SKDD ETF — GraniteShares 2x Short SK Hynix Daily ETF

GraniteShares 2x Short SK Hynix Daily ETF (SKDD)

Updated October 16, 2026.

SKDD is an ETF linked to SK Hynix. its expense ratio is 2.20%. Total return is 8.7% over the past 0.3 years, 6.9 points ahead of SPY at 1.8%.

This ETF seeks daily investment results that are the inverse of SK Hynix's stock performance, magnified by two times, using financial instruments designed to provide -200% of the underlying stock's daily moves. The fund does not currently distribute income to shareholders and carries an expense ratio of 2.20%. This is a leveraged inverse product designed for active traders seeking short-term tactical positions against SK Hynix, not a vehicle for buy-and-hold investors or those seeking income.

SKDD performance versus SPY

Price and return data through 2026-10-16.

Total return is 8.7% over the past 0.3 years, 6.9 points ahead of SPY at 1.8%.

SKDD key facts

Issuer

GraniteShares

Asset type

ETF

Asset class

Equity

Inception date

07/14/2026

Expense ratio

2.20%

Distribution frequency

Annual

Last close

$12.20 (as of 2026-10-16)

AUM

$24,201,725

Average volume

3586600.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: GraniteShares or company page; Index: SK Hynix; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SKDD risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund.

Who may consider SKDD — and who may not

It is a weaker fit for investors who need monthly cash flow (SKDD pays annual). This is educational context, not a recommendation to buy or sell.

More on SKDD

• All tickers starting with S

Tagged: Leverage, Short, Single.

Frequently asked questions

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