What does GraniteShares 2x Long SK Hynix Daily ETF invest in?▾
The GraniteShares 2x Long SK Hynix Daily ETF is a leveraged exchange-traded fund that seeks to deliver 200% (2Ã) of the daily performance of the SK hynix Inc. ADR (Nasdaq: SKHY) before fees and expenses. The fund primarily gains exposure through swap agreements and investments in the underlying ADR, with leverage reset daily. Designed for short-term trading, it amplifies both potential gains and losses and is not intended as a long-term investment.