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ISUL vs UNHG

GraniteShares 2x Long ISRG Daily ETF

ISULDNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.76pt a year

ISUL1.53%UNHG0.77%

Avg volume · 30D

UNHG 10.6×the volume

ISUL68.8KUNHG726K

ISUL vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

−47.0%ISUL+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. ISUL −47.0%. UNHG +11.9%. Use the arrow keys to read each point.−60%−20%0%Oct 2025May 2026Oct 2026
Expense ratio
ISUL 1.53%
UNHG 0.77%, better
Fund size
ISUL $10M
UNHG $63M
1Y total return
ISUL −47.0%
UNHG +11.9%, better
Holdings
ISUL 2
UNHG 5
Avg volume (30D)
ISUL 68.8K sh
UNHG 726K sh, better
NAV per share
ISUL $19.67
UNHG $20.57
52W range

ETF.net Grade

ISUL: Cost 3, Risk 58, Mission 94, Tradability 75, Holdings not scored, Durability 63. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for ISUL, UNHG, with each pillar’s weight
PillarISULUNHG
Cost30% weightF3B60Higher
Mission25% weightA94HigherA90
Risk15% weightB58A83Higher
Tradability15% weightA75A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB63B66Higher

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. ISUL 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 ISUL 255th 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 255DGMEUT-Rex 2X Long GME Daily Target ETFScore 37
  5. Rank 255DISULGraniteShares 2x Long ISRG Daily ETFScore 37
  6. Rank 255DPULGraniteShares 2x Long P Daily ETFScore 37

Our read on each fund

ETF.net Research

ISULDGraniteShares 2x Long ISRG Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

ISUL ISUL points 2x daily leverage at Intuitive Surgical, the medical-device maker, and resets every session. A one-day trading tool aimed at the operating room instead of another mega-cap tech name.

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

ISUL The Fund seeks daily investment results equal to 2 times the daily percentage change of Intuitive Surgical, Inc.'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

  • ISUL The mandate is narrow and literal: 2 times the daily percentage move of Intuitive Surgical stock, before fees. No basket, no index committee, no mystery about what drives it.graniteshares.com
  • It has tracked that stated 2x daily target closely, which is the entire job description for a leveraged single-stock fund.
  • Leverage pointed at a medical-device maker, a less crowded target than the mega-cap tech tickers that dominate the leveraged single-stock shelf.
  • Built as a registered 1940 Act fund rather than an exchange-traded note, so there is no bank credit risk sitting behind the exposure.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

  • ISUL The 2x objective resets daily. Hold longer and compounding takes over, so multi-day results can drift well away from 2x the stock's move, especially in choppy tape.
  • At 1.50% a year it sits above the typical fee in its peer group, where several 2x single-stock competitors charge closer to 0.75%.
  • A 2025 launch with moderate trading volume, so spreads and limit orders matter more here than with the household-name leveraged funds. It is not an income vehicle.
  • 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 ISUL profile⁠

Full UNHG profile⁠

ISUL 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.

ISUL vs UNHG Cost

Overpaying ISUL vs UNHG

$11,877

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

  • ISUL 1.53%

    $26,706

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • ISUL 1.53%
  • 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$30K051015202530ISUL $26,706UNHG $14,829

Year by year

YearISULUNHGOverpaying
10$2,639$1,371$1,268
20$9,685$5,205$4,480
30$26,706$14,829$11,877

Expense ratio

  • 1.53%ISUL
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

ISUL 301st cheapest of 315 funds

ISUL vs UNHG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

ISULAll ISUL 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

ISUL vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ISUL 50.4%since Nov 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
ISUL −1.06since Nov 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
ISUL −72.2%since Oct 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
ISUL 0.40UNHG 5.53

Popular comparisons

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    GraniteShares 2x Long ISRG Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
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    Category
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  • UNHGAvsTSMGA

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