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BABU vs UNHG

Direxion Daily BABA Bull 2X ETF

BABUCNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.20pt a year

BABU0.97%UNHG0.77%

Avg volume · 30D

UNHG 4.7×the volume

BABU155KUNHG726K

BABU vs UNHG Performance

Jul 31, 2026 – Oct 30, 2026

−39.7%BABU−8.1%UNHG

Jul 31, 2026 to Oct 30, 2026. BABU −39.7%. UNHG −8.1%. Use the arrow keys to read each point.−30%−20%0%10%Jul 2026Sep 2026Oct 2026
Expense ratio
BABU 0.97%
UNHG 0.77%, better
Fund size
BABU $6M
UNHG $63M
1Y total return
BABU No data
UNHG +11.9%
Holdings
BABU 9
UNHG 5
Avg volume (30D)
BABU 155K sh
UNHG 726K sh, better
NAV per share
BABU $7.34
UNHG $20.57
52W range

ETF.net Grade

BABU: Cost 54, Risk 47, Mission 93, Tradability 47, Holdings not scored, Durability 59. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for BABU, UNHG, with each pillar’s weight
PillarBABUUNHG
Cost30% weightC54B60Higher
Mission25% weightA93HigherA90
Risk15% weightC47A83Higher
Tradability15% weightC47A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB59B66Higher

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. BABU 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 BABU 82nd 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 78CQCMUDirexion Daily QCOM Bull 2X ETFScore 52
  5. Rank 82CBABUDirexion Daily BABA Bull 2X ETFScore 51
  6. Rank 82CLMTLDirexion Daily LMT Bull 2X ETFScore 51

Our read on each fund

ETF.net Research

BABUCDirexion Daily BABA Bull 2X ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

BABU Three ETFs chase 200% of Alibaba's daily move. This one charges the least of them: 0.97% net of a waiver through September 1, 2027. A trading tool, built for days, not years.

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

BABU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Alibaba Group Holding Limited 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

  • BABU Lowest fee of the BABA doublers: 0.97% net of a waiver through September 1, 2027, vs KBAB (0.99% net, waiver to August 1, 2028) and BABX (1.15% net, waiver to December 31, 2026).
  • Does what it says: the fund has tracked its 200% daily target closely, one of the stronger implementations in a crowded leveraged single-stock field.
  • Doubled Alibaba exposure from a plain brokerage ticker, with no margin account or stock-borrow arrangement to set up.investor.gov
  • 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

  • BABU The 2x target resets every day. Over longer stretches compounding pushes results away from twice BABA's move, and choppy markets widen that gap.investor.gov
  • One stock, no diversification cushion: every Alibaba earnings print or Beijing policy headline arrives here at double speed.sec.gov
  • Cheapest of its trio, not cheap outright: the fee sits near the leveraged single-stock median and above top-ranked 2x funds like TSMG (0.76%). Gross is 0.99% if the waiver lapses.
  • 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 BABU profile⁠

Full UNHG profile⁠

BABU 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.

BABU vs UNHG Cost

Overpaying BABU vs UNHG

$3,369

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

  • BABU 0.97%

    $18,198

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • BABU 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$20K051015202530BABU $18,198UNHG $14,829

Year by year

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

Expense ratio

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

UNHG 135th cheapest of 315 funds

BABU 156th cheapest of 315 funds

BABU vs UNHG Dividends

Last 12 months to Oct 30, 2026
Last payment
BABU $0.05
UNHG $1.90
Ex-dividend
BABU Sep 22, 2026
UNHG Dec 30, 2025
Paid on
BABU Sep 29, 2026
UNHG Jan 2, 2026
Frequency
BABU Quarterly
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

BABUQuarterly · 3 paymentsAll BABU payments⁠
One bar per payment. 3 payments from 2025 to 2026 YTD. Mar 24, 2026 $0.05; Jun 23, 2026 $0.05; Sep 22, 2026 $0.05. 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

BABU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BABU No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
BABU No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
BABU No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
BABU 1.51UNHG 5.53

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