Direxion Launches SKHL, 2X Daily Exposure to SK hynix
Direxion has launched the Direxion Daily SK Hynix Bull 2X ETF (SKHL), which seeks to provide 200% of the daily performance of SK hynix ADRs. The fund aims to provide active traders with a leveraged tool to gain exposure to SK hynix, a key supplier of high-bandwidth memory (HBM) for AI accelerators.
Key figures
- Aum
- $85.4 billion
- Leverage multiple
- 2X
AI analysis
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