SKHU: ProShares Ultra SK hynix ETF
Key Finding: SKHU is a ProShares leveraged single-stock ETF scheduled to launch on or about July 13-14, 2026, seeking 2x daily returns of the SK hynix Inc. ADR (SKHY), a major South Korean memory semiconductor company; as of July 12, 2026, it has not yet begun trading with no live price or performance data available.
Live Stock Price
Current Price: Not Available (Pre-Launch / No Trades)
As of July 12, 2026 (Market Closed / No Data)
Fact: Multiple financial data providers (TradingView, Investing.com, Tiger Brokers, etc.) report no price data, zero volume, or "market closed / no trades" for SKHU.
Uncertainty/Limitation: The ETF is not yet listed or actively trading; real-time quotes are unavailable until launch. Data shown as 0.00 or N/A across sources.
Key Trading Details (from ProShares Fact Sheet)
| Item | Details |
|---|
| Ticker | SKHU |
| Intraday Ticker | SKHU.IV |
| Underlying | SKHY (SK hynix ADR) |
| Exchange | NYSE Arca |
| CUSIP | 74350U492 |
| Inception Date | July 13, 2026 (expected) |
| Gross Expense Ratio | 1.04% |
| Net Expense Ratio | 0.95% (waiver through Sept 30, 2027) |
| Distributions | Quarterly |
Stock Performance
Data Limitation: No historical performance, returns, volatility, or chart data exists for SKHU because the ETF has not launched. All sources indicate 0.00 prices, no volume, and no 1D/5D/1M/YTD/etc. metrics available.
Expected Characteristics (Interpretation, Not Fact)
- Seeks 2x daily performance of SKHY before fees/expenses (high volatility expected due to leverage).
- Longer holding periods (>1 day) may result in returns significantly different from 2x due to compounding and volatility decay (standard for leveraged ETFs).
- Performance will closely track SK hynix ADR movements but amplified, with high expense ratio impacting net returns.
Underlying SKHY Performance Context (Recent, for Reference Only)
Fact: SKHY (SK hynix ADR) recently listed/IPO'd around early July 2026 with strong demand; exact current price data varies by source but reflects AI/memory chip interest.
Uncertainty: SKHY itself is new to U.S. markets; long-term ADR performance data is limited.
Performance Comparison Table (N/A for SKHU)
| Metric | SKHU (Pre-Launch) | Notes |
|---|
| 1-Day Return | N/A | No trading |
| YTD / 1-Year | N/A | No history |
| 52-Week Range | N/A | Expected post-launch |
| Volume | 0 / No Trades | Pre-launch |
Company / Fund Overview
SKHU (ETF) - Fact
ProShares Ultra SK hynix is a non-diversified, leveraged ETF designed to deliver 2x the daily return of the SK hynix Inc. American Depositary Receipt (ADR). It uses derivatives (swaps, futures) for exposure. It is part of ProShares' lineup of geared ETFs (over 115 funds with $85B+ AUM).
Underlying: SK hynix Inc. (SKHY ADR) - Fact
- One of the world's largest memory semiconductor companies ("Big Three" alongside Samsung and Micron).
- Products: DRAM (including High Bandwidth Memory - HBM for AI), NAND flash, SSDs, MCPs.
- Applications: AI accelerators, data centers, servers, PCs, mobile devices, consumer electronics, automotive.
- Headquartered in Icheon-si, South Korea; listed on KRX (000660.KS) with U.S. ADR (SKHY).
- Operates foundry business via subsidiaries.
Key Risks (from Prospectus - Fact)
- High leverage amplifies losses; potential for significant deviation from 2x target over multi-day holds.
- Concentrated exposure to single stock and semiconductor industry (cyclical demand, tech changes, pricing volatility, competition, geopolitics).
- High costs may cause losses even if underlying rises.
- Market disruptions or low liquidity in underlying can impair tracking.
Company History
SK hynix Inc. (Underlying) - Fact
- Legal founding: October 15, 1949 (as Hyundai Electronics unit).
- Actual semiconductor operations: 1983.
- Rebranded from Hynix Semiconductor to SK hynix in March 2012 after joining SK Group.
- Grew from near-bankruptcy (early 2000s debt issues) to global leader in memory chips, especially HBM critical for AI.
- Recent milestone: Major U.S. ADR listing/IPO around July 9, 2026, raising significant capital amid AI demand.
SKHU ETF - Fact
- Announced: July 6, 2026 by ProShares.
- Expected launch/trading start: July 13-14, 2026.
- First single-stock 2x ETF targeting SK hynix ADR following its U.S. listing.
Interpretation: The ETF launch capitalizes on surging interest in AI-related memory chips; however, leveraged products carry amplified risks not suitable for all investors.
Recent News
- July 6, 2026: ProShares announces SKHU launch targeting 2x SK hynix ADR daily returns (multiple sources including Business Wire, Morningstar, StockTitan).
- July 9, 2026: SK hynix ADR (SKHY) U.S. listing/debut with strong demand (~$26.5B raise reported in some coverage); tests AI memory trade sustainability.
- July 2026: Focus on SK hynix's role in AI supply chain (HBM chips); ETF joins ProShares geared lineup.
Uncertainty: News is dominated by launch announcements; post-launch trading and performance updates will emerge after July 13/14, 2026.
Links for More Information
Disclaimer & Data Limitations: All information compiled from public web sources as of July 12, 2026. Prices and data are pre-launch estimates only and subject to change. This is not financial advice. Leveraged ETFs like SKHU involve substantial risk of loss. Always consult official prospectuses and real-time quotes after launch. Facts are directly from sources; interpretations are analytical notes; uncertainties flagged where data is incomplete or forward-looking.