Tradr's Leveraged ETFs on SK hynix Set to Open Trading Tuesday
Tradr ETFs announced that it expects to launch two Cboe-listed single-stock leveraged ETFs tied to SK hynix (Nasdaq: SKHY) on Tuesday, July 28.
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Rhea-AI Summary
Tradr ETFs announced that it expects to launch two Cboe-listed single-stock leveraged ETFs tied to SK hynix (Nasdaq: SKHY) on Tuesday, July 28. The Tradr 2X Long SK hynix Daily ETF (Cboe: SKHA) and Tradr 2X Short SK hynix Daily ETF (Cboe: SKHN) each seek to deliver 200% or -200% of SK hynix’s daily performance.
According to Tradr ETFs, these funds are designed as short-term trading vehicles for sophisticated investors and professional traders, carry heightened leverage and volatility risks, and can suffer total loss if the underlying stock moves more than 50% adversely in a single day.
News Explained
The expected
Details
News Market Reaction – SKHY
On Jul 24, the day this news came out, SKHY closed 8.81% below the previous close. Argus tracked a trough of -5.9% from its starting point during tracking. Our momentum scanner recorded 27 alerts for this stock that day.
Data tracked by StockTitan Argus for the Jul 24 session.
Key Figures
- Long exposure
- 200%
- Daily performance of SK hynix
- Short exposure
- -200%
- Daily performance of SK hynix
- Expected launch date
- July 28
- Expected trading start for two Cboe-listed funds
- Adverse underlying move threshold
- More than 50%
- Move that could eliminate an investment in a 2x daily fund
Historical Context
-
Direxion launched SKHL, offering 200% daily long exposure to SK hynix.
-
Corgi launched a 2x long SK hynix ETF with a 0.50% expense ratio.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
leveraged etfs financial
inverse etfs financial
net asset value financial
prospectus regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Funds to offer
Expected Tradr launches:
- Tradr 2X Long SK hynix Daily ETF (Cboe: SKHA) – tracks SK hynix, Inc. (Nasdaq: SKHY)
- Tradr 2X Short SK hynix Daily ETF (Cboe: SKHN) – tracks SK hynix, Inc. (Nasdaq: SKHY)
For detailed information on Tradr ETFs and the significant risks involved with leveraged ETFs, please visit www.tradretfs.com.
About Tradr ETFs
Tradr ETFs are designed for sophisticated investors and professional traders who are looking to express high conviction investment views. The strategies include leveraged and inverse ETFs that seek short or long exposure to actively traded stocks and ETFs.
IMPORTANT RISK INFORMATION
Tradr ETFs are for sophisticated investors and professional traders with high conviction views and are very different from most other ETFs. The Funds are intended to be used as short-term trading vehicles and pursue leveraged investment objectives, which means they are riskier than alternatives that do not use leverage because the Funds magnify the performance of their underlying security. The volatility of the underlying security may affect a Fund's return as much as, or more than, the return of the underlying security.
Investors in the fund should: (a) understand the risks associated with the use of leverage; (b) understand the consequences of seeking inverse and leveraged investment results; (c) for short ETFs, understand the risk of shorting; (d) intend to actively monitor and manage their investment. Fund performance will likely be significantly different than the benchmark over periods longer than the specified reset period and the performance may trend in the opposite direction than its benchmark over periods other than that period.
Leverage increases the risk of a total loss of an investor's investment, may increase the volatility of the Funds, and may magnify any differences between the performance of the Funds and their reference security. The Funds seek leveraged investment results for a specific period (daily, monthly or quarterly). The exact exposure of an investment in the Fund intra-period will depend upon the movement of the reference security from the end of the prior period until the time of investment by the investor.
The Fund will not attempt to position its portfolio to ensure it does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, investors in a Fund that seeks two times daily performance would lose all of their money if the Fund's underlying security moves more than
ETFs involve risk including possible loss of the full principal value. There is no assurance that the Fund will achieve its investment objective. Principal risks and other important risks may be found in the prospectus. Past performance does not guarantee future results.
ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Fund is contained in the Prospectus, which can be obtained by visiting www.tradretfs.com. The Prospectus should be read carefully before investing.
Distributed by ALPS Distributors, Inc, which is not affiliated with AXS Investments or its Tradr ETFs. AXI001010

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SOURCE Tradr ETFs
FAQ
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