Skip to content
etf.net

APHG vs UNHG

Leverage Shares 2X Long APH Daily ETF

APHGCCboe

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

12.0%by weight

Expense ratio

UNHG −0.22pt a year

APHG0.99%UNHG0.77%

Avg volume · 30D

UNHG 142.5×the volume

APHG5.1KUNHG726K

APHG vs UNHG Performance

Jul 31, 2026 – Oct 30, 2026

−9.9%APHG−8.1%UNHG

Jul 31, 2026 to Oct 30, 2026. APHG −9.9%. UNHG −8.1%. Use the arrow keys to read each point.−20%0%10%Jul 2026Sep 2026Oct 2026
Expense ratio
APHG 0.99%
UNHG 0.77%, better
Fund size
APHG $0
UNHG $63M
1Y total return
APHG No data
UNHG +11.9%
Holdings
APHG 3
UNHG 5
Avg volume (30D)
APHG 5.1K sh
UNHG 726K sh, better
NAV per share
APHG $13.32
UNHG $20.57
52W range

ETF.net Grade

APHG: Cost 48, Risk 79, Mission not scored, Tradability 41, Holdings not scored, Durability 26. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for APHG, UNHG, with each pillar’s weight
PillarAPHGUNHG
Cost30% weightC48B60Higher
Mission25% weightNot scoredA90
Risk15% weightA79A83Higher
Tradability15% weightC41A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD26B66Higher

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. APHG 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 APHG 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 123CAMZGLeverage Shares 2X Long AMZN Daily ETFScore 40
  5. Rank 123CAPHGLeverage Shares 2X Long APH Daily ETFScore 40
  6. Rank 123CAPMICorgi AMAT 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

APHGCLeverage Shares 2X Long APH Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

APHG No data

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

APHG No data

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

APHG No data

  • 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

APHG No data

  • 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 APHG profile⁠

Full UNHG profile⁠

APHG vs UNHG Holdings

How APHG and UNHG differ

Overlap by weight

12.0%

Shared holdings make up 19.3% of APHG and 12.0% of UNHG.

Level by level

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

Sector

No Sector split for APHG and UNHG.

Country, concentration and asset class

Country by domicile

Country weights in APHG and UNHG, widest gap first
CountryMore in APHGMore in UNHG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • APHG219.3%
  • UNHG212.0%

Securities held

  • APHG1
  • UNHG1

Asset class

APHG
Equity
UNHG
Equity

Holdings

  • Only in APHG0
  • In both1
  • Only in UNHG0

Only in APHG

0 securities, 0.0% of APHG 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 APHG and UNHG, widest gap first
HoldingMore in APHGMore in UNHG
First American Treasury Obligations Fund 01/01/2040APHG +7.36 points

All 3 APHG 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.

APHG vs UNHG Cost

Overpaying APHG vs UNHG

$3,696

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

  • APHG 0.99%

    $18,525

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • APHG 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$20K051015202530APHG $18,525UNHG $14,829

Year by year

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

Expense ratio

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

UNHG 135th cheapest of 315 funds

APHG 169th cheapest of 315 funds

APHG vs UNHG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

APHGAll APHG 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

APHG vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
APHG No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
APHG No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
APHG No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
APHG −1.02UNHG 5.53

Popular comparisons

  • APHGCvsTSMGA

    Leverage Shares 2X Long APH Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.99% · 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.

  • APHGCvsOKTGA

    Leverage Shares 2X Long APH Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.99% · 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.

  • APHGCvsPANGA

    Leverage Shares 2X Long APH Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.99% · 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.