend
NVDS Dec 23, 2025
SKHZ No data
Paid on
NVDS Dec 26, 2025
SKHZ No data
Frequency
NVDS Annual
SKHZ No data

Distribution history

Per share, 2022 to 2026, same scale for both

NVDSAnnual · 4 paymentsAll NVDS payments⁠
One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 27, 2022 $169.43; Dec 26, 2023 $64.08; Dec 23, 2024 $10.76; Dec 23, 2025 $3.97. Use the arrow keys to read each point.$0$10020232026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

NVDS vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NVDS 44.2%SKHZ No data
Return per unit of riskSharpe ratio, 3 years
NVDS −2.05SKHZ No data
Worst fallMax drawdown, 5 years
NVDS −99.5%since Jul 2022SKHZ No data
Market sensitivityBeta, 5 years
NVDS −2.23SKHZ 0.00

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