The exchange-traded fund (ETF) provides inverse daily exposure to SK Hynix and forms part of the firm's strategy of offering multiple exposure profiles on individual stocks.
Themes ETFs said that the launch of SKHQ, the Leverage Shares 1X Short SK Hynix Daily ETF, which began trading on the Cboe exchange on 2 September. The fund is designed to deliver -100% of the daily performance of South Korean memory chip manufacturer SK Hynix SKHQ tracks the performance of SK Hynix on an inverse daily basis and carries an expense ratio of 0.99%. The ETF is listed on the Cboe exchange. The company said that the fund is designed to deliver -100% of the daily performance of S