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ASMU vs UNHG

Direxion Daily ASML Bull 2X ETF

ASMUBNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.20pt a year

ASMU0.97%UNHG0.77%

Avg volume · 30D

UNHG 6.3×the volume

ASMU116KUNHG726K

ASMU vs UNHG Performance

Jul 31, 2026 – Oct 30, 2026

−13.3%ASMU−8.1%UNHG

Jul 31, 2026 to Oct 30, 2026. ASMU −13.3%. UNHG −8.1%. Use the arrow keys to read each point.0%10%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
ASMU 0.97%
UNHG 0.77%, better
Fund size
ASMU $11M
UNHG $63M
1Y total return
ASMU No data
UNHG +11.9%
Holdings
ASMU 10
UNHG 5
Avg volume (30D)
ASMU 116K sh
UNHG 726K sh, better
NAV per share
ASMU $27.29
UNHG $20.57
52W range

ETF.net Grade

ASMU: Cost 54, Risk 78, Mission 89, Tradability 54, Holdings not scored, Durability 62. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for ASMU, UNHG, with each pillar’s weight
PillarASMUUNHG
Cost30% weightC54B60Higher
Mission25% weightA89A90Higher
Risk15% weightA78A83Higher
Tradability15% weightC54A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB62B66Higher

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. ASMU 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 ASMU 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 37BAMZUDirexion Daily AMZN Bull 2X ETFScore 60
  5. Rank 37BASMUDirexion Daily ASML Bull 2X ETFScore 60
  6. Rank 37BCOHHLeverage Shares 2X Long COHR Daily ETFScore 60

Our read on each fund

ETF.net Research

ASMUBDirexion Daily ASML Bull 2X ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

ASMU Two times the daily move of ASML, the one company making the EUV lithography machines cutting-edge chips require. Direxion's 2x wrapper resets every day, so it tracks a one-day objective rather than a long-run one.

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

ASMU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of ASML Holding N.V.'s 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

  • ASMU The underlying is ASML, the only supplier of EUV lithography systems. ASMU aims for 200% of that stock's daily move, before fees and expenses.asml.commarketsandmarkets.com
  • Sticks close to the job it advertises: one of the tighter deliveries of its stated daily target in a crowded field of single-stock leveraged funds.
  • Two times, not three. The declared multiple is 200% of the daily move, a milder dose of amplification than triple-leveraged single-stock wrappers.direxion.com
  • Costs 0.97% net of a waiver through September 1, 2027 (0.99% gross), which sits near the typical fee for leveraged single-stock funds rather than above it.
  • 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

  • ASMU ASMG runs the same 2x ASML daily mandate for 0.77%, no waiver holding that number down. Same reference stock, lower sticker.
  • Daily reset: hold past one day and the result depends on ASML's path, not just its net move. Choppy stretches eat into returns even if the stock lands flat.
  • Launched in February 2026, so the record is short, and it trades moderately rather than heavily, which can mean wider spreads around the open and close.
  • 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 ASMU profile⁠

Full UNHG profile⁠

ASMU 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.

ASMU vs UNHG Cost

Overpaying ASMU vs UNHG

$3,369

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

  • ASMU 0.97%

    $18,198

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • ASMU 0.97%
  • 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$20K051015202530ASMU $18,198UNHG $14,829

Year by year

YearASMUUNHGOverpaying
10$1,712$1,371$341
20$6,443$5,205$1,238
30$18,198$14,829$3,369

Expense ratio

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

UNHG 135th cheapest of 315 funds

ASMU 156th cheapest of 315 funds

ASMU vs UNHG Dividends

Last 12 months to Oct 30, 2026
Last payment
ASMU $0.22
UNHG $1.90
Ex-dividend
ASMU Sep 22, 2026
UNHG Dec 30, 2025
Paid on
ASMU Sep 29, 2026
UNHG Jan 2, 2026
Frequency
ASMU Quarterly
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

ASMUQuarterly · 3 paymentsAll ASMU payments⁠
One bar per payment. 3 payments from 2025 to 2026 YTD. Mar 24, 2026 $0.05; Jun 23, 2026 $0.13; Sep 22, 2026 $0.22. Use the arrow keys to read each point.$0$22026YTD
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

ASMU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ASMU No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
ASMU No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
ASMU No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
ASMU 1.84UNHG 5.53

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