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CATG vs UNHG

Leverage Shares 2x Long CAT Daily ETF

CATGCCboe

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

CATG −0.02pt a year

CATG0.75%UNHG0.77%

Avg volume · 30D

UNHG 9.7×the volume

CATG76.5KUNHG744K

CATG vs UNHG Performance

Aug 7, 2026 – Nov 9, 2026

−53.5%CATG−8.8%UNHG

Aug 7, 2026 to Nov 9, 2026. CATG −53.5%. UNHG −8.8%. Use the arrow keys to read each point.−40%−20%0%Aug 2026Sep 2026Nov 2026
Expense ratio
CATG 0.75%, better
UNHG 0.77%
Fund size
CATG $4M
UNHG $73M
1Y total return
CATG No data
UNHG +18.8%
Holdings
CATG 4
UNHG 6
Avg volume (30D)
CATG 76.5K sh
UNHG 744K sh, better
NAV per share
CATG $4.67
UNHG $19.20
52W range

ETF.net Grade

CATG: Cost 70, Risk 47, Mission 100, Tradability 56, Holdings not scored, Durability 43. UNHG: Cost 61, Risk 86, Mission 91, Tradability 91, Holdings not scored, Durability 67.
Pillar letters and Scores for CATG, UNHG, with each pillar’s weight
PillarCATGUNHG
Cost30% weightA70HigherB61
Mission25% weightA100HigherA91
Risk15% weightC47A86Higher
Tradability15% weightB56A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC43B67Higher

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. CATG and UNHG are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

UNHG ranks 1st and CATG 124th of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 124CCARXCorgi CART 2x Daily ETFScore 40
  4. Rank 124CCATGLeverage Shares 2x Long CAT Daily ETFScore 40
  5. Rank 124CCDNGLeverage Shares 2X Long CDNS Daily ETFScore 40

Our read on each fund

ETF.net Research

CATGCLeverage Shares 2x Long CAT Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

CATG Most 2x single-stock ETFs chase megacap tech. CATG points the same daily-reset machinery at Caterpillar, the yellow-iron bellwether of construction, mining and global capex, aiming for twice CAT's daily move at a below-average fee.

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

CATG The fund seeks to deliver twice the daily performance of Caterpillar Inc. stock, 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

  • CATG Aims to deliver twice Caterpillar's daily move from a plain brokerage account, with no margin loan or options ladder to manage.leverageshares.com
  • 0.75% a year, under the typical fee for 2x single-stock funds and below Direxion peers such as AAPU and GGLL at 0.96%.
  • A 1940 Act ETF wrapper: the 2x multiple and daily reset are spelled out in the prospectus, and your exposure stops at the shares you hold.leverageshares.com
  • Industrial rather than tech exposure: the reference is one machinery maker tied to construction and mining demand, a corner rarely covered by leveraged funds.
  • 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

  • CATG The leverage resets daily. Hold for weeks and results can drift far from twice CAT's move over that stretch, with choppy markets doing the most damage.
  • Two-times cuts both ways: a 1% fall in CAT is designed to be about a 2% fall here, before fees.
  • A small, thinly traded fund launched in 2026, so spreads and order sizing matter. It pays no distributions; everything rides on price.
  • 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 CATG profile⁠

Full UNHG profile⁠

CATG 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.

CATG vs UNHG Cost

Overpaying UNHG vs CATG

$347

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

  • CATG 0.75%

    $14,482

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • CATG 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 $14,829CATG $14,482

Year by year

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

Expense ratio

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

CATG 87th cheapest of 312 funds

UNHG 135th cheapest of 312 funds

CATG vs UNHG Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
CATG None
UNHG No data
Last payment
CATG No data
UNHG $1.90
Ex-dividend
CATG No data
UNHG Dec 30, 2025
Paid on
CATG No data
UNHG Jan 2, 2026
Frequency
CATG No data
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

CATGAll CATG 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

CATG vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CATG No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
CATG No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
CATG No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
CATG −2.25UNHG 5.19

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