Skip to content
etf.net

GLXU vs UNHG

T-REX 2X Long GLXY Daily Target ETF

GLXUFCboe

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.73pt a year

GLXU1.50%UNHG0.77%

Avg volume · 30D

UNHG 3.1×the volume

GLXU233KUNHG726K

GLXU vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

−92.9%GLXU+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. GLXU −92.9%. UNHG +11.9%. Use the arrow keys to read each point.−75%−50%−25%Oct 2025Apr 2026Oct 2026
Expense ratio
GLXU 1.50%
UNHG 0.77%, better
Fund size
GLXU $10M
UNHG $63M
1Y total return
GLXU −92.9%
UNHG +11.9%, better
Holdings
GLXU 2
UNHG 5
Avg volume (30D)
GLXU 233K sh
UNHG 726K sh, better
NAV per share
GLXU $2.78
UNHG $20.57
52W range

ETF.net Grade

GLXU: Cost 11, Risk 27, Mission not scored, Tradability 32, Holdings not scored, Durability 62. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for GLXU, UNHG, with each pillar’s weight
PillarGLXUUNHG
Cost30% weightF11B60Higher
Mission25% weightNot scoredA90
Risk15% weightD27A83Higher
Tradability15% weightD32A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB62B66Higher

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. GLXU 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 GLXU 298th 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 298FCRMXTradr 2X Long CRML Daily ETFScore 23
  5. Rank 298FGLXUT-REX 2X Long GLXY Daily Target ETFScore 23
  6. Rank 301FBTDLGraniteShares 2x Long BTDR Daily ETFScore 22

Our read on each fund

ETF.net Research

GLXUFT-REX 2X Long GLXY Daily Target ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

GLXU 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

GLXU 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

GLXU 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

GLXU 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 GLXU profile⁠

Full UNHG profile⁠

GLXU 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.

GLXU vs UNHG Cost

Overpaying GLXU vs UNHG

$11,454

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

  • GLXU 1.50%

    $26,283

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • GLXU 1.50%
  • UNHG 0.77%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530GLXU $26,283UNHG $14,829

Year by year

YearGLXUUNHGOverpaying
10$2,590$1,371$1,219
20$9,519$5,205$4,314
30$26,283$14,829$11,454

Expense ratio

  • 1.50%GLXU
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

GLXU 271st cheapest of 315 funds

GLXU vs UNHG Dividends

Last 12 months to Oct 30, 2026
Last payment
GLXU $0.78
UNHG $1.90
Ex-dividend
GLXU Dec 24, 2025
UNHG Dec 30, 2025
Paid on
GLXU Dec 26, 2025
UNHG Jan 2, 2026
Frequency
GLXU Irregular
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

GLXUIrregular · 1 paymentAll GLXU payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $0.78. 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

GLXU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GLXU 183.9%since Sep 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
GLXU −0.14since Sep 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
GLXU −96.0%since Aug 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
GLXU 10.98UNHG 5.53

Popular comparisons

  • GLXUFvsTSMGA

    T-REX 2X Long GLXY Daily Target ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.50% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UNHGAvsTSMGA

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

    Expense ratio
    0.77% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GLXUFvsOKTGA

    T-REX 2X Long GLXY Daily Target ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.50% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UNHGAvsOKTGA

    Leverage Shares 2x Long UNH Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.77% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GLXUFvsPANGA

    T-REX 2X Long GLXY Daily Target ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.50% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UNHGAvsPANGA

    Leverage Shares 2x Long UNH Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.77% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.