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HIMZ vs UNHG

Daily Target 2X Long HIMS ETF

HIMZDNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.56pt a year

HIMZ1.33%UNHG0.77%

Avg volume · 30D

UNHG 2.1×the volume

HIMZ353KUNHG726K

HIMZ vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

−87.4%HIMZ+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. HIMZ −87.4%. UNHG +11.9%. Use the arrow keys to read each point.−50%−25%Oct 2025Apr 2026Oct 2026
Expense ratio
HIMZ 1.33%
UNHG 0.77%, better
Fund size
HIMZ $52M
UNHG $63M
1Y total return
HIMZ −87.4%
UNHG +11.9%, better
Holdings
HIMZ 10
UNHG 5
Avg volume (30D)
HIMZ 353K sh
UNHG 726K sh, better
NAV per share
HIMZ $22.37
UNHG $20.57
52W range

ETF.net Grade

HIMZ: Cost 22, Risk 35, Mission 99, Tradability 69, Holdings not scored, Durability 76. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for HIMZ, UNHG, with each pillar’s weight
PillarHIMZUNHG
Cost30% weightF22B60Higher
Mission25% weightA99HigherA90
Risk15% weightD35A83Higher
Tradability15% weightB69A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA76HigherB66

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. HIMZ 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 HIMZ 249th 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 249DAPPXTradr 2X Long APP Daily ETFScore 39
  5. Rank 249DHIMZDaily Target 2X Long HIMS ETFScore 39
  6. Rank 249CRBLUT-Rex 2X Long RBLX Daily Target ETFScore 39

Our read on each fund

ETF.net Research

HIMZDDaily Target 2X Long HIMS ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

HIMZ Two times the daily move in Hims & Hers, wrapped in one ticker. Defiance builds it with swaps and options and resets it every day, so it's a one-session tool, and the 1.33% fee (no waiver) sits above the single-stock leverage crowd.

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

HIMZ The Fund seeks 2x the daily percentage change in Hims & Hers Health Inc.'s share price before fees and expenses. It uses swaps and/or listed options and targets this result only for a single trading day.

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

  • HIMZ Does one thing on purpose: targets 2x the daily percentage change in HIMS before fees, using swaps and listed options, for a single trading day.defianceetfs.com
  • Day-to-day results have lined up closely with that stated 2x target, which is the entire job of a daily-reset fund.
  • Listed in March 2025 and moderately traded since, so there's an operating history and a working two-way market behind the ticker, not a day-one listing.
  • 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

  • HIMZ At 1.33%, with no fee waiver in place, it costs more than newer 2x single-stock funds such as TSMG (0.76%) and OKTG (0.75%), and sits above the category median.
  • The 2x target applies to one trading day only. Hold longer and your result is each day's return compounded, which can land far from 2x the period move.
  • Everything rides on one company's share price, and the measured risk record so far covers only about a year of trading.
  • 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 HIMZ profile⁠

Full UNHG profile⁠

HIMZ 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.

HIMZ vs UNHG Cost

Overpaying HIMZ vs UNHG

$8,988

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

  • HIMZ 1.33%

    $23,817

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • HIMZ 1.33%
  • 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$20K$25K051015202530HIMZ $23,817UNHG $14,829

Year by year

YearHIMZUNHGOverpaying
10$2,313$1,371$942
20$8,564$5,205$3,359
30$23,817$14,829$8,988

Expense ratio

  • 1.33%HIMZ
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

HIMZ 248th cheapest of 315 funds

HIMZ vs UNHG Dividends

Last 12 months to Oct 30, 2026
Last payment
HIMZ $1.97
UNHG $1.90
Ex-dividend
HIMZ Dec 30, 2025
UNHG Dec 30, 2025
Paid on
HIMZ Dec 31, 2025
UNHG Jan 2, 2026
Frequency
HIMZ Irregular
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

HIMZIrregular · 1 paymentAll HIMZ payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $1.97. 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

HIMZ vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HIMZ 208.0%since Apr 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
HIMZ 0.24since Apr 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
HIMZ −98.2%since Mar 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
HIMZ 4.11UNHG 5.53

Popular comparisons

  • HIMZDvsTSMGA

    Daily Target 2X Long HIMS ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.33% · 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.

  • HIMZDvsOKTGA

    Daily Target 2X Long HIMS ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.33% · 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.

  • HIMZDvsPANGA

    Daily Target 2X Long HIMS ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.33% · 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.