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SKHZ vs TSLQ

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Tradr 2X Short TSLA Daily ETF

TSLQANasdaq

Overlap

Expense ratio

SKHZ −0.40pt a year

SKHZ0.75%TSLQ1.15%

Avg volume · 30D

TSLQ 3.2×the volume

SKHZ1.9MTSLQ6.03M

SKHZ vs TSLQ Performance

Jul 31, 2026 – Oct 30, 2026

−15.5%SKHZ−45.5%TSLQ

Jul 31, 2026 to Oct 30, 2026. SKHZ −15.5%. TSLQ −45.5%. Use the arrow keys to read each point.−30%0%Jul 2026Sep 2026Oct 2026
Expense ratio
SKHZ 0.75%, better
TSLQ 1.15%
Fund size
SKHZ $4M
TSLQ $103M
1Y total return
SKHZ No data
TSLQ −22.7%
Yield (12M)
SKHZ No data
TSLQ 12.98%
Holdings
SKHZ 2
TSLQ 3
Avg volume (30D)
SKHZ 1.9M sh
TSLQ 6.03M sh, better
NAV per share
SKHZ $11.21
TSLQ $14.78
52W range

ETF.net Grade

SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20. TSLQ: Cost 61, Risk 54, Mission 97, Tradability 90, Holdings not scored, Durability 73.
Pillar letters and Scores for SKHZ, TSLQ, with each pillar’s weight
PillarSKHZTSLQ
Cost30% weightA100HigherB61
Mission25% weightNot scoredA97
Risk15% weightA75HigherC54
Tradability15% weightA71A90Higher
Holdings10% weightNot scoredNot scored
Durability5% weightF20A73Higher

Rank among Single-Stock Inverse funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SKHZ and TSLQ 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 TSLQ 10th 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 8AMSFDDirexion Daily MSFT Bear 1X ETFScore 77
  6. Rank 10ATSLQTradr 2X Short TSLA Daily ETFScore 75
  7. Rank 11ANVDDDirexion Daily NVDA Bear 1X ETFScore 73

Our read on each fund

ETF.net Research

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

TSLQATradr 2X Short TSLA Daily ETF

In short

SKHZ No data

TSLQ A 2022-vintage Tesla bear. TSLQ holds swaps built to move twice the inverse of Tesla's daily change, then resets the clock each session. Fee: 1.15% net of a waiver through July 31, 2027.

Stated mandate

SKHZ No data

TSLQ The fund seeks daily investment results equal to two times the inverse performance of Tesla's common stock, before fees and expenses.

Why people hold it

SKHZ No data

  • TSLQ One job, stated plainly: swap exposure sized to deliver two times the inverse of Tesla's move for a single day, before fees, then reset.tradretfs.com
  • 1.15% net of a waiver through July 31, 2027 (1.21% gross), below the median fee among single-stock bear funds.
  • Listed in July 2022, early for this corner of the market, and among the more actively traded names in its group.
  • Has hewed closely to its stated daily objective, one of the stronger implementations among single-stock bear funds.

Worth knowing

SKHZ No data

  • TSLQ Daily reset: over multiple days results depend on Tesla's path, not just its direction, and can drift well away from twice the inverse.tradretfs.com
  • Cheaper shorts exist: TSDD runs 0.95% net of a waiver through December 31, 2026, and the 1x bear TSLS charges 0.95%.
  • Everything rides on one stock: when Tesla climbs, the 2x inverse exposure magnifies the hit.

Full SKHZ profile⁠

Full TSLQ profile⁠

SKHZ vs TSLQ 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.

SKHZ vs TSLQ Cost

Overpaying TSLQ vs SKHZ

$6,595

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

  • SKHZ 0.75%

    $14,482

  • TSLQ 1.15%

    $21,077

$10,000
30 years

Cost over time

  • SKHZ 0.75%
  • TSLQ 1.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530TSLQ $21,077SKHZ $14,482

Year by year

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

Expense ratio

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

SKHZ cheapest of 43 funds

TSLQ 23rd cheapest of 43 funds

SKHZ vs TSLQ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SKHZ No data
TSLQ 12.98%
Payout (12M)
SKHZ None
TSLQ $1.92
Last payment
SKHZ No data
TSLQ $1.92
Ex-dividend
SKHZ No data
TSLQ Dec 22, 2025
Paid on
SKHZ No data
TSLQ Dec 26, 2025
Frequency
SKHZ No data
TSLQ Annual

Distribution history

Per share, 2025 to 2026, same scale for both

SKHZAll SKHZ payments⁠

No distribution history available.

TSLQAnnual · 1 paymentAll TSLQ payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 22, 2025 $1.92. Use the arrow keys to read each point.$0$22026YTD

SKHZ vs TSLQ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SKHZ No dataTSLQ 92.7%
Return per unit of riskSharpe ratio, 3 years
SKHZ No dataTSLQ −0.88
Worst fallMax drawdown, 5 years
SKHZ No dataTSLQ −99.0%since Jul 2022
Market sensitivityBeta, 5 years
SKHZ 0.00TSLQ −1.96

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