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UNHU

GradeCNew York Stock Exchange Arca

Direxion Daily UNH Bull 2X ETF

Leveraged · Single-Stock Leveraged · Direxion · Inception 2026-03-25

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$42.38−1.06 (−2.44%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Mar 25, 2026.History starts Mar 25, 2026.History starts Mar 25, 2026.
Intraday session: down, 16 prints from 43.44 to 42.38. Range 42.02 to 43.04. Use the arrow keys to read each point.$42.00$42.25$42.75$43.0010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$3M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$44.08
52W range
low $22.15high $67.11

The ETF.net UNHU Grade

C

40/ 100

Rank 205 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for UNHU. Scores out of 100: Cost 51, Risk 97, Mission 66, Tradability 29, Holdings not scored, Durability 54. Strongest: Risk (97). Weakest: Tradability (29). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned57This cap took−17Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 51
    Category rank207/380 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 66
    Category rank141/147 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 97
    Category rank3/285 · top 1%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 29
    Category rank275/380 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 54
    Category rank165/380 · top 43%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on UNHU

ETF.net Research

CA 2x daily amplifier strapped to one insurer: UNHU aims for 200% of UnitedHealth's daily move, before fees. Direxion's take on a trade that used to require a margin account.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of UnitedHealth Group Incorporated common shares.

Why people hold it

  1. 01Aims for 200% of UNH's daily move before fees, so an ordinary brokerage account does the job margin or call options used to.direxion.com
  2. 02The mandate is mechanical: one stock, a fixed 2x multiple, reset each day. No manager discretion over how much risk the fund carries.direxion.com
  3. 03At 0.99% a year, the fee sits right around the going rate for 2x single-stock funds rather than above it.

Worth knowing

  1. 01UNHG runs the same 2x daily UNH exposure at 0.75% a year. On a short-horizon trade, that fee gap is the one input you fully control.
  2. 02The daily reset compounds. Hold past a day and a choppy stretch in UNH can leave the fund short of 2x the stock's move over that stretch.
  3. 03Small and lightly traded next to the household-name single-stock leveraged funds, which can show up as wider spreads. It launched in 2026, so history is thin.

UNHU Holdings

As of Sep 22, 2026, 10:02 PM
Asset class
Stocks
Holdings
—
Top-10 weight
100%
Largest holding
UNH SWAP ASSET LEG (UNHMLL)27.3%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—UNH SWAP ASSET LEG (UNHMLL)27.32%7,246$3M1
002—GOLDMAN FINL SQ TRSRY INST 50616.74%1,676,347$2M100
003—DREYFUS GOVT CASH MAN INS16.46%1,648,177$2M108
004—UNH SWAP ASSET LEG (UNHBPL)13.18%3,494$1M1
005—UNH SWAP ASSET LEG (UNHNML)11.71%3,104$1M1
006—UNH SWAP ASSET LEG (UNHCTL)9.22%2,444$923K1
007UNHUNITEDHEALTH GROUP INC5.35%1,420$536K474
008—UNH SWAP ASSET LEG (UNHGSL)0.02%5$2K1

Showing 1–8 of 8 holdings

UNHU Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

UNHU$8,229
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. UNHU $8,229. SPY $10,415. Use the arrow keys to read each point.$7,975$9,818$11,662Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for UNHU. Periods over one year show the average yearly return.
PeriodUNHU
Year to dateFund launched this year—
1 month−8.5%
3 months−17.7%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for UNHU
YearReturn barUNHU
2026 YTD+77.8%

Since listing, Mar 25, 2026

UNHU in the news

ETF.net Research hasn’t filed on UNHU yet — coverage lands here as it’s written.

UNHU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Upcoming payment
$0.25 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 2 payments in 2026 YTD. Jun 23, 2026 $0.25; Sep 22, 2026 $0.25. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Pays Sep 29, 2026$0.25
Jun 23, 2026Jun 30, 2026$0.25

UNHU Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
6.16
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

UNHU Cost

Expense ratio0.99%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

165 of the 329 Single-Stock Long Leveraged funds charge less.

UNHU costs $99.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.