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ARCX vs UNHG

Tradr 2X Long ACHR Daily ETF

ARCXDCboe

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.53pt a year

ARCX1.30%UNHG0.77%

Avg volume · 30D

UNHG 16.6×the volume

ARCX43.8KUNHG726K

ARCX vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

−92.6%ARCX+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. ARCX −92.6%. UNHG +11.9%. Use the arrow keys to read each point.−75%−50%−25%Oct 2025Apr 2026Oct 2026
Expense ratio
ARCX 1.30%
UNHG 0.77%, better
Fund size
ARCX $5M
UNHG $63M
1Y total return
ARCX −92.6%
UNHG +11.9%, better
Holdings
ARCX 2
UNHG 5
Avg volume (30D)
ARCX 43.8K sh
UNHG 726K sh, better
NAV per share
ARCX $6.67
UNHG $20.57
52W range

ETF.net Grade

ARCX: Cost 32, Risk 30, Mission 93, Tradability 40, Holdings not scored, Durability 57. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for ARCX, UNHG, with each pillar’s weight
PillarARCXUNHG
Cost30% weightD32B60Higher
Mission25% weightA93HigherA90
Risk15% weightD30A83Higher
Tradability15% weightC40A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB57B66Higher

Rank among Single-Stock Long Leveraged funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ARCX 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 ARCX 261st 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 258DOSCXDefiance Daily Target 2X Long OSCR ETFScore 36
  5. Rank 261DARCXTradr 2X Long ACHR Daily ETFScore 35
  6. Rank 261DRKLXDaily Target 2X Long RKLB ETFScore 35

Our read on each fund

ETF.net Research

ARCXDTradr 2X Long ACHR Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

ARCX Geared exposure to one story stock: ARCX aims for two times Archer Aviation's daily move, in a plain brokerage account. Built for a single trading day, not a long-haul air-taxi bet.

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

ARCX The fund seeks daily results equal to two times the daily performance of Archer Aviation Inc. common shares, before fees and expenses. It is designed for a single trading day rather than longer holding periods.

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

  • ARCX Aims to deliver 2x Archer Aviation's daily move in an ETF wrapper, so no options approvals or margin account needed to express the trade.tradretfs.com
  • 2x, not 3x. The smaller multiple is the gentler step on the geared ladder for a stock that already moves hard on its own.tradretfs.com
  • A registered 1940 Act fund, so exposure is limited to what you put in. No margin calls, no separate swap account to manage.
  • Has stayed reasonably close to its stated 2x daily target, the one job this kind of fund is built to do.
  • 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

  • ARCX The leverage resets daily. Hold past one session and your return comes from compounding, which can drift well away from 2x the stock's move over that stretch.
  • Fees run 1.30% a year, above the typical 2x single-stock fund. Several rivals in the group, including UNHG and AMDG, charge 0.75%.
  • Launched in 2025 and still a small fund, so bid-ask spreads and trading friction weigh more here than at the category's heavyweights. It also pays nothing out.
  • 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 ARCX profile⁠

Full UNHG profile⁠

ARCX 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.

ARCX vs UNHG Cost

Overpaying ARCX vs UNHG

$8,540

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

  • ARCX 1.30%

    $23,369

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • ARCX 1.30%
  • 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$20K$25K051015202530ARCX $23,369UNHG $14,829

Year by year

YearARCXUNHGOverpaying
10$2,263$1,371$892
20$8,393$5,205$3,188
30$23,369$14,829$8,540

Expense ratio

  • 1.30%ARCX
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

ARCX 229th cheapest of 315 funds

ARCX vs UNHG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

ARCXAll ARCX 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

ARCX vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ARCX 108.4%since Jul 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
ARCX −1.21since Jul 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
ARCX −96.5%since Jun 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
ARCX 5.89UNHG 5.53

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