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CRCA vs UNHG

ProShares Ultra CRCL

CRCABNYSE Arca

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.18pt a year

CRCA0.95%UNHG0.77%

Avg volume · 30D

CRCA 1.4×the volume

CRCA1.03MUNHG726K

CRCA vs UNHG Performance

Oct 31, 2025 – Nov 2, 2026

−89.5%CRCA+8.4%UNHG

Oct 31, 2025 to Nov 2, 2026. CRCA −89.5%. UNHG +8.4%. Use the arrow keys to read each point.−75%−50%−25%25%Oct 2025May 2026Nov 2026
Expense ratio
CRCA 0.95%
UNHG 0.77%, better
Fund size
CRCA $75M
UNHG $63M
1Y total return
CRCA −89.5%
UNHG +8.4%, better
Yield (12M)
CRCA 6.28%
UNHG No data
Holdings
CRCA 1
UNHG 5
Avg volume (30D)
CRCA 1.03M sh, better
UNHG 726K sh
NAV per share
CRCA $12.77
UNHG $20.57
52W range

ETF.net Grade

CRCA: Cost 56, Risk 31, Mission not scored, Tradability 75, Holdings not scored, Durability 77. UNHG: Cost 60, Risk 83, Mission 90, Tradability 90, Holdings not scored, Durability 66.
Pillar letters and Scores for CRCA, UNHG, with each pillar’s weight
PillarCRCAUNHG
Cost30% weightB56B60Higher
Mission25% weightNot scoredA90
Risk15% weightD31A83Higher
Tradability15% weightA75A90Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA77HigherB66

Rank among Single-Stock Long Leveraged funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CRCA 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 CRCA 62nd 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 62BAMZZGraniteShares 2x Long AMZN Daily ETFScore 56
  5. Rank 62BCRCAProShares Ultra CRCLScore 56
  6. Rank 62BGOUGraniteShares 2x Long GOOG Daily ETFScore 56

Our read on each fund

ETF.net Research

CRCABProShares Ultra CRCL

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

CRCA 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

CRCA 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

CRCA 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

CRCA 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 CRCA profile⁠

Full UNHG profile⁠

CRCA 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.

CRCA vs UNHG Cost

Overpaying CRCA vs UNHG

$3,040

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

  • CRCA 0.95%

    $17,869

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • CRCA 0.95%
  • 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$20K051015202530CRCA $17,869UNHG $14,829

Year by year

YearCRCAUNHGOverpaying
10$1,678$1,371$307
20$6,322$5,205$1,117
30$17,869$14,829$3,040

Expense ratio

  • 0.95%CRCA
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

CRCA 152nd cheapest of 315 funds

CRCA vs UNHG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
CRCA 6.28%
UNHG No data
Payout (12M)
CRCA $0.79
UNHG No data
Last payment
CRCA $0.13
UNHG $1.90
Ex-dividend
CRCA Sep 23, 2026
UNHG Dec 30, 2025
Paid on
CRCA Sep 29, 2026
UNHG Jan 2, 2026
Frequency
CRCA Quarterly
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

CRCAQuarterly · 5 paymentsAll CRCA payments⁠
One bar per payment. 5 payments from 2025 to 2026 YTD. Sep 24, 2025 $0.21; Dec 24, 2025 $0.22; Mar 25, 2026 $0.27; Jun 24, 2026 $0.18; Sep 23, 2026 $0.13. 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

CRCA vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CRCA 169.7%since Sep 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
CRCA −0.37since Sep 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
CRCA −95.5%since Aug 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
CRCA 1.32UNHG 5.19

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