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Report: Samsung Electronics and SK Hynix leveraged ETFs face a reality check

2026.06.24 15:19:34

Derivatives and quantitative strategist Gordenz Schneider noted in a report published on Smartkarma that the 2x leveraged exchange-traded funds (ETFs) tracking Samsung Electronics and SK Hynix would need to rise roughly 33% to rebound to their June 22 levels, implying a corresponding ~16.5% bounce in the underlying stocks. The report added that both Samsung Electronics and SK Hynix saw double-digit share price drops on Tuesday, dragging the related ETFs down nearly 25%—the Samsung 2x leveraged ETF has fallen 5.4% in total since its launch on May 27. He stated that South Korea’s newly launched single-stock 2x leveraged ETFs can boost returns in trending markets, but they will quickly erode in value amid high market volatility, making them most suitable for short-term tactical momentum investments.

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