CSCL vs UNHG: Grades, Fees and Holdings Compared

Direxion Daily CSCO Bull 2X ETF

CSCLBNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

0.0%by weight

Expense ratio

UNHG −0.30pt a year

CSCL1.07%UNHG0.77%

Avg volume · 30D

UNHG 20.0×the volume

CSCL36.3KUNHG726K

CSCL vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

+67.8%CSCL+11.9%UNHG

Expense ratio: CSCL 1.07%; UNHG 0.77%, better
Fund size: CSCL $10M; UNHG $63M
1Y total return: CSCL +67.8%, better; UNHG +11.9%
Yield (12M): CSCL 1.64%; UNHG No data
Holdings: CSCL 9; UNHG 5
Avg volume (30D): CSCL 36.3K sh; UNHG 726K sh, better
NAV per share: CSCL $49.68; UNHG $20.57
52W range

ETF.net Grade

Pillar letters and Scores for CSCL, UNHG, with each pillar’s weight
Pillar	CSCL	UNHG
Cost30% weight	C40	B60Higher
Mission25% weight	A99Higher	A90
Risk15% weight	A86Higher	A83
Tradability15% weight	C53	A91Higher
Holdings10% weight	Not scored	Not scored
Durability5% weight	B68Higher	B66

Rank among Single-Stock Long Leveraged funds

How we build Categories ›

Same Category. CSCL 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 CSCL 68th of 315 funds in the Single-Stock Long Leveraged Category.

Rank 1ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
Rank 2AUNHGLeverage Shares 2x Long UNH Daily ETFScore 72
Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
Rank 68CAAPXT-REX 2X Long Apple Daily Target ETFScore 55
Rank 68BCSCLDirexion Daily CSCO Bull 2X ETFScore 55
Rank 68BGOUGraniteShares 2x Long GOOG Daily ETFScore 55

Our read on each fund

ETF.net Research

CSCLBDirexion Daily CSCO Bull 2X ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

CSCL Most single-stock leverage chases AI highfliers. CSCL aims at a networking incumbent instead: 200% of Cisco's daily move, before fees, reset every day. A bear twin on the same stock covers the other side.

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

CSCL The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Cisco Systems, Inc. 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

CSCL Does one job with a published number: 200% of Cisco's daily move before fees and expenses. Direxion runs a bear fund on the same stock for traders who want the other side.direxion.com
Since its June 2025 launch it has tracked that daily 2x target closely, one of the tighter implementations in a crowded single-stock leverage field.
Charged at 1.07% net of a waiver through September 1, 2027, well under the 2.25% gross ratio.

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.com sec.gov

Worth knowing

CSCL Daily reset: hold it longer than a day and returns compound off each day's result, so multi-week outcomes can drift far from 2x Cisco. Built as a trading tool.direxion.com
Even net, the fee sits above the category norm, and cheaper peers like OKTG (0.75%) and TSMG (0.76%) carry no waiver to expire.
Small asset base and thin trading mean wider spreads; limit orders matter. The record also starts in mid-2025, so there is little history to lean on.

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 CSCL profile⁠

Full UNHG profile⁠

CSCL vs UNHG Holdings

How CSCL and UNHG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of CSCL and 0.0% of UNHG.

Level by level

Holdings0 in both0.0%
Asset classEquity100%
Countryby domicile100%

Sector

No Sector split for UNHG.

Country, concentration and asset class

Country by domicile

Country weights in CSCL and UNHG, widest gap first
Country	More in CSCLMore in UNHG	CSCL	UNHG
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

CSCL100.0%
UNHG212.0%

Securities held

CSCL3
UNHG1

Asset class

CSCL: Equity
UNHG: Equity

Holdings

Only in CSCL3
In both0
Only in UNHG1

Only in CSCL

3 securities, 20.5% of CSCL by weight

Goldman Finl Sq Trsry Inst 50610.49%
Goldman Sachs Fin Gov 465 Institut5.61%
Cisco Systems Inc4.37%

Only in UNHG

1 security, 12.0% of UNHG by weight

First American Treasury Obligations Fund 01/01/204011.99%

Weight gaps

CSCL and UNHG share no securities.

All 6 CSCL holdings⁠All 5 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.

CSCL vs UNHG Cost

Overpaying CSCL vs UNHG

$4,986

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

CSCL 1.07%
$19,815
UNHG 0.77%
$14,829

Amount$10,000

Years30 years

Cost over time

CSCL 1.07%
UNHG 0.77%
Overpaying

Year by year

Year	CSCL	UNHG	Overpaying
10	$1,881	$1,371	$510
20	$7,046	$5,205	$1,841
30	$19,815	$14,829	$4,986

Expense ratio

1.07%CSCL
0.77%UNHG, cheaper

UNHG0.77%CSCL1.07%

0.20%2.28%

Middle half of Single-Stock Long Leveraged funds
Median 0.97%

UNHG 135th cheapest of 315 funds

CSCL 213th cheapest of 315 funds

CSCL vs UNHG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): CSCL 1.64%; UNHG No data
Payout (12M): CSCL $0.76; UNHG No data
Last payment: CSCL $0.20; UNHG $1.90
Ex-dividend: CSCL Sep 22, 2026; UNHG Dec 30, 2025
Paid on: CSCL Sep 29, 2026; UNHG Jan 2, 2026
Frequency: CSCL Quarterly; UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

CSCLQuarterly · 5 paymentsAll CSCL payments⁠

UNHGIrregular · 1 paymentAll UNHG payments⁠

CSCL vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: CSCL 71.2%since Jul 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years: CSCL 0.84since Jul 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years: CSCL −40.3%since Jun 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years: CSCL 3.96UNHG 5.53; Market = 1

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