Skip to content
etf.net

AMDL vs UNHG

GraniteShares 2x Long AMD Daily ETF

AMDLCNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −1.10pt a year

AMDL1.87%UNHG0.77%

Avg volume · 30D

AMDL 3.7×the volume

AMDL2.68MUNHG726K

AMDL vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

+114.9%AMDL+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. AMDL +114.9%. UNHG +11.9%. Use the arrow keys to read each point.−50%50%200%250%Oct 2025Apr 2026Oct 2026
Expense ratio
AMDL 1.87%
UNHG 0.77%, better
Fund size
AMDL $1.03B
UNHG $63M
1Y total return
AMDL +114.9%, better
UNHG +11.9%
Holdings
AMDL 2
UNHG 5
Avg volume (30D)
AMDL 2.68M sh, better
UNHG 726K sh
NAV per share
AMDL $65.19
UNHG $20.57
52W range

ETF.net Grade

AMDL: Cost 1, Risk 49, Mission 97, Tradability 97, Holdings not scored, Durability 84. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for AMDL, UNHG, with each pillar’s weight
PillarAMDLUNHG
Cost30% weightF1B60Higher
Mission25% weightA97HigherA90
Risk15% weightC49A83Higher
Tradability15% weightA97HigherA91
Holdings10% weightNot scoredNot scored
Durability5% weightA84HigherB66

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. AMDL 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 AMDL 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 123CAMDCCorgi AMD 2x Daily ETFScore 40
  5. Rank 123CAMDLGraniteShares 2x Long AMD Daily ETFScore 40
  6. Rank 123CAMKXCorgi AMKR 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

AMDLCGraniteShares 2x Long AMD Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

AMDL A pure bet on one chip stock, doubled. AMDL aims to deliver twice AMD's daily move, resets the clock every day, and is one of the busiest names in the leveraged single-stock aisle.

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

AMDL The fund seeks daily investment results equal to twice the daily percentage change of Advanced Micro Devices, Inc.'s common stock, before fees and expenses.

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

  • AMDL Does exactly what the label says: twice AMD's daily percentage change before fees and expenses, and it has tracked that mandate closely since launching in 2024.graniteshares.com
  • Very actively traded, which makes it one of the easier 2x AMD wrappers to step into and back out of inside a single session.
  • Stands among the strongest implementations in a crowded field of leveraged single-stock bull funds.
  • 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

  • AMDL The fee is 1.07% a year, above rivals running the same 2x AMD mandate: AMDG charges 0.75%, AMDW 0.99%.
  • The 2x target applies to one day only. Hold longer and daily compounding takes over, so results can diverge from twice AMD's move, especially in choppy stretches.graniteshares.com
  • Everything rides on one semiconductor stock, magnified. A rough day for AMD lands twice as hard here.
  • 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 AMDL profile⁠

Full UNHG profile⁠

AMDL 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.

AMDL vs UNHG Cost

Overpaying AMDL vs UNHG

$16,440

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

  • AMDL 1.87%

    $31,269

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • AMDL 1.87%
  • UNHG 0.77%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530AMDL $31,269UNHG $14,829

Year by year

YearAMDLUNHGOverpaying
10$3,180$1,371$1,809
20$11,499$5,205$6,294
30$31,269$14,829$16,440

Expense ratio

  • 1.87%AMDL
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

AMDL 311th cheapest of 315 funds

AMDL vs UNHG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
AMDL None
UNHG No data
Last payment
AMDL No data
UNHG $1.90
Ex-dividend
AMDL No data
UNHG Dec 30, 2025
Paid on
AMDL No data
UNHG Jan 2, 2026
Frequency
AMDL No data
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

AMDLAll AMDL payments⁠

No distribution history available.

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

AMDL vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMDL 178.2%since Apr 2024UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
AMDL 0.72since Apr 2024UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
AMDL −88.6%since Mar 2024UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
AMDL 8.34UNHG 5.53

Popular comparisons

  • AMDLCvsTSMGA

    GraniteShares 2x Long AMD Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.87% · 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.

  • AMDLCvsOKTGA

    GraniteShares 2x Long AMD Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.87% · 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.

  • AMDLCvsPANGA

    GraniteShares 2x Long AMD Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.87% · 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.