Corgi SK Hynix 2x Daily ETF (SK) Is Now Trading: The Lowest-Cost 2x Long SK Hynix ETF at a 0.50% Expense Ratio

Rhea-AI Summary

Corgi launched the Corgi SK Hynix 2x Daily ETF (Cboe BZX: SK), which seeks daily investment results, before fees and expenses, corresponding to 2x the daily performance of the American Depositary Receipt of SK hynix Inc. (Nasdaq: SKHY). The fund carries a 0.50% net expense ratio, which Corgi describes as the lowest among U.S.-listed 2x long ETFs on the SK hynix ADR now trading.

Competing 2x long SK Hynix ETFs list net expense ratios of 0.75% (Leverage Shares SKHX), 0.95% (ProShares SKHU), 1.25% (T-REX HYNX), and 1.50% (GraniteShares SKUU), as of July 14, 2026. The ETF is listed on Cboe BZX Exchange and is intended for sophisticated investors who monitor leveraged positions daily.

Positive

• 0.50% net expense ratio, described as lowest among U.S.-listed 2x SK Hynix ADR ETFs as of July 14, 2026
• Provides 2x daily exposure to SK hynix ADR performance in a listed, transparent ETF structure
• Competing 2x SK Hynix ETFs show higher stated expense ratios of 0.75%–1.50%, as of July 14, 2026

Negative

• Fund offers 2x daily leverage on a single stock ADR, which the company notes involves significant risk and suits sophisticated investors only
• Investors may incur additional brokerage, platform, custodial, advisory, and other fees beyond the ETF’s 0.50% expense ratio

Market reaction after SK Hynix 2x ETF launch: SKHY +27.29% in the Jul 14 session

+27.29%

65 alerts

+27.29% Session close to close

+20.1% Peak in 11 hr 58 min

$1.38T Market Cap

1.2x Rel. Volume

In the Jul 14 session, SKHY gained 27.29%, reflecting a significant positive market reaction. Argus tracked a peak move of +20.1% during that session. Our momentum scanner triggered 65 alerts that day, indicating high trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +27.3% in the session following this news. A strong upside move could be tied to at...

Analysis

The stock surged +27.3% in the session following this news. A strong upside move could be tied to attention on the new 2x ETF’s 0.50% expense ratio versus higher peers. With no prior news-reaction pattern available, positioning risk in leveraged products and SKHY trading near its 52-week low could still challenge sustainability.

Key Figures

Fund expense ratio: 0.50% Peer expense ratios range: 0.75%–1.50% Leverage target: 2x +5 more

8 metrics

Fund expense ratio 0.50% Corgi SK Hynix 2x Daily ETF net expense ratio

Peer expense ratios range 0.75%–1.50% Other 2x long SK Hynix ETFs now trading

Leverage target 2x Daily performance of ADR of SK hynix Inc.

Leverage Shares SKHX expense ratio 0.75% Competing 2x long SK Hynix ETF

ProShares SKHU expense ratio 0.95% Competing 2x long SK Hynix ETF

T-REX HYNX expense ratio 1.25% Competing 2x long SK Hynix ETF

GraniteShares SKUU expense ratio 1.50% Competing 2x long SK Hynix ETF

Leveraged ETF lineup size more than 175 Number of leveraged ETFs in Corgi lineup as of July 14, 2026

Key Terms

american depositary receipt, expense ratio, leveraged etfs, broker-dealers

4 terms

american depositary receipt financial

"daily performance of the American Depositary Receipt (ADR) of SK hynix Inc."

An American depositary receipt (ADR) is a certificate that represents shares of a foreign company traded on U.S. stock exchanges. It allows investors to buy and sell parts of a foreign company's stock easily, much like purchasing shares of a company based in their own country. ADRs make international investing more convenient and accessible for U.S. investors.

expense ratio financial

"has the lowest expense ratio of any 2x long SK Hynix ETF, at 0.50%"

The expense ratio is the annual fee a mutual fund or exchange-traded fund charges to cover its operating costs, shown as a percentage of the fund’s assets. Think of it like a yearly maintenance or subscription fee that quietly reduces your investment’s returns; even small differences matter over time because the fee compounds against your gains. Investors compare expense ratios to judge how much of their returns will be eaten by fund costs.

View in glossary

leveraged etfs financial

"Leveraged ETFs involve significant risk and are designed primarily for sophisticated investors"

Leveraged ETFs are exchange-traded funds designed to amplify the daily performance of an underlying index or asset, often by two or three times, using financial techniques to boost gains and losses. They matter to investors because they can act like a financial magnifying glass—quickly increasing profits in short-term moves but also rapidly increasing losses, so they are typically used for short-term trading or tactical bets rather than long-term investing.

broker-dealers financial

"can be bought and sold throughout the trading day through broker-dealers and other financial intermediaries"

A broker-dealer is a firm or individual that helps people buy and sell securities and may also trade those securities for its own account. Think of it like a market clerk who can either match a buyer with a seller or sell items from the shop’s shelves; investors rely on broker-dealers to execute trades, custody assets, provide market access and advice, and their actions and fees can affect trade speed, cost and potential conflicts of interest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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The Corgi SK Hynix 2x Daily ETF (Cboe BZX: SK) has the lowest expense ratio of any 2x long SK Hynix ETF, at 0.50%, compared with 0.75% to 1.50% for other 2x long SK Hynix ETFs now trading.*

NEW YORK, July 14, 2026 /PRNewswire/ -- Corgi, an AI fintech startup, announced that the Corgi SK Hynix 2x Daily ETF (Cboe BZX: SK) is now trading on Cboe BZX Exchange. The Fund seeks daily investment results, before fees and expenses, corresponding to 2x the daily performance of the American Depositary Receipt (ADR) of SK hynix Inc. (Nasdaq: SKHY).

At a 0.50% net expense ratio, the Corgi SK Hynix 2x Daily ETF is the lowest-cost of the U.S.-listed 2x long ETFs on the ADR of SK hynix Inc. now trading.*

The Lowest-Cost Way to Trade 2x SK Hynix

For investors searching for the lowest-cost 2x SK Hynix ETF, the Corgi SK Hynix 2x Daily ETF (SK) offers the lowest expense ratio in the category at 0.50%.* Competing 2x long SK Hynix ETFs carry net expense ratios of 0.75% (Leverage Shares SKHX), 0.95% (ProShares SKHU), 1.25% (T-REX HYNX), and 1.50% (GraniteShares SKUU), as of July 14, 2026 and subject to change.* In daily leveraged products, where positions are actively rebalanced and trading costs can affect fund expenses over time, the expense ratio is an important consideration for investors.

Why SK Hynix

SK hynix Inc. is currently one of the world's largest memory semiconductor suppliers and a leading producer of the high-bandwidth memory (HBM) that AI accelerators depend on. The Corgi SK Hynix 2x Daily ETF seeks to give investors 2x daily exposure to this single name in a listed, transparent, exchange-traded structure, and is intended for sophisticated investors who monitor their positions daily.

"Costs are an important consideration for investors using daily leveraged ETFs, and our goal is to give investors access to leverage at a competitive cost," said Anthony Crinieri, Portfolio Manager at Corgi Funds. "SK joins a broad lineup of more than 175 leveraged ETFs, as of July 14, 2026, designed to give investors access to leveraged investment strategies at competitive expense ratios."

The Fund is listed on Cboe BZX Exchange and can be bought and sold throughout the trading day through broker-dealers and other financial intermediaries. Investors may pay brokerage commissions and may also incur platform, custodial, advisory, and other fees or expenses charged by their financial intermediary. Leveraged ETFs involve significant risk and are designed primarily for sophisticated investors managing positions daily. Expense ratios are only one factor to consider when evaluating an investment.

About Corgi

Founded in 2025, Corgi is an AI Financial Infrastructure Company seeking to create innovative products in insurance and finance. We are seeking to build the foundation for a new generation of financial services, with AI and technology at the core from day one. To learn more about Corgi, follow us on LinkedIn, on X, or at www.corgifunds.com.

Important Information

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Fund and should be read carefully before investing. A copy of the prospectus is available at www.corgifunds.com.

Investing involves risk, including possible loss of principal. There is no guarantee that the Fund will achieve its investment objective. The Fund does not invest directly in the securities of SK hynix Inc.

Leveraged ETFs seek to provide a multiple of the daily performance of an underlying security or index, before fees and expenses. Due to daily compounding, returns over periods longer than one day may differ significantly from the stated multiple.

The Fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of its underlying security for a single day. This is measured from one net asset value calculation to the next. The Fund does not seek to achieve its stated investment objective over periods longer than one trading day. Due to the effects of compounding, the Fund's performance over periods longer than one day may differ significantly from two times (2x) the performance of the underlying security over the same period, particularly during periods of increased market volatility.

The use of leverage magnifies both gains and losses and may result in significant losses. A relatively small movement in the underlying security can result in a substantially larger movement in the value of the Fund's shares. The underlying ADR may experience heightened volatility, particularly in the initial period following its U.S. listing. The Fund uses derivatives, including swap agreements, to obtain leveraged exposure, which may expose the Fund to additional risks, including counterparty risk, liquidity risk, valuation risk, and tracking error. The Fund is non-diversified and concentrates its exposure in a single issuer, so the Fund's performance depends heavily on the performance of that one security and will be more volatile than a diversified fund. The Fund is intended for sophisticated investors who understand the risks associated with leveraged investment strategies and who intend to monitor and manage their investments actively. The Fund is not intended for buy-and-hold investors.

Depositary Receipts Risk. The Fund obtains exposure through instruments referencing sponsored depositary receipts. A depositary receipt's market value may diverge from the underlying common stock because the two trade in different markets, hours, and currencies. Depositary receipts carry the credit, custody, and operational risk of the depositary bank, and currency fluctuations between the U.S. dollar and the South Korean won will affect their value.

SK hynix Inc. is not affiliated with Corgi Strategies, LLC, Corgi, or Paralel Distributors, LLC, and has not sponsored, endorsed, sold, or promoted the Fund and makes no representation regarding the advisability of investing in the Fund.

The Fund is newly organized and has limited or no operating history. ETF shares trade at market price (not NAV), are not individually redeemable, and may trade at a premium or discount to NAV. Brokerage commissions will reduce returns.

This release is informational only and not an offer or solicitation; offers are made only by prospectus.

*Expense ratio comparison among U.S.-listed 2x long ETFs on the ADR of SK hynix Inc., based on net expense ratios obtained from each fund's prospectus, fact sheet, and fund page as of July 14, 2026: Corgi SK Hynix 2x Daily ETF (SK) 0.50%; Leverage Shares 2x Long SK Hynix Daily ETF (SKHX) 0.75%; ProShares Ultra SK Hynix ETF (SKHU) 0.95%; GraniteShares 2x Long SK Hynix Daily ETF (SKUU) 1.50%; T-REX 2X Long SK Hynix Daily Target ETF (HYNX) 1.25%. Expense ratios are subject to change and new funds may launch, which could affect these comparisons.

Paralel Distributors, LLC (Member FINRA/SIPC) is the distributor. Corgi Strategies, LLC is the adviser. Paralel is unaffiliated with Corgi Strategies, LLC and Corgi. Control No.: COR122

Media Contact

Erika Lee
Corgi Funds
erika@corgi.com

Justin Graiber
Corgi Funds
justin@corgi.com

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SOURCE Corgi Funds

FAQ

What is the Corgi SK Hynix 2x Daily ETF (Cboe BZX: SK) and how does it work?

The Corgi SK Hynix 2x Daily ETF (SK) seeks daily investment results equal to 2x the SK hynix ADR’s daily performance. According to Corgi, it uses a leveraged structure to provide twice the ADR’s daily move, before fees and expenses, in an exchange-traded format.

What is the expense ratio of the Corgi SK Hynix 2x Daily ETF (SK) and how does it compare to rivals?

The Corgi SK Hynix 2x Daily ETF has a 0.50% net expense ratio. According to Corgi, competing 2x SK Hynix ETFs list net expense ratios of 0.75%, 0.95%, 1.25%, and 1.50% as of July 14, 2026, subject to change.

Which index or asset does the Corgi SK Hynix 2x Daily ETF (SK) track?

The Corgi SK Hynix 2x Daily ETF seeks 2x the daily performance of the SK hynix Inc. ADR (Nasdaq: SKHY). According to Corgi, its objective is to deliver twice the ADR’s daily return, before fees and expenses, not long-term compounded performance.

Who is the Corgi SK Hynix 2x Daily ETF (SK) designed for?

The Corgi SK Hynix 2x Daily ETF is designed primarily for sophisticated investors who monitor positions daily. According to Corgi, leveraged ETFs involve significant risk, and daily rebalancing makes them more suitable for active traders than for long-term buy-and-hold investors.

Where is the Corgi SK Hynix 2x Daily ETF (SK) listed and how can investors trade it?

The Corgi SK Hynix 2x Daily ETF is listed on the Cboe BZX Exchange under ticker SK. According to Corgi, investors can buy and sell shares throughout the trading day via broker-dealers and other intermediaries, potentially paying commissions and platform-related fees.

What additional costs beyond the 0.50% expense ratio might apply to SK ETF investors?

Investors in the SK ETF may face brokerage commissions and other intermediary fees beyond the 0.50% expense ratio. According to Corgi, platform, custodial, advisory, and related charges from financial intermediaries can increase the total cost of holding or trading the fund.