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At close · Tue, Jul 14, 2026
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Home›ETFs & Funds›ETFs›Direxion launches a 2x daily ETF tied to SK Hynix ADR…

Direxion launches a 2x daily ETF tied to SK Hynix ADR performance

The fund is designed to target 200% of the daily performance of SK Hynix’s U.S. ADR, trading under the ticker SKHL.

Reported · Written up by our desk · ETFs

MarketWatch reports that Direxion has launched the Direxion Daily SK Hynix Bull 2X ETF, SKHL, aiming to provide leveraged exposure to SK Hynix’s American depositary receipts.

The ETF is structured to target 200% of the daily performance of SK Hynix ADRs listed under the ticker SKHY.

SK Hynix listed its ADRs on the Nasdaq earlier in July, and MarketWatch says the debut has been met with enthusiasm from U.S. investors, alongside noticeable volatility.

The new product follows other recently launched leveraged SK Hynix-linked ETFs and offerings from providers including Corgi, T-REX, GraniteShares, and Leverage Shares.

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Sources

MarketWatchWhat the launch of SK Hynix leveraged ETFs tells us about the hottest trade on Wall Street
MarketWatchWhat the launch of SK Hynix leveraged ETFs tells us about the hottest trade on Wall Street

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