SKUU ETF — GraniteShares 2x Long SK Hynix Daily ETF

GraniteShares 2x Long SK Hynix Daily ETF (SKUU)

Updated October 16, 2026.

SKUU is an ETF linked to SK Hynix. its expense ratio is 1.50%. Total return is -61.0% over the past 0.3 years, 62.8 points behind SPY at 1.8%.

This ETF seeks to deliver twice the daily performance of SK Hynix, a South Korean semiconductor manufacturer, through leveraged financial instruments. The fund does not currently distribute income to shareholders and carries an expense ratio of 1.50%. This product is designed for active traders seeking amplified exposure to SK Hynix stock price movements on a short-term basis, not for buy-and-hold income investors.

SKUU performance versus SPY

Price and return data through 2026-10-16.

Total return is -61.0% over the past 0.3 years, 62.8 points behind SPY at 1.8%.

SKUU key facts

Issuer

GraniteShares

Asset type

ETF

Asset class

Equity

Inception date

07/14/2026

Expense ratio

1.50%

Distribution frequency

Annual

Last close

$15.05 (stale; as of 2026-10-16)

AUM

$157,318,786

Average volume

2716300.0

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.

SKUU risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window.

Who may consider SKUU — and who may not

It is a weaker fit for investors who need monthly cash flow (SKUU pays annual); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on SKUU

• All tickers starting with S

Tagged: Leverage, Single.

Frequently asked questions

More securities from GraniteShares.