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BEG vs UNHG

Leverage Shares 2x Long BE Daily ETF

BEGBNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

BEG −0.02pt a year

BEG0.75%UNHG0.77%

Avg volume · 30D

UNHG 1.9×the volume

BEG373KUNHG726K

BEG vs UNHG Performance

Dec 31, 2025 – Oct 30, 2026

+81.1%BEG+22.2%UNHG

Dec 31, 2025 to Oct 30, 2026. BEG +81.1%. UNHG +22.2%. Use the arrow keys to read each point.200%400%600%Dec 2025Jun 2026Oct 2026
Expense ratio
BEG 0.75%, better
UNHG 0.77%
Fund size
BEG $40M
UNHG $63M
1Y total return
BEG No data
UNHG +11.9%
Holdings
BEG 5
UNHG 5
Avg volume (30D)
BEG 373K sh
UNHG 726K sh, better
NAV per share
BEG $24.54
UNHG $20.57
52W range

ETF.net Grade

BEG: Cost 70, Risk 48, Mission 63, Tradability 76, Holdings not scored, Durability 61. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for BEG, UNHG, with each pillar’s weight
PillarBEGUNHG
Cost30% weightA70HigherB60
Mission25% weightB63A90Higher
Risk15% weightC48A83Higher
Tradability15% weightA76A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB61B66Higher

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. BEG 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 BEG 18th 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 18BARMGLeverage Shares 2x Long ARM Daily ETFScore 65
  5. Rank 18BBEGLeverage Shares 2x Long BE Daily ETFScore 65
  6. Rank 18BKLAGLeverage Shares 2X Long KLAC Daily ETFScore 65

Our read on each fund

ETF.net Research

BEGBLeverage Shares 2x Long BE Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

BEG Two US ETFs offer 2x daily Bloom Energy exposure. BEG is the cheap one: 0.75% a year for a fund built to track 200% of BE's daily move, reset every single day.

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

BEG The fund seeks daily investment results equal to 200% of Bloom Energy Corporation stock's daily performance before fees and expenses.

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

  • BEG The fee is the pitch: 0.75% a year, against 1.30% for BEX, the other 2x Bloom Energy ETF.
  • One job, stated plainly: 200% of Bloom Energy's daily performance before fees and expenses. No index, no basket, no overlay to decode.leverageshares.com
  • A registered 1940 Act fund, so the leveraged exposure arrives in an ordinary brokerage account with no margin loan to arrange.leverageshares.com
  • Sits in the upper half of a crowded field of leveraged single-stock bull funds, helped by one of the lower fees in that group.
  • 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

  • BEG The 2x target resets daily. Hold longer and compounding takes over: a choppy stretch can leave you short of 2x even if BE ends higher.
  • Everything rides on one fuel-cell maker, doubled. A single guidance change or bad print at Bloom Energy lands twice as hard.
  • Launched in December 2025, so there is little history to study and the fund is still building its trading record.
  • 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 BEG profile⁠

Full UNHG profile⁠

BEG 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.

BEG vs UNHG Cost

Overpaying UNHG vs BEG

$347

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

  • BEG 0.75%

    $14,482

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • BEG 0.75%
  • 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$15K051015202530UNHG $14,829BEG $14,482

Year by year

YearBEGUNHGOverpaying
10$1,336$1,371$35
20$5,078$5,205$127
30$14,482$14,829$347

Expense ratio

  • 0.75%BEG, cheaper
  • 0.77%UNHG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

BEG 87th cheapest of 315 funds

UNHG 135th cheapest of 315 funds

BEG vs UNHG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

BEGAll BEG 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

BEG vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

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

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