South Korea’s single-stock leveraged ETF market has exploded, and SK Hynix is at the center of it. By mid-June 2026, the CSOP SK Hynix Daily (2x) Leveraged ETF had crossed $10 billion in assets under management, making it the largest single-stock ETF in the world.
When the ETF and the stock disagree
On June 8, 2026, the KIM ACE SK Hynix Single Stock Leverage ETF surged roughly 50% in a single session. SK Hynix’s actual stock fell nearly 8% that same day. The ETF was trading at a premium of up to 86% to its net asset value.
The correction came fast. The following day, June 9, the ACE ETF dropped 27% while SK Hynix’s stock rose 16%. The Korea Exchange flagged multiple SK Hynix leveraged ETFs shortly after launch for exactly these kinds of NAV-to-market-price divergences.
How we got here
