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HODU vs UNHG

Direxion Daily HOOD Bull 2X ETF

HODUCNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.20pt a year

HODU0.97%UNHG0.77%

Avg volume · 30D

UNHG 4.9×the volume

HODU149KUNHG726K

HODU vs UNHG Performance

Dec 31, 2025 – Oct 30, 2026

−67.2%HODU+22.2%UNHG

Dec 31, 2025 to Oct 30, 2026. HODU −67.2%. UNHG +22.2%. Use the arrow keys to read each point.−50%−25%0%50%Dec 2025Jun 2026Oct 2026
Expense ratio
HODU 0.97%
UNHG 0.77%, better
Fund size
HODU $9M
UNHG $63M
1Y total return
HODU No data
UNHG +11.9%
Holdings
HODU 10
UNHG 5
Avg volume (30D)
HODU 149K sh
UNHG 726K sh, better
NAV per share
HODU $8.53
UNHG $20.57
52W range

ETF.net Grade

HODU: Cost 54, Risk 46, Mission 97, Tradability 41, Holdings not scored, Durability 64. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for HODU, UNHG, with each pillar’s weight
PillarHODUUNHG
Cost30% weightC54B60Higher
Mission25% weightA97HigherA90
Risk15% weightC46A83Higher
Tradability15% weightC41A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB64B66Higher

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. HODU 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 HODU 84th 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 84CBOEUDirexion Daily BA Bull 2X ETFScore 50
  5. Rank 84CHODUDirexion Daily HOOD Bull 2X ETFScore 50
  6. Rank 84CMSFXT-Rex 2X Long Microsoft Daily Target ETFScore 50

Our read on each fund

ETF.net Research

HODUCDirexion Daily HOOD Bull 2X ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

HODU Two times Robinhood's daily move, reset every single day. Direxion's HOOD bull fund is a short-hold trading instrument rather than a stake in the company, and it has stayed close to that daily target since its 2025 launch.

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

HODU The fund seeks daily investment results equal to 200% of the performance of Robinhood Markets, Inc. common shares, before fees and expenses.

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

  • HODU Does one job: 200% of HOOD's daily move, before fees. It has tracked that daily target closely, placing it in the upper tier of hundreds of leveraged single-stock funds.direxion.com
  • Costs 0.97% net of a waiver through September 1, 2027 (0.99% gross), near the median fee for leveraged single-stock funds.
  • Comes from Direxion, where daily-reset leverage is the core business; HODU arrived in a 2025 batch alongside the firm's Coinbase, Oracle and Intel single-stock funds.direxion.com
  • 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

  • HODU The 2X objective resets daily. Hold for weeks and the result follows the path HOOD took, not just where it landed; choppy stretches can grind the position down.direxion.com
  • The same 2x daily HOOD exposure exists cheaper: HOOX charges 0.68%, with no waiver propping up that number.
  • One company, doubled. A single earnings print or regulatory headline drives the whole position, and this is a young, smaller fund that only launched in late 2025.
  • 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 HODU profile⁠

Full UNHG profile⁠

HODU 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.

HODU vs UNHG Cost

Overpaying HODU vs UNHG

$3,369

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

  • HODU 0.97%

    $18,198

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • HODU 0.97%
  • 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$20K051015202530HODU $18,198UNHG $14,829

Year by year

YearHODUUNHGOverpaying
10$1,712$1,371$341
20$6,443$5,205$1,238
30$18,198$14,829$3,369

Expense ratio

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

UNHG 135th cheapest of 315 funds

HODU 156th cheapest of 315 funds

HODU vs UNHG Dividends

Last 12 months to Oct 30, 2026
Last payment
HODU $0.04
UNHG $1.90
Ex-dividend
HODU Sep 22, 2026
UNHG Dec 30, 2025
Paid on
HODU Sep 29, 2026
UNHG Jan 2, 2026
Frequency
HODU Quarterly
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

HODUQuarterly · 4 paymentsAll HODU payments⁠
One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 23, 2025 $0.07; Mar 24, 2026 $0.07; Jun 23, 2026 $0.06; Sep 22, 2026 $0.04. 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

HODU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HODU No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
HODU No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
HODU No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
HODU 3.74UNHG 5.53

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