Skip to content
etf.net

BBUL vs UNHG

GraniteShares 2x Long BB Daily ETF

BBULDNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.73pt a year

BBUL1.50%UNHG0.77%

Avg volume · 30D

UNHG 40.8×the volume

BBUL17.8KUNHG726K

BBUL vs UNHG Performance

Jul 31, 2026 – Oct 30, 2026

−14.7%BBUL−8.1%UNHG

Jul 31, 2026 to Oct 30, 2026. BBUL −14.7%. UNHG −8.1%. Use the arrow keys to read each point.−20%0%10%20%Jul 2026Sep 2026Oct 2026
Expense ratio
BBUL 1.50%
UNHG 0.77%, better
Fund size
BBUL $1M
UNHG $63M
1Y total return
BBUL No data
UNHG +11.9%
Holdings
BBUL 2
UNHG 5
Avg volume (30D)
BBUL 17.8K sh
UNHG 726K sh, better
NAV per share
BBUL $13.53
UNHG $20.57
52W range

ETF.net Grade

BBUL: Cost 11, Risk 51, Mission not scored, Tradability 46, Holdings not scored, Durability 38. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for BBUL, UNHG, with each pillar’s weight
PillarBBULUNHG
Cost30% weightF11B60Higher
Mission25% weightNot scoredA90
Risk15% weightC51A83Higher
Tradability15% weightC46A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD38B66Higher

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. BBUL 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 BBUL 275th 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 272DPLUDaily Target 2X Long PL ETFScore 31
  5. Rank 275DBBULGraniteShares 2x Long BB Daily ETFScore 30
  6. Rank 275DBMNUT-Rex 2x Long BMNR Daily Target ETFScore 30

Our read on each fund

ETF.net Research

BBULDGraniteShares 2x Long BB Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

BBUL 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

BBUL 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

BBUL 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

BBUL 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 BBUL profile⁠

Full UNHG profile⁠

BBUL 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.

BBUL vs UNHG Cost

Overpaying BBUL vs UNHG

$11,454

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

  • BBUL 1.50%

    $26,283

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • BBUL 1.50%
  • UNHG 0.77%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530BBUL $26,283UNHG $14,829

Year by year

YearBBULUNHGOverpaying
10$2,590$1,371$1,219
20$9,519$5,205$4,314
30$26,283$14,829$11,454

Expense ratio

  • 1.50%BBUL
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

BBUL 271st cheapest of 315 funds

BBUL vs UNHG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

BBULAll BBUL 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

BBUL vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BBUL No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
BBUL No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
BBUL No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
BBUL 0.00UNHG 5.53

Popular comparisons

  • BBULDvsTSMGA

    GraniteShares 2x Long BB Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.50% · 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.

  • BBULDvsOKTGA

    GraniteShares 2x Long BB Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.50% · 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.

  • BBULDvsPANGA

    GraniteShares 2x Long BB Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.50% · 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.