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INTW vs UNHG

GraniteShares 2x Long INTC Daily ETF

INTWCNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.78pt a year

INTW1.55%UNHG0.77%

Avg volume · 30D

INTW 7.5×the volume

INTW5.42MUNHG726K

INTW vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

+11.3%INTW+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. INTW +11.3%. UNHG +11.9%. Use the arrow keys to read each point.200%400%600%Oct 2025Apr 2026Oct 2026
Expense ratio
INTW 1.55%
UNHG 0.77%, better
Fund size
INTW $299M
UNHG $63M
1Y total return
INTW +11.3%
UNHG +11.9%, better
Holdings
INTW 2
UNHG 5
Avg volume (30D)
INTW 5.42M sh, better
UNHG 726K sh
NAV per share
INTW $17.69
UNHG $20.57
52W range

ETF.net Grade

INTW: Cost 3, Risk 54, Mission 100, Tradability 94, Holdings not scored, Durability 82. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for INTW, UNHG, with each pillar’s weight
PillarINTWUNHG
Cost30% weightF3B60Higher
Mission25% weightA100HigherA90
Risk15% weightC54A83Higher
Tradability15% weightA94HigherA91
Holdings10% weightNot scoredNot scored
Durability5% weightA82HigherB66

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. INTW 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 INTW 118th 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 117CLNOKDaily Target 2X Long NOK ETFScore 42
  5. Rank 118CINTWGraniteShares 2x Long INTC Daily ETFScore 41
  6. Rank 118CMVLLGraniteShares 2x Long MRVL Daily ETFScore 41

Our read on each fund

ETF.net Research

INTWCGraniteShares 2x Long INTC Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

INTW Intel is Wall Street's loudest argument, and INTW is the geared way to take a one-day side: it aims for twice INTC's daily move, reset each morning. Cost is the trade-off, at 1.50% net of a waiver through December 31, 2026.

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

INTW The Fund seeks daily investment results equal to twice the daily percentage change of Intel Corp.'s common stock, 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

  • INTW Does what it says on the tin: since its February 2025 launch it has closely matched its 2x daily target, among the stronger implementations in its peer group.
  • Actively traded in a category full of thin tickers, with assets in the hundreds of millions. Liquidity matters most when the whole idea is a same-day position.
  • Twice the daily move, not three times, in an ETF wrapper: no margin account and no options chain to manage.graniteshares.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

  • INTW Fee is the trade-off: 1.50% net of a waiver through December 31, 2026 (1.85% gross), above the category median. Peers OKTG (0.75%) and TSMG (0.76%) charge less, with no waiver involved.
  • The 2x target resets daily. Hold longer and compounding takes over, so a multi-week result can differ sharply from twice Intel's move over the same stretch.graniteshares.com
  • One stock, one story: an earnings miss or guidance cut lands with double the force, and there is no diversification to soften it. The record is barely a year deep.
  • 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 INTW profile⁠

Full UNHG profile⁠

INTW 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.

INTW vs UNHG Cost

Overpaying INTW vs UNHG

$12,158

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

  • INTW 1.55%

    $26,987

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • INTW 1.55%
  • 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$30K051015202530INTW $26,987UNHG $14,829

Year by year

YearINTWUNHGOverpaying
10$2,671$1,371$1,300
20$9,795$5,205$4,590
30$26,987$14,829$12,158

Expense ratio

  • 1.55%INTW
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

INTW 304th cheapest of 315 funds

INTW vs UNHG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

INTWAll INTW 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

INTW vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
INTW 278.9%since Mar 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
INTW 0.94since Mar 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
INTW −85.7%since Feb 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
INTW 4.26UNHG 5.53

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