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PLTZ vs SKHZ

Daily Target 2X Short PLTR ETF

PLTZBNasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.56pt a year

PLTZ1.31%SKHZ0.75%

Avg volume · 30D

PLTZ 1.8×the volume

PLTZ3.5MSKHZ1.9M

PLTZ vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

−74.3%PLTZ−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. PLTZ −74.3%. SKHZ −15.5%. Use the arrow keys to read each point.−60%−40%0%Jul 2026Sep 2026Oct 2026
Expense ratio
PLTZ 1.31%
SKHZ 0.75%, better
Fund size
PLTZ $31M
SKHZ $4M
1Y total return
PLTZ −65.6%
SKHZ No data
Holdings
PLTZ 3
SKHZ 2
Avg volume (30D)
PLTZ 3.5M sh, better
SKHZ 1.9M sh
NAV per share
PLTZ $7.74
SKHZ $11.21
52W range

ETF.net Grade

PLTZ: Cost 49, Risk 50, Mission 95, Tradability 64, Holdings not scored, Durability 65. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for PLTZ, SKHZ, with each pillar’s weight
PillarPLTZSKHZ
Cost30% weightC49A100Higher
Mission25% weightA95Not scored
Risk15% weightC50A75Higher
Tradability15% weightB64A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB65HigherF20

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. PLTZ 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 PLTZ 18th 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 17BMSTZT-REX 2X Inverse MSTR Daily Target ETFScore 67
  6. Rank 18BPLTZDaily Target 2X Short PLTR ETFScore 65
  7. Rank 19BNVDQT-REX 2X Inverse NVIDIA Daily Target ETFScore 64

Our read on each fund

ETF.net Research

PLTZBDaily Target 2X Short PLTR ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

PLTZ Palantir's double-dose bear trade. PLTZ aims for two times the inverse of PLTR's daily move using swaps and options, with a daily reset that makes it a short-horizon tool rather than a set-and-forget short.

SKHZ No data

Stated mandate

PLTZ The Fund seeks daily investment results equal to two times the inverse of the daily percentage change in Palantir Technologies Inc. common stock, using swaps and/or listed options.

SKHZ No data

Why people hold it

  • PLTZ Twice the dose. PLTZ targets -2x Palantir's daily move, while Direxion's Palantir bear fund is built at 1x. Same thesis, double the daily sensitivity.direxion.com
  • Hits what it promises: the fund has tracked its stated -2x daily objective closely, and it stands in the upper half of the single-stock bear group overall.
  • At 1.31% with no waiver in play, the fee lands near the category median. Cheaper 1x bears exist, like SKHZ at 0.75%, but they move one-for-one, not two.
  • It is a 1940-Act fund using swaps and listed options, so the short exposure arrives as a share in a regular brokerage account, with no stock borrow to locate.defianceetfs.com

SKHZ No data

Worth knowing

  • PLTZ The -2x target resets every day. Hold longer and compounding takes over, so multi-day results can drift well away from twice the inverse of PLTR's move.defianceetfs.com
  • One stock, one direction. Everything rides on Palantir, a famously jumpy name, and the 2x multiple magnifies those swings in both directions.
  • Launched in 2025 and still a small fund, it trades actively but has a shorter track record than the 1x bear veterans it competes with.

SKHZ No data

Full PLTZ profile⁠

Full SKHZ profile⁠

PLTZ 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.

PLTZ vs SKHZ Cost

Overpaying PLTZ vs SKHZ

$9,037

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

  • PLTZ 1.31%

    $23,519

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • PLTZ 1.31%
  • 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$25K051015202530PLTZ $23,519SKHZ $14,482

Year by year

YearPLTZSKHZOverpaying
10$2,280$1,336$944
20$8,450$5,078$3,372
30$23,519$14,482$9,037

Expense ratio

  • 1.31%PLTZ
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

PLTZ 27th cheapest of 43 funds

PLTZ vs SKHZ Dividends

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

Distribution history

PLTZAll PLTZ payments⁠

No distribution history available.

SKHZAll SKHZ payments⁠

No distribution history available.

PLTZ vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PLTZ 109.7%since Jul 2025SKHZ No data
Return per unit of riskSharpe ratio, 3 years
PLTZ −0.72since Jul 2025SKHZ No data
Worst fallMax drawdown, 5 years
PLTZ −91.0%since Jun 2025SKHZ No data
Market sensitivityBeta, 5 years
PLTZ −1.36SKHZ 0.00

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