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QCMD vs SKHZ

Direxion Daily QCOM Bear 1X Shares

QCMDCNasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

0.0%by weight

Expense ratio

SKHZ −0.25pt a year

QCMD1.00%SKHZ0.75%

Avg volume · 30D

SKHZ 90.9×the volume

QCMD20.9KSKHZ1.9M

QCMD vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

−14.6%QCMD−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. QCMD −14.6%. SKHZ −15.5%. Use the arrow keys to read each point.−30%−10%0%Jul 2026Sep 2026Oct 2026
Expense ratio
QCMD 1.00%
SKHZ 0.75%, better
Fund size
QCMD $2M
SKHZ $4M
1Y total return
QCMD −14.5%
SKHZ No data
Yield (12M)
QCMD 3.20%
SKHZ No data
Holdings
QCMD 4
SKHZ 2
Avg volume (30D)
QCMD 20.9K sh
SKHZ 1.9M sh, better
NAV per share
QCMD $15.58
SKHZ $11.21
52W range

ETF.net Grade

QCMD: Cost 89, Risk 65, Mission 82, Tradability 32, Holdings not scored, Durability 41. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for QCMD, SKHZ, with each pillar’s weight
PillarQCMDSKHZ
Cost30% weightA89A100Higher
Mission25% weightA82Not scored
Risk15% weightB65A75Higher
Tradability15% weightD32A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC41HigherF20

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. QCMD 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 QCMD 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 28CPALDDirexion Daily PANW Bear 1X ETFScore 40
  6. Rank 28CQCMDDirexion Daily QCOM Bear 1X SharesScore 40
  7. Rank 28CRGTZDefiance Daily Target 2X Short RGTI ETFScore 40

Our read on each fund

ETF.net Research

QCMDCDirexion Daily QCOM Bear 1X Shares

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

QCMD A one-for-one short on Qualcomm in an ETF wrapper: no margin account, no borrow, just -100% of QCOM's move, reset daily. Priced at 1.00% net of a waiver through September 1, 2027.

SKHZ No data

Stated mandate

QCMD The fund seeks daily inverse investment results, before fees and expenses, corresponding to the performance of QUALCOMM Incorporated common shares.

SKHZ No data

Why people hold it

  • QCMD Fee runs 1.00% net of a waiver through September 1, 2027, under the category median and a whisker from the cheapest bear funds around (AAPD 0.96%, TSLS 0.95%).
  • Inverse, not leveraged: the daily target is -100% of QCOM, not -200% or -300%, so a bad day lands one-for-one instead of magnified.direxion.com
  • Short exposure to one chipmaker that trades like any share: no short sale to arrange, no borrow to locate, no margin account required.direxion.com

SKHZ No data

Worth knowing

  • QCMD Daily reset means multi-day results compound. Hold past one session and your return can drift from -100% of QCOM's move over that stretch, especially in choppy tape.direxion.com
  • The 1.00% is a waived price. Gross runs 2.76%, so the cost can step up if the waiver is not renewed after September 1, 2027.
  • A small fund that trades lightly next to the headline single-stock bear names, which can mean wider spreads getting in and out.

SKHZ No data

Full QCMD profile⁠

Full SKHZ profile⁠

QCMD vs SKHZ Holdings

How QCMD and SKHZ differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of QCMD and 0.0% of SKHZ.

Level by level

  • Asset classLeveraged/Inverse, Equity0.0%
  • Holdings0 in both0.0%
  • Countryby domicile100%

Sector

No Sector split for QCMD and SKHZ.

Country, concentration and asset class

Country by domicile

Country weights in QCMD and SKHZ, widest gap first
CountryMore in QCMDMore in SKHZ
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • QCMD1985.2%
  • SKHZ199.9%

Securities held

  • QCMD0
  • SKHZ1

Asset class

QCMD
Leveraged/Inverse
SKHZ
Equity

Holdings

  • Only in QCMD0
  • In both0
  • Only in SKHZ1

Only in QCMD

0 securities, 0.0% of QCMD by weight

Only in SKHZ

1 security, 54.6% of SKHZ by weight

  • First American Treasury Obligations Fund 01/01/204054.56%

Weight gaps

QCMD and SKHZ share no securities.

All 3 QCMD holdings⁠All 4 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.

QCMD vs SKHZ Cost

Overpaying QCMD vs SKHZ

$4,206

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

  • QCMD 1.00%

    $18,688

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • QCMD 1.00%
  • 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$20K051015202530QCMD $18,688SKHZ $14,482

Year by year

YearQCMDSKHZOverpaying
10$1,763$1,336$427
20$6,625$5,078$1,547
30$18,688$14,482$4,206

Expense ratio

  • 1.00%QCMD
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

QCMD 8th cheapest of 43 funds

QCMD vs SKHZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
QCMD 3.20%
SKHZ No data
Payout (12M)
QCMD $0.55
SKHZ None
Last payment
QCMD $0.11
SKHZ No data
Ex-dividend
QCMD Sep 22, 2026
SKHZ No data
Paid on
QCMD Sep 29, 2026
SKHZ No data
Frequency
QCMD Quarterly
SKHZ No data

Distribution history

Per share, 2025 to 2026, same scale for both

QCMDQuarterly · 5 paymentsAll QCMD payments⁠
One bar per payment. 5 payments from 2025 to 2026 YTD. Sep 23, 2025 $0.20; Dec 23, 2025 $0.19; Mar 24, 2026 $0.13; Jun 23, 2026 $0.13; Sep 22, 2026 $0.11. Use the arrow keys to read each point.$0$0.202026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

QCMD vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
QCMD 59.4%since Jul 2025SKHZ No data
Return per unit of riskSharpe ratio, 3 years
QCMD −0.15since Jul 2025SKHZ No data
Worst fallMax drawdown, 5 years
QCMD −56.0%since Jun 2025SKHZ No data
Market sensitivityBeta, 5 years
QCMD −3.60SKHZ 0.00

QCMD and SKHZ in the news

All news⁠

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