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AMZU vs UNHG

Direxion Daily AMZN Bull 2X ETF

AMZUBNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

0.0%by weight

Expense ratio

UNHG −0.22pt a year

AMZU0.99%UNHG0.77%

Avg volume · 30D

AMZU 3.4×the volume

AMZU2.5MUNHG726K

AMZU vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

−21.7%AMZU+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. AMZU −21.7%. UNHG +11.9%. Use the arrow keys to read each point.−40%0%Oct 2025Apr 2026Oct 2026
Expense ratio
AMZU 0.99%
UNHG 0.77%, better
Fund size
AMZU $300M
UNHG $63M
1Y total return
AMZU −21.7%
UNHG +11.9%, better
Yield (12M)
AMZU 6.39%
UNHG No data
Holdings
AMZU 9
UNHG 5
Avg volume (30D)
AMZU 2.5M sh, better
UNHG 726K sh
NAV per share
AMZU $31.96
UNHG $20.57
52W range

ETF.net Grade

AMZU: Cost 48, Risk 61, Mission 86, Tradability 75, Holdings not scored, Durability 87. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for AMZU, UNHG, with each pillar’s weight
PillarAMZUUNHG
Cost30% weightC48B60Higher
Mission25% weightA86A90Higher
Risk15% weightB61A83Higher
Tradability15% weightA75A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA87HigherB66

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. AMZU 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 AMZU 37th 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 32BSKHUProshares Ultra Sk HynixScore 61
  5. Rank 37BAMZUDirexion Daily AMZN Bull 2X ETFScore 60
  6. Rank 37BASMUDirexion Daily ASML Bull 2X ETFScore 60

Our read on each fund

ETF.net Research

AMZUBDirexion Daily AMZN Bull 2X ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

AMZU The straight-ahead 2x Amazon trade: twice AMZN's daily move, reset every night, with no options overlay or income wrapper bolted on. Live since 2022 and one of the tighter builds in a crowded leveraged single-stock field.

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

AMZU The Fund seeks daily leveraged investment results equal to twice the daily performance of Amazon.com, Inc. 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

  • AMZU One job: twice Amazon's move, every trading day. No basket, no overlay, no income gimmick. It has tracked that stated daily objective closely.
  • Actively traded, which is what matters for a tool people hold for hours or days. Getting in and out is rarely the hard part here.
  • 0.99% a year, right around the going rate for leveraged single-stock funds. Rich next to an index fund, ordinary in this aisle.
  • Trading since 2022, and it stands among the strongest implementations in its leveraged single-stock peer group.
  • 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

  • AMZU The 2x resets nightly. Hold past a day and compounding takes over: a choppy stretch can leave the fund far from twice Amazon's move over that span.
  • One company, doubled. An earnings night or a guidance stumble at Amazon lands on this fund at twice the size, up or down.
  • Cheaper 2x wrappers exist in the cohort (UNHG and ASMG charge 0.75%), but they track different companies, so it is not a like-for-like swap.
  • 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 AMZU profile⁠

Full UNHG profile⁠

AMZU vs UNHG Holdings

How AMZU and UNHG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AMZU and 0.0% of UNHG.

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for UNHG.

Country, concentration and asset class

Country by domicile

Country weights in AMZU and UNHG, widest gap first
CountryMore in AMZUMore in UNHG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • AMZU100.0%
  • UNHG212.0%

Securities held

  • AMZU3
  • UNHG1

Asset class

AMZU
Equity
UNHG
Equity

Holdings

  • Only in AMZU3
  • In both0
  • Only in UNHG1

Only in AMZU

3 securities, 25.5% of AMZU by weight

  • Goldman Finl Sq Trsry Inst 50610.40%
  • Amazon.com Inc7.83%
  • Goldman Sachs Fin Gov 465 Institut7.26%

Only in UNHG

1 security, 12.0% of UNHG by weight

  • First American Treasury Obligations Fund 01/01/204011.99%

Weight gaps

AMZU and UNHG share no securities.

All 8 AMZU 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.

AMZU vs UNHG Cost

Overpaying AMZU vs UNHG

$3,696

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

  • AMZU 0.99%

    $18,525

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • AMZU 0.99%
  • 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$20K051015202530AMZU $18,525UNHG $14,829

Year by year

YearAMZUUNHGOverpaying
10$1,746$1,371$375
20$6,565$5,205$1,360
30$18,525$14,829$3,696

Expense ratio

  • 0.99%AMZU
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

AMZU 169th cheapest of 315 funds

AMZU vs UNHG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AMZU 6.39%
UNHG No data
Payout (12M)
AMZU $1.99
UNHG No data
Last payment
AMZU $0.19
UNHG $1.90
Ex-dividend
AMZU Sep 22, 2026
UNHG Dec 30, 2025
Paid on
AMZU Sep 29, 2026
UNHG Jan 2, 2026
Frequency
AMZU Quarterly
UNHG Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

AMZUQuarterly · 20 paymentsAll AMZU payments⁠
One bar per payment. 20 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.0058; Dec 20, 2022 $0.06; Mar 21, 2023 $0.07; Jun 21, 2023 $0.12; Sep 19, 2023 $0.16; Dec 8, 2023 $0.34; Dec 21, 2023 $0.21; Mar 19, 2024 $0.21; Jun 25, 2024 $0.25; Sep 24, 2024 $0.30; Dec 12, 2024 $0.54; Dec 23, 2024 $0.28; Mar 25, 2025 $0.20; Jun 24, 2025 $0.26; Sep 23, 2025 $0.22; Dec 10, 2025 $1.20; Dec 23, 2025 $0.25; Mar 24, 2026 $0.17; Jun 23, 2026 $0.17; Sep 22, 2026 $0.19. Use the arrow keys to read each point.$0$220232026YTD
UNHGIrregular · 1 paymentAll UNHG payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Dec 30, 2025 $1.90. Use the arrow keys to read each point.$0$220232026YTD

AMZU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMZU 58.6%UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
AMZU 0.44UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
AMZU −55.6%since Sep 2022UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
AMZU 2.92UNHG 5.53

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