SKHL vs. INTW

Last updated Jul 29, 2026

SKHL (Direxion Daily SK Hynix Bull 2X ETF) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds. SKHL is passively managed, while INTW is actively managed. Their 0.50 correlation means they have sometimes moved together and sometimes differently. SKHL charges 0.97%/yr vs 1.50%/yr for INTW.

Performance

SKHL vs. INTW - Performance Comparison

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

Returns By Period

SKHL

• 1D: -11.82%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

INTW

• 1D: -11.75%
• 1M: -57.81%
• 6M: 158.26%
• YTD: 234.09%
• 1Y: 779.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 218.67%

*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)
INTW GraniteShares 2x Long INTC Daily ETF	$149.31M	$142.48M	$220.57M
SKHL Direxion Daily SK Hynix Bull 2X ETF	$18.07M	$16.88M	$16.88M

SKHL vs. INTW - Yearly Performance Comparison

	2026 (YTD)
SKHL Direxion Daily SK Hynix Bull 2X ETF	-49.35%
INTW GraniteShares 2x Long INTC Daily ETF	-37.97%

Correlation

The correlation between SKHL and INTW is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2026	0.50

Return for Risk

SKHL vs. INTW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SKHL

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

INTW

INTW Risk / Return Rank: 96
INTW Sharpe Ratio Rank: 99
INTW Sortino Ratio Rank: 95
INTW Omega Ratio Rank: 93
INTW Calmar Ratio Rank: 98
INTW Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SKHL vs. INTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily SK Hynix Bull 2X ETF (SKHL) and GraniteShares 2x Long INTC Daily ETF (INTW). 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.

	SKHL	INTW	Difference
Sharpe ratio: Return per unit of total volatility	—	5.06	—
Sortino ratio: Return per unit of downside risk	—	3.81	—
Omega ratio: Gain probability vs. loss probability	—	1.46	—
Calmar ratio: Return relative to maximum drawdown	—	11.99	—
Martin ratio: Return relative to average drawdown	—	31.95	—

Drawdowns

SKHL vs. INTW - Drawdown Comparison

The maximum SKHL drawdown since its inception was -49.35%, smaller than the maximum INTW drawdown of -65.61%. Use the drawdown chart below to compare losses from any high point for SKHL and INTW.

Drawdown Indicators

	SKHL	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-49.35%	-65.61%	+16.26%
Max Drawdown (1Y) Largest decline over 1 year	—	-65.61%	—
Current Drawdown Current decline from peak	-49.35%	-65.61%	+16.26%
Average Drawdown Average peak-to-trough decline	-28.05%	-30.31%	+2.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	24.59%	—

Volatility

Volatility by Period

	SKHL	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	47.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	116.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	235.16%	155.49%	+79.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	235.16%	149.85%	+85.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	235.16%	149.85%	+85.31%

SKHL vs. INTW - Expense Ratio Comparison

SKHL has a 0.97% expense ratio, which is lower than INTW's 1.50% expense ratio.

Dividends

SKHL vs. INTW - Dividend Comparison

Neither SKHL nor INTW has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SKHL and INTW in my portfolio?

SKHL and INTW have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SKHL or INTW?

On fees, SKHL is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SKHL or INTW?

SKHL is cheaper with a 0.97% expense ratio, compared with 1.50% for INTW.

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

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

What is the main difference between SKHL and INTW?

They also come from different issuers: Direxion and GraniteShares. Their fees differ too: 0.97% for SKHL and 1.50% for INTW.