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FUTG vs UNHG

Leverage Shares 2x Long FUTU Daily ETF

FUTGBNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

FUTG −0.02pt a year

FUTG0.75%UNHG0.77%

Avg volume · 30D

FUTG 1.1×the volume

FUTG827KUNHG726K

FUTG vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

−86.3%FUTG+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. FUTG −86.3%. UNHG +11.9%. Use the arrow keys to read each point.−50%−25%25%Oct 2025Apr 2026Oct 2026
Expense ratio
FUTG 0.75%, better
UNHG 0.77%
Fund size
FUTG $13M
UNHG $63M
1Y total return
FUTG −86.3%
UNHG +11.9%, better
Holdings
FUTG 4
UNHG 5
Avg volume (30D)
FUTG 827K sh, better
UNHG 726K sh
NAV per share
FUTG $3.05
UNHG $20.57
52W range

ETF.net Grade

FUTG: Cost 70, Risk 36, Mission 67, Tradability 72, Holdings not scored, Durability 57. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for FUTG, UNHG, with each pillar’s weight
PillarFUTGUNHG
Cost30% weightA70HigherB60
Mission25% weightB67A90Higher
Risk15% weightD36A83Higher
Tradability15% weightA72A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB57B66Higher

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. FUTG 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 FUTG 32nd 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 32BCRCGLeverage Shares 2x Long CRCL Daily ETFScore 61
  5. Rank 32BFUTGLeverage Shares 2x Long FUTU Daily ETFScore 61
  6. Rank 32BMETWRoundhill META WeeklyPay ETFScore 61

Our read on each fund

ETF.net Research

FUTGBLeverage Shares 2x Long FUTU Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

FUTG Leveraged single-stock ETFs mostly crowd around megacap tech. FUTG aims 2x daily leverage at a financials name instead, Futu (FUTU), and charges 0.75% a year to do it.

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

FUTG The Fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of the FUTU underlying stock.

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

  • FUTG Targets 200% of FUTU's daily move in a plain ETF wrapper: no margin account, no options chain, no borrow to arrange.leverageshares.com
  • 0.75% a year undercuts the typical leveraged single-stock fund and matches the cheapest tier of the category, including Direxion's 2x bulls, which run higher.
  • A 1940 Act fund, not a note: daily holdings disclosure and standard ETF plumbing behind the leverage.leverageshares.com
  • Sits in the upper tier of a very crowded leveraged single-stock field on cost and ease of trading, and it changes hands actively despite a small asset base.
  • 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

  • FUTG The 2x target resets every day. Hold longer and your result can drift well away from twice FUTU's move, especially through choppy stretches.leverageshares.com
  • Leverage runs both directions: a down day in FUTU lands roughly twice as hard. The prospectus frames this as a position to monitor daily.leverageshares.com
  • Launched in late 2025 with a small asset base and no distributions so far, so there is limited history to judge it 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 FUTG profile⁠

Full UNHG profile⁠

FUTG 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.

FUTG vs UNHG Cost

Overpaying UNHG vs FUTG

$347

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

  • FUTG 0.75%

    $14,482

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • FUTG 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 $14,829FUTG $14,482

Year by year

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

Expense ratio

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

FUTG 87th cheapest of 315 funds

UNHG 135th cheapest of 315 funds

FUTG vs UNHG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

FUTGAll FUTG 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

FUTG vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FUTG 92.6%since Nov 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
FUTG −1.48since Nov 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
FUTG −86.3%since Oct 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
FUTG 1.37UNHG 5.53

Popular comparisons

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    Leverage Shares 2x Long FUTU Daily ETF · Leverage Shares 2x Long TSM Daily ETF

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