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HOOG vs UNHG

Leverage Shares 2x Long HOOD Daily ETF

HOOGBNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

3.2%by weight

Expense ratio

UNHG −0.08pt a year

HOOG0.85%UNHG0.77%

Avg volume · 30D

UNHG 1.8×the volume

HOOG409KUNHG726K

HOOG vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

−83.0%HOOG+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. HOOG −83.0%. UNHG +11.9%. Use the arrow keys to read each point.−50%−25%25%Oct 2025Apr 2026Oct 2026
Expense ratio
HOOG 0.85%
UNHG 0.77%, better
Fund size
HOOG $30M
UNHG $63M
1Y total return
HOOG −83.0%
UNHG +11.9%, better
Holdings
HOOG 6
UNHG 5
Avg volume (30D)
HOOG 409K sh
UNHG 726K sh, better
NAV per share
HOOG $17.57
UNHG $20.57
52W range

ETF.net Grade

HOOG: Cost 57, Risk 37, Mission 97, Tradability 82, Holdings not scored, Durability 66. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for HOOG, UNHG, with each pillar’s weight
PillarHOOGUNHG
Cost30% weightB57B60Higher
Mission25% weightA97HigherA90
Risk15% weightD37A83Higher
Tradability15% weightA82A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB66B66

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. HOOG 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 HOOG 54th 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 44BMUUDirexion Daily MU Bull 2X ETFScore 59
  5. Rank 54BHOOGLeverage Shares 2x Long HOOD Daily ETFScore 58
  6. Rank 54BHUTGLeverage Shares 2X Long HUT Daily ETFScore 58

Our read on each fund

ETF.net Research

HOOGBLeverage Shares 2x Long HOOD Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

HOOG Two-for-one on the brokerage retail traders live in: HOOG aims to deliver twice Robinhood stock's daily move, reset every day, for 0.85% with no fee waiver. The issuer built it for single-day holds.

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

HOOG The fund seeks to deliver twice the daily performance of Robinhood Markets stock, before fees and expenses. It is intended for short-term, actively monitored leveraged exposure and rebalances daily.

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

  • HOOG Swap-based 2x exposure to Robinhood's daily move from a regular brokerage account, no margin account or options chain required.leverageshares.com
  • At 0.85% with no fee waiver, it sits below the typical leveraged single-stock fund, though siblings like OKTG list 0.75%.
  • Day to day it has stayed close to its stated 2x target, one of the stronger implementations among the hundreds of leveraged single-stock funds we track.
  • Moderately traded for this corner of the market, and the issuer posts the fund's full swap and cash holdings on its site.leverageshares.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

  • HOOG The daily reset compounds: in choppy, volatile stretches the fund can lose value even if Robinhood stock ends up flat, as the issuer spells out.leverageshares.com
  • Two times one company. Any earnings miss or headline at Robinhood lands twice as hard here as it does in the stock itself.
  • Smaller fund by assets, and this issuer has wound down single-stock ETFs that did not attract enough assets, including a batch closed in October 2026.prnewswire.com
  • 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 HOOG profile⁠

Full UNHG profile⁠

HOOG vs UNHG Holdings

How HOOG and UNHG differ

Overlap by weight

3.2%

Shared holdings make up 12.0% of UNHG and 3.2% of HOOG.

Level by level

  • Holdings1 in both3.2%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for HOOG and UNHG.

Country, concentration and asset class

Country by domicile

Country weights in HOOG and UNHG, widest gap first
CountryMore in HOOGMore in UNHG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • HOOG203.2%
  • UNHG212.0%

Securities held

  • HOOG2
  • UNHG1

Asset class

HOOG
Equity
UNHG
Equity

Holdings

  • Only in HOOG1
  • In both1
  • Only in UNHG0

Only in HOOG

1 security, 61.5% of HOOG by weight

  • Robinhood Mkts Inc - L - Marex61.48%

Only in UNHG

0 securities, 0.0% of UNHG by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in HOOG and UNHG, widest gap first
HoldingMore in HOOGMore in UNHG
First American Treasury Obligations Fund 01/01/2040UNHG +8.76 points

All 6 HOOG 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.

HOOG vs UNHG Cost

Overpaying HOOG vs UNHG

$1,370

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

  • HOOG 0.85%

    $16,199

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • HOOG 0.85%
  • 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$20K051015202530HOOG $16,199UNHG $14,829

Year by year

YearHOOGUNHGOverpaying
10$1,508$1,371$137
20$5,706$5,205$501
30$16,199$14,829$1,370

Expense ratio

  • 0.85%HOOG
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

HOOG 150th cheapest of 315 funds

HOOG vs UNHG Dividends

Last 12 months to Oct 30, 2026
Last payment
HOOG $6.69
UNHG $1.90
Ex-dividend
HOOG Dec 30, 2025
UNHG Dec 30, 2025
Paid on
HOOG Jan 2, 2026
UNHG Jan 2, 2026
Frequency
HOOG Irregular
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

HOOGIrregular · 1 paymentAll HOOG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $6.69. Use the arrow keys to read each point.$0$52026YTD
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$52026YTD

HOOG vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HOOG 146.3%since Apr 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
HOOG 0.75since Apr 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
HOOG −86.9%since Mar 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
HOOG 6.58UNHG 5.53

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