Direxion Daily SK Hynix Bull 2X ETF (SKHL) Sharpe Ratio

Sharpe ratio is not yet available for SKHL. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Direxion Daily SK Hynix Bull 2X ETF's Sharpe Ratio with other ETFs in the Leveraged Equities category across multiple time periods, showing how SKHL's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 29, 2026.

Symbol	Name	1Y Sharpe Ratio
MUU	Direxion Daily MU Bull 2X Shares	16.62
MULL	GraniteShares 2x Long MU Daily ETF	15.51
INTW	GraniteShares 2x Long INTC Daily ETF	5.06
LABU	Direxion Daily S&P Biotech Bull 3x Shares	3.63
XTAP	Innovator U.S. Equity Accelerated Plus ETF	3.59
PILL	Direxion Daily Pharmaceutical & Medical Bull 3X Shares	3.53
DLLL	GraniteShares 2x Long DELL Daily ETF	3.18
QTAP	Innovator Growth Accelerated Plus ETF - April	2.84
ASMG	Leverage Shares 2X Long ASML Daily ETF	2.70
SCDL	ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	2.56
SKHL	Direxion Daily SK Hynix Bull 2X ETF	—

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Historical Sharpe Ratio

The chart shows SKHL's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SKHL consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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