GraniteShares 2x Long SK Hynix Daily ETF - SKUU

GraniteShares 2x Long SK Hynix Daily ETF is a leveraged exchange-traded fund that provides amplified daily exposure to the common stock of SK Hynix Inc., a major global memory semiconductor manufacturer. The fund’s objective is to deliver 2 times the daily percentage change of SK Hynix, before fees and expenses, by using derivatives such as swaps and options alongside direct holdings of the underlying stock to maintain approximately 200% notional exposure at the end of each trading day. It is actively managed and designed primarily as a short-term trading vehicle, with returns that compound on a daily basis rather than over longer horizons. The ETF offers specialized access to SK Hynix’s equity performance through a standard brokerage account, without the need to borrow shares or arrange margin financing, making it a tactical tool for market participants seeking focused, leveraged exposure to the memory semiconductor segment, including DRAM and NAND solutions. Founded in 1983 and headquartered in Icheon, South Korea, SK Hynix today operates globally in the semiconductor industry, supplying memory products to technology and data infrastructure customers worldwide.