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AMDG vs UNHG

Leverage Shares 2x Long AMD Daily ETF

AMDGBNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

12.0%by weight

Expense ratio

UNHG −0.01pt a year

AMDG0.78%UNHG0.77%

Avg volume · 30D

UNHG 14.9×the volume

AMDG48.7KUNHG726K

AMDG vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

+112.2%AMDG+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. AMDG +112.2%. UNHG +11.9%. Use the arrow keys to read each point.−50%50%150%200%250%Oct 2025Apr 2026Oct 2026
Expense ratio
AMDG 0.78%
UNHG 0.77%, better
Fund size
AMDG $21M
UNHG $63M
1Y total return
AMDG +112.2%, better
UNHG +11.9%
Holdings
AMDG 5
UNHG 5
Avg volume (30D)
AMDG 48.7K sh
UNHG 726K sh, better
NAV per share
AMDG $86.07
UNHG $20.57
52W range

ETF.net Grade

AMDG: Cost 60, Risk 73, Mission 91, Tradability 85, Holdings not scored, Durability 65. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for AMDG, UNHG, with each pillar’s weight
PillarAMDGUNHG
Cost30% weightB60B60
Mission25% weightA91HigherA90
Risk15% weightA73A83Higher
Tradability15% weightA85A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB65B66Higher

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. AMDG 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 AMDG 5th 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 3APANGLeverage Shares 2x Long PANW Daily ETFScore 70
  5. Rank 5BAMDGLeverage Shares 2x Long AMD Daily ETFScore 69
  6. Rank 5BASMGLeverage Shares 2x Long ASML Daily ETFScore 69

Our read on each fund

ETF.net Research

AMDGBLeverage Shares 2x Long AMD Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

AMDG The low-cost way to rent 2x AMD. Total return swaps with several banks, rebalanced at every close, targeting double AMD's daily move, at a flat 0.78% with no waiver.

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

AMDG The Fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of Advanced Micro Devices, Inc. stock (AMD).

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

  • AMDG Costs 0.78% flat, no waiver, and sits below the typical fee in its category. The other 2x daily AMD fund, AMDL, charges 1.07%.
  • Tracks its stated 200%-of-AMD's-daily-move target closely, one of the stronger implementations in a single-stock leveraged bull group numbering in the hundreds.
  • Clean plumbing: a swap book spread across multiple counterparties, rebalanced at each close so exposure resets to the 2x target.leverageshares.com
  • 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

  • AMDG The daily reset compounds. Hold past a day and results can diverge from 2x AMD, with choppy markets doing the most damage.leverageshares.comleverageshares.com 2
  • One stock, doubled. A rough day for AMD lands roughly twice as hard here, and the fund is non-diversified by design.leverageshares.com
  • Smaller and more thinly traded than the longest-running 2x AMD fund, so spreads and limit orders carry more weight.
  • 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 AMDG profile⁠

Full UNHG profile⁠

AMDG vs UNHG Holdings

How AMDG and UNHG differ

Overlap by weight

12.0%

Shared holdings make up 19.9% of AMDG and 12.0% of UNHG.

Level by level

  • Holdings1 in both12.0%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for AMDG and UNHG.

Country, concentration and asset class

Country by domicile

Country weights in AMDG and UNHG, widest gap first
CountryMore in AMDGMore in UNHG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • AMDG219.9%
  • UNHG212.0%

Securities held

  • AMDG1
  • UNHG1

Asset class

AMDG
Equity
UNHG
Equity

Holdings

  • Only in AMDG0
  • In both1
  • Only in UNHG0

Only in AMDG

0 securities, 0.0% of AMDG by weight

Only in UNHG

0 securities, 0.0% of UNHG by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in AMDG and UNHG, widest gap first
HoldingMore in AMDGMore in UNHG
First American Treasury Obligations Fund 01/01/2040AMDG +7.90 points

All 5 AMDG holdings⁠All 5 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.

AMDG vs UNHG Cost

Overpaying AMDG vs UNHG

$173

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

  • AMDG 0.78%

    $15,002

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • AMDG 0.78%
  • 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$20K051015202530AMDG $15,002UNHG $14,829

Year by year

YearAMDGUNHGOverpaying
10$1,388$1,371$17
20$5,268$5,205$63
30$15,002$14,829$173

Expense ratio

  • 0.78%AMDG
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

AMDG 142nd cheapest of 315 funds

AMDG vs UNHG Dividends

Last 12 months to Oct 30, 2026
Last payment
AMDG $2.97
UNHG $1.90
Ex-dividend
AMDG Dec 30, 2025
UNHG Dec 30, 2025
Paid on
AMDG Jan 2, 2026
UNHG Jan 2, 2026
Frequency
AMDG Irregular
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

AMDGIrregular · 1 paymentAll AMDG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $2.97. Use the arrow keys to read each point.$0$2.502026YTD
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$2.502026YTD

AMDG vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMDG 206.3%since Feb 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
AMDG 1.20since Feb 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
AMDG −63.0%since Jan 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
AMDG 5.60UNHG 5.53

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