BRKL vs. SKHL

Last updated Aug 1, 2026

BRKL (Corgi BRKB 2x Daily ETF) and SKHL (Direxion Daily SK Hynix Bull 2X ETF) are both Leveraged Equities funds. BRKL is actively managed, while SKHL is passively managed. Their -0.61 correlation means they have often moved in opposite directions in the past. BRKL charges 0.45%/yr vs 0.97%/yr for SKHL.

Performance

BRKL vs. SKHL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Corgi BRKB 2x Daily ETF (BRKL) and Direxion Daily SK Hynix Bull 2X ETF (SKHL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BRKL

• 1D: 0.85%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SKHL

• 1D: -6.98%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRKL Corgi BRKB 2x Daily ETF	$853.16	$14.75K	$14.75K
SKHL Direxion Daily SK Hynix Bull 2X ETF	$29.62M	$25.44M	$25.44M

BRKL vs. SKHL - Yearly Performance Comparison

	2026 (YTD)
BRKL Corgi BRKB 2x Daily ETF	7.64%
SKHL Direxion Daily SK Hynix Bull 2X ETF	-44.09%

Correlation

The correlation between BRKL and SKHL is -0.61, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2026	-0.61

Return for Risk

BRKL vs. SKHL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Corgi BRKB 2x Daily ETF (BRKL) and Direxion Daily SK Hynix Bull 2X ETF (SKHL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

BRKL vs. SKHL - Drawdown Comparison

The maximum BRKL drawdown since its inception was -7.03%, smaller than the maximum SKHL drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for BRKL and SKHL.

Drawdown Indicators

	BRKL	SKHL	Difference
Max Drawdown Largest peak-to-trough decline	-7.03%	-55.45%	+48.42%
Current Drawdown Current decline from peak	-0.13%	-44.09%	+43.96%
Average Drawdown Average peak-to-trough decline	-4.14%	-32.58%	+28.44%

Volatility

Volatility by Period

	BRKL	SKHL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	30.99%	276.77%	-245.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.99%	276.77%	-245.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.99%	276.77%	-245.78%

BRKL vs. SKHL - Expense Ratio Comparison

BRKL has a 0.45% expense ratio, which is lower than SKHL's 0.97% expense ratio.

Dividends

BRKL vs. SKHL - Dividend Comparison

Neither BRKL nor SKHL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BRKL and SKHL in my portfolio?

BRKL and SKHL have a correlation of -0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BRKL or SKHL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRKL or SKHL?

BRKL is cheaper with a 0.45% expense ratio, compared with 0.97% for SKHL.

Which ETF pays a higher dividend yield, BRKL or SKHL?

BRKL and SKHL have nearly identical dividend yields, around 0.00%.

What is the main difference between BRKL and SKHL?

They also come from different issuers: Corgi and Direxion. Their fees differ too: 0.45% for BRKL and 0.97% for SKHL.