Skip to content
etf.net

ADBU vs UNHG

Direxion Daily ADBE Bull 2X ETF

ADBUCNYSE Arca

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.20pt a year

ADBU0.97%UNHG0.77%

Avg volume · 30D

UNHG 15.3×the volume

ADBU47.5KUNHG726K

ADBU vs UNHG Performance

Jul 31, 2026 – Oct 30, 2026

−6.8%ADBU−8.1%UNHG

Jul 31, 2026 to Oct 30, 2026. ADBU −6.8%. UNHG −8.1%. Use the arrow keys to read each point.−20%0%10%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
ADBU 0.97%
UNHG 0.77%, better
Fund size
ADBU $3M
UNHG $63M
1Y total return
ADBU No data
UNHG +11.9%
Holdings
ADBU 7
UNHG 5
Avg volume (30D)
ADBU 47.5K sh
UNHG 726K sh, better
NAV per share
ADBU $21.89
UNHG $20.57
52W range

ETF.net Grade

ADBU: Cost 54, Risk 79, Mission 93, Tradability 42, Holdings not scored, Durability 52. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for ADBU, UNHG, with each pillar’s weight
PillarADBUUNHG
Cost30% weightC54B60Higher
Mission25% weightA93HigherA90
Risk15% weightA79A83Higher
Tradability15% weightC42A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC52B66Higher

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ADBU and UNHG are both graded against the same 315 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

UNHG ranks 2nd and ADBU 123rd of 315 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  2. Rank 2AUNHGLeverage Shares 2x Long UNH Daily ETFScore 72
  3. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  4. Rank 123CACMMCorgi ACMR 2x Daily ETFScore 40
  5. Rank 123CADBUDirexion Daily ADBE Bull 2X ETFScore 40
  6. Rank 123CADIULeverage Shares 2X Long ADI Daily ETFScore 40

Our read on each fund

ETF.net Research

ADBUCDirexion Daily ADBE Bull 2X ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

ADBU Adobe, doubled, for one day. ADBU holds swaps aiming for 200% of ADBE's daily move, then resets at the close. A catalyst-trade tool from the shop that built the single-stock leverage aisle, not a long-haul Adobe stake.

UNHG Two times UnitedHealth's daily move, reset every night: a managed-care insurer in a category stuffed with chip and AI names. UNHG got there first, and it charges 0.77%.

Stated mandate

ADBU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Adobe Inc.'s common shares.

UNHG The fund seeks daily investment results equal to twice the daily performance of UnitedHealth Group Incorporated stock, before fees and expenses.

Why people hold it

  • ADBU The mandate is narrow and spelled out: at least 80% of net assets in ADBE shares plus swaps and options that together target 2X daily exposure, rebalanced at every close.sec.gov
  • Day to day it has stayed close to its stated 2X target, which is the entire job of a one-day instrument.
  • Fee is 0.97% net of a waiver through September 1, 2027 (0.99% gross), near the typical charge among 2X single-stock funds.
  • The leverage lives inside the fund: exposure comes from swap agreements with major financial institutions, not from borrowing in your own account.sec.gov
  • UNHG At 0.77%, the cheaper of the only two 2x UNH funds: Direxion's UNHU runs 0.97% net of a waiver through September 1, 2027. Both sit below the category's typical fee.
  • First to the 2x UNH trade, listed July 2025, months before Direxion's version arrived in March 2026. It trades actively for a single-stock leveraged fund.direxion.com
  • Exposure comes from total return swaps reset at each close, and day-to-day it has stayed close to its 2x target. One of the better-built funds in a crowded bull field.leverageshares.comsec.gov

Worth knowing

  • ADBU Hold past a day and compounding takes the wheel: each close resets exposure, so a choppy stretch can leave you short of 2X ADBE even when the stock ends higher.direxion.com
  • One stock, one sector. The fund is concentrated in information technology and software, so an Adobe-specific headline hits with no diversification to soften it.sec.govdirexion.com
  • It is a small fund that trades lightly, and some rival 2X single-stock funds charge less (TSMG 0.76%, UNHG 0.77%), so the spread is part of your real cost.
  • UNHG Daily reset means multi-day results depend on the path UNH takes, not just its direction. Choppy stretches can erode value even if the stock ends where it started.leverageshares.com
  • Swap-based exposure carries counterparty risk, and everything rides on one managed-care company's news, from earnings to policy headlines.leverageshares.com
  • Listed in 2025, so there is little history to judge it across a full market cycle.

Full ADBU profile⁠

Full UNHG profile⁠

ADBU vs UNHG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ADBU vs UNHG Cost

Overpaying ADBU vs UNHG

$3,369

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ADBU 0.97%

    $18,198

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • ADBU 0.97%
  • UNHG 0.77%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ADBU $18,198UNHG $14,829

Year by year

YearADBUUNHGOverpaying
10$1,712$1,371$341
20$6,443$5,205$1,238
30$18,198$14,829$3,369

Expense ratio

  • 0.97%ADBU
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

ADBU 156th cheapest of 315 funds

ADBU vs UNHG Dividends

Last 12 months to Oct 30, 2026
Last payment
ADBU $0.18
UNHG $1.90
Ex-dividend
ADBU Sep 22, 2026
UNHG Dec 30, 2025
Paid on
ADBU Sep 29, 2026
UNHG Jan 2, 2026
Frequency
ADBU Quarterly
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

ADBUQuarterly · 2 paymentsAll ADBU payments⁠
One bar per payment. 2 payments from 2025 to 2026 YTD. Jun 23, 2026 $0.06; Sep 22, 2026 $0.18. Use the arrow keys to read each point.$0$22026YTD
UNHGIrregular · 1 paymentAll UNHG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $1.90. Use the arrow keys to read each point.$0$22026YTD

ADBU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ADBU No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
ADBU No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
ADBU No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
ADBU 0.42UNHG 5.53

Popular comparisons

  • ADBUCvsTSMGA

    Direxion Daily ADBE Bull 2X ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.97% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UNHGAvsTSMGA

    Leverage Shares 2x Long UNH Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.77% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ADBUCvsOKTGA

    Direxion Daily ADBE Bull 2X ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.97% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UNHGAvsOKTGA

    Leverage Shares 2x Long UNH Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.77% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ADBUCvsPANGA

    Direxion Daily ADBE Bull 2X ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.97% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UNHGAvsPANGA

    Leverage Shares 2x Long UNH Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.77% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.