Home/Products/Single-Stock 2x ETFs/SK
Coming SoonSK expected to begin trading July 13, 2026 · following SKHY’s Nasdaq debut↗

Single-Stock Leveraged ETF - Important Information: This is a leveraged (2x) ETF that seeks daily investment results corresponding to two times the daily performance of the publicly-traded American Depositary Receipts of SK hynix Inc. (NASDAQ: SKHY) (“SKHY” or the “Underlying Security”). Due to the effects of compounding, returns over periods longer than one day will likely differ from 2x the return of the Underlying Security. The Fund concentrates in a single issuer and is designed for short-term trading; it may not be suitable for all investors. Please read the prospectus carefully before investing.

Single-Stock 2x Daily ETF · SKHY

Corgi SK hynix 2x Daily ETF

SK

SK seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the SK hynix American Depositary Receipt (ADR) (NASDAQ: SKHY).

Coming Soon2x Daily ExposureDaily Reset0.50% Expense Ratio
Pre-LaunchNot Yet Trading
Expected July 13, 2026(subject to change)
The Fund is not yet listed for trading. SKHY, the SK hynix ADR, is expected to begin trading on Nasdaq on July 10, 2026. The Fund is expected to begin trading on July 13, 2026, following the ADR’s debut.
Get Notified →
Why Invest?
01
Amplified Daily Exposure
Seeks two times (2x) the daily performance of the American Depositary Receipts of SK hynix Inc. (NASDAQ: SKHY). Both gains and losses are magnified. The Fund is not designed to deliver 2x performance for any period other than a single trading day.
02
ETF Wrapper Access
Investors obtain leveraged exposure through a standard brokerage account, without a margin agreement, borrowing, or margin calls. Shares are expected to trade on Cboe BZX during regular market hours.
03
Daily Reset Mechanic
The Fund rebalances each trading day. Over periods longer than one day, returns will differ, sometimes significantly, from two times the underlying's cumulative return due to compounding and volatility.
04
For Active Use Only
Intended for sophisticated investors who actively monitor positions intraday. The Fund is not suitable as a long-term hold or as a substitute for unlevered exposure to the underlying market.
Status
Coming Soon
Expense Ratio
0.50%
Leverage Factor
2× Daily
Underlying Security
SKHY (ADR)
Base Currency
U.S. Dollar
Distribution
Annual

Why SK hynix

The Company Behind the Underlying Security

Why is SK hynix considered critical for AI?

SK hynix Inc. has been a global leader in High Bandwidth Memory (HBM), an advanced form of dynamic random access memory (DRAM) that enables AI processors to move massive amounts of data at very high speeds. As AI models grow larger and more complex, HBM has become an essential building block of AI infrastructure.

Who uses SK hynix technology?

SK hynix supplies advanced memory used alongside leading artificial intelligence (AI) processors, including High Bandwidth Memory (HBM) used in Nvidia AI platforms. Those platforms power AI infrastructure at many of the world’s largest technology companies. Beyond AI, SK hynix memory and storage products are used in data centers, smartphones, personal computers, and enterprise storage systems.

What is driving investor interest in SK hynix?

Growing investment in AI models, hyperscale data centers, and next-generation computing has accelerated demand for High Bandwidth Memory. As one of the world’s leading HBM providers, SK hynix may be positioned to potentially participate in that demand. There is no guarantee that this demand will continue or that it will translate into positive returns for the Underlying Security or the Fund.

The discussion of SK hynix Inc. above is provided for informational purposes only, is derived from publicly available sources, and does not constitute a recommendation to buy or sell any security. An investment in the Fund is not an investment in SK hynix Inc., and the Fund’s performance will differ, sometimes significantly, from 2x the performance of the Underlying Security over periods longer than a single trading day.

About the Underlying Security

SK hynix Inc. ("SK hynix") is a South Korea-based semiconductor company engaged in the design, development, manufacture, and sale of memory and storage products. The company's principal products include DRAM, High Bandwidth Memory (HBM), and NAND flash memory solutions used in AI systems, cloud computing, data centers, smartphones, personal computers, and enterprise storage. SK hynix is headquartered in Icheon, South Korea. The Fund's Underlying Security is the SK hynix American Depositary Receipt (ADR), which is expected to begin trading on Nasdaq under the ticker SKHY on July 10, 2026.

Headquarters: Icheon, South Korea · ADR expected to list on Nasdaq as SKHY

Frequently Asked Questions

Corgi SK hynix 2x Daily ETF (SK)

What is SK?

The Corgi SK hynix 2x Daily ETF (SK) is an exchange-traded fund designed to seek two times (2x) the daily return of SKHY, before fees and expenses. The Fund has not yet begun trading and is expected to launch following the Nasdaq debut of the SKHY ADR.

What is SKHY?

SKHY is the U.S.-listed American Depositary Receipt (ADR) symbol for SK hynix Inc. It provides U.S. investors with exposure to a semiconductor memory company. SKHY is expected to begin trading on Nasdaq on July 10, 2026.

What is the difference between SKHY and SK?

SKHY is the ticker symbol for SK hynix’s U.S.-listed ADRs. SK is a leveraged ETF that seeks 2x the daily return of SKHY. Owning SK is not the same as owning SKHY; the Fund resets its exposure daily and is designed for short-term trading.

How can investors get 2x SK hynix exposure?

Investors seeking magnified daily exposure may consider the Corgi SK hynix 2x Daily ETF (SK), which seeks two times the daily return of SKHY, before fees and expenses. Leveraged ETFs involve significant risk, magnify losses as well as gains, and are intended for short-term trading. Investors should read the prospectus carefully before investing.

Is there a U.S.-traded 2x SK hynix ETF?

Yes. The Corgi SK hynix 2x Daily ETF (SK) is a U.S.-listed exchange-traded fund that seeks two times (2x) the daily return of the SK hynix ADR (SKHY), before fees and expenses. SK is expected to begin trading on Cboe BZX on July 13, 2026, following SKHY’s Nasdaq debut. Because exposure resets daily, the Fund is designed for short-term trading and may not be suitable for all investors.

What is the expense ratio of the SK ETF?

The Corgi SK hynix 2x Daily ETF has a total expense ratio of 0.50%. Fees and expenses reduce fund returns; please see the prospectus for a complete description of the Fund’s fees and expenses.

What is an American Depositary Receipt (ADR)?

An ADR is a certificate issued by a U.S. depositary bank that represents shares of a non-U.S. company and trades on a U.S. exchange in U.S. dollars. ADRs allow U.S. investors to obtain exposure to foreign companies through standard U.S. brokerage accounts.

Can I buy SK hynix stock in the U.S.?

SK hynix common stock trades on the Korea Exchange. Beginning July 10, 2026, U.S. investors are expected to be able to buy SK hynix American Depositary Receipts (ADRs) on Nasdaq under the ticker SKHY through a standard U.S. brokerage account.

What is SK hynix’s ticker symbol?

SK hynix common stock trades on the Korea Exchange under the ticker 000660. Its U.S.-listed ADR is expected to trade on Nasdaq under the ticker SKHY beginning July 10, 2026. The Corgi SK hynix 2x Daily ETF, which seeks 2x the daily return of SKHY, is expected to trade on Cboe BZX under the ticker SK.

What does SK hynix do?

SK hynix designs and manufactures semiconductor memory used in AI systems, cloud computing, data centers, smartphones, personal computers, and enterprise storage. As of July 2026, its major competitors include Samsung Electronics and Micron Technology.

What is High Bandwidth Memory (HBM)?

HBM is an advanced form of dynamic random access memory (DRAM) designed to deliver very high data bandwidth while using less power. HBM is widely used in AI accelerators and high-performance computing, where processors can only compute as quickly as data can be delivered.

Why is SK hynix often discussed alongside Nvidia?

Nvidia designs AI processors, while SK hynix manufactures advanced memory, including High Bandwidth Memory used in Nvidia AI platforms. The two companies operate in different parts of the AI ecosystem and represent two building blocks of AI infrastructure.

Is SK hynix a competitor to Micron?

As of July 2026, yes. Micron and SK hynix both manufacture DRAM, NAND (Not AND, a type of non-volatile flash storage) flash, and High Bandwidth Memory products. Samsung Electronics is also a major competitor.

What does 2x daily exposure mean?

The Fund seeks to provide two times the daily return of SKHY, before fees and expenses. Because exposure resets daily, returns over periods longer than one day may differ significantly from two times the cumulative return of SKHY due to the effects of compounding and volatility.

How will the Fund obtain its leveraged exposure?

The Fund expects to achieve its investment objective primarily through swap agreements and other financial instruments referencing SKHY, and may also hold shares of SKHY directly. There is no guarantee that the Fund will achieve its investment objective, and an investor may lose some or all of their investment.

When will SK begin trading?

The Fund is expected to begin trading on July 13, 2026, following the debut of the SKHY ADR, which is expected to begin trading on Nasdaq on July 10, 2026. Launch timing is subject to change.

Expected Timeline

SK Registration Effective
SEC registration statement for the Corgi SK hynix 2x Daily ETF is effective
SKHY ADR Begins Trading
Expected on Nasdaq · July 10, 2026
SK Expected Launch
Expected July 13, 2026 · following the ADR’s debut

Expected dates are estimates, are subject to change, and depend on the timing of the SKHY ADR listing.

Fund Facts

TickerSK
StatusComing Soon
Leverage Factor2× Daily
Underlying / ReferenceSKHY (ADR)
Expense Ratio0.50%
ExchangeCboe BZX Exchange, Inc.
Expected InceptionJuly 13, 2026
CUSIP21874J 701
AdviserCorgi Strategies, LLC
DistributorParalel Distributors LLC
CustodianU.S. Bank N.A.
AdministratorU.S. Bancorp Fund Services
Transfer AgentU.S. Bancorp Fund Services
AuditorTait Weller
The Corgi Brief
Newsletter from the Corgi team delivering fund updates, data points, and top reads.

ETFs designed to offer direct access to disruptive themes and companies shaping the future.

Products
Thematic ETFs2x Leveraged ETFsBuffer ETFsFixed Income ETFs
Company
About Corgi
Resources
ETF GlossaryInsights & BlogContact
Legal
Privacy PolicyTerms of UseSocial Disclaimer

Disclosures

Fund Status. The Fund’s registration statement has been declared effective by the Securities and Exchange Commission. The Fund has not yet commenced trading. The Fund is expected to begin trading on July 13, 2026, following the Nasdaq listing of the SK hynix ADR (SKHY), which is expected on July 10, 2026. Expected dates are estimates and are subject to change.

Investment Objective. The Corgi SK hynix 2x Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the publicly-traded common stock of SK hynix Inc. (KRX: 000660) ("SK hynix" or the "Underlying Security"). The Fund does not seek to achieve its stated investment objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are not affiliated with SK hynix Inc., the Underlying Security, or any of their respective affiliates.

Investors should consider the investment objectives, risks, charges, and expenses of each Fund carefully before investing. This and other important information is contained in the prospectus for each Fund, which can be obtained without charge from corgifunds.com or from the SEC at www.sec.gov. Read the applicable prospectus carefully before investing.

The Fund is newly organized and has no operating history. There can be no assurance that the Fund will grow to or maintain an economically viable size. It may take time for the Fund to attract sufficient assets and for an active secondary market for its shares to develop or be sustained, which could result in wider bid-ask spreads, increased trading costs, or trading at a premium or discount to net asset value.

The information on this site is for informational purposes only and does not constitute investment, tax, or legal advice. Please consult your own investment, tax, and legal professionals regarding your specific situation.

The Funds’ shares are expected to be listed for trading on Cboe BZX Exchange, Inc. (the “Exchange”). The Funds are not sponsored, endorsed, sold, or promoted by the Exchange. The Exchange makes no representation regarding the advisability of investing in any Fund and is not responsible for, nor has it participated in, the determination of the timing of, prices of, or quantities of Fund shares to be issued or in the determination or calculation of the equation by which shares of any Fund are redeemable. The Exchange has no obligation or liability in connection with the administration, marketing, or trading of Fund shares.

Corgi SK hynix 2x Daily ETF Risk. The Corgi SK hynix 2x Daily ETF seeks, for a single day, investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the publicly-traded American Depositary Receipts of SK hynix Inc. (SKHY) (“SKHY” or the “Underlying Security”). The Fund does not seek to achieve its objective for periods longer than a single trading day. Over periods longer than one day, the effects of daily compounding and the volatility of the Underlying Security will likely cause the Fund’s performance to differ, sometimes significantly, from 2x the Underlying Security’s return for the same period. Single Issuer Risk. Because the Fund obtains exposure to a single issuer, performance is highly dependent on the price movements, earnings results, product developments, regulatory actions, litigation, executive transitions, and other idiosyncratic risks affecting SK hynix Inc. A material adverse event at SK hynix Inc. could result in substantial or near-total losses to the Fund, magnified by 2x daily leverage. The Fund uses total return swaps and other equity-linked instruments, which increase volatility and magnify losses, and is subject to correlation risk, counterparty risk, rebalancing risk, and market disruption risk. The Fund is non-diversified and concentrates exposure in a single issuer. Please see the Fund’s prospectus for a more complete discussion of these and other risks.

New Listing Risk. The Underlying Security is expected to begin trading on Nasdaq on July 10, 2026 and will have no U.S. trading history at the time of the Fund’s launch. Newly listed securities may experience significant price volatility, particularly in the initial period following listing. High volatility in the Underlying Security may have a significant negative impact on the Fund’s performance. Market volatility or disruptions in the trading of the Underlying Security may impair the Fund’s ability to obtain or maintain its desired exposure and could result in losses or wider bid-ask spreads. The cost of obtaining 2x exposure to a newly listed security may be high and will reduce returns.

ADR and Foreign Issuer Risk. The Underlying Security is an American Depositary Receipt representing shares of SK hynix Inc., a company organized under the laws of the Republic of Korea. ADRs are subject to risks associated with the underlying foreign security, including political, economic, and regulatory developments in South Korea, currency exchange rate fluctuations between the Korean won and the U.S. dollar, differences in accounting and disclosure standards, geopolitical and trade tensions, and less liquid or more volatile local markets. Trading in the ADR may not fully reflect trading in SK hynix shares on the Korea Exchange, and time zone differences between U.S. and Korean market hours may contribute to price gaps and tracking deviations.

Unaffiliated Reference Issuer. SK hynix Inc. (SKHY) is not affiliated with, endorsed by, or sponsored by Corgi Strategies, LLC or any of its affiliates. Corgi Funds has no control over the business operations, capital allocation decisions, or securities filings of SK hynix Inc. References to SK hynix Inc. and SKHY are for informational purposes only and do not imply any affiliation, sponsorship, or endorsement. Corgi Strategies, LLC has derived disclosures herein regarding the issuer from publicly available sources it deems reliable and makes no representation as to their accuracy or completeness. SK hynix Inc. securities are subject to their own risks independent of this Fund, including risks specific to the semiconductor industry, cyclical memory chip pricing, rapid technological change, supply chain disruptions, intense global competition, and the issuer's regulatory environment.

Leverage Risk. The Fund uses leverage to target approximately 2x the Underlying Security’s daily return. Losses are magnified relative to the Underlying Security. If the Underlying Security declines by around 50% during a trading day, the Fund could experience a near-total or total loss. The use of leverage increases volatility and the risk of rapid losses. Costs of obtaining and maintaining leverage, including financing charges embedded in derivatives, will reduce return.

Derivatives Risk. To the extent the Fund uses derivatives (e.g., total return swaps) to obtain exposure or for portfolio management, it is subject to counterparty, liquidity, valuation, leverage, and correlation risks. Derivatives can be more volatile than direct holdings and may increase exposure to certain market risks.

Compounding and Daily Rebalancing Risk. The Fund seeks 2x the Underlying Security’s return for a single day, measured from one NAV calculation to the next. Over periods longer than one day, the effects of daily compounding, the path of Underlying Security returns, and Underlying Security volatility will likely cause the Fund’s performance to differ, sometimes significantly, from 2x the Underlying Security return for the same period. During volatile or frequently reversing markets, returns may be lower than 2x the Underlying Security return for the period, and you could lose money even if the Underlying Security is flat or rises over the holding period.

Correlation Risk. The Fund seeks approximately 2x the daily performance of the Underlying Security but may not achieve perfect leveraged correlation. Fees and expenses, transaction and financing costs, the use of derivatives, market disruptions, corporate actions, and limitations on rebalancing can all cause performance to deviate from the 2x Daily Objective.

In addition, the fund is subject to general equity market volatility and may experience amplified fluctuation due to its industry concentration.

Investing involves risk, including possible loss of principal. There is no guarantee that any investment strategy or any Fund will achieve its objectives. Shares of the Funds are bought and sold on an exchange at market price and are not individually redeemable from the Funds. Market price will fluctuate, sometimes materially, and may be higher or lower than net asset value (“NAV”). Brokerage commissions, bid-ask spreads and other trading costs will reduce returns.

The Fund issues and redeems shares only in large blocks called “Creation Units” at NAV next determined after an order is accepted. Only authorized participants (“APs”) may transact in Creation Units directly with the Fund. Investors should contact their broker or financial intermediary to place trades.

This site is intended only for investors resident in the United States. Nothing on this website is an offer to sell, or a solicitation of an offer to buy, any security in any jurisdiction where such offer or solicitation would be unlawful.

Corgi ETF Trust I. Investment adviser: Corgi Strategies, LLC. Distributor: Paralel Distributors LLC. Member Firm. Paralel is unaffiliated with Corgi Strategies, LLC, The Corgi Company. © 2026 Corgi Strategies, LLC. All rights reserved.