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METU vs UNHG

Direxion Daily META Bull 2X ETF

METUBNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.25pt a year

METU1.02%UNHG0.77%

Avg volume · 30D

METU 8.1×the volume

METU5.85MUNHG726K

METU vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

−31.1%METU+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. METU −31.1%. UNHG +11.9%. Use the arrow keys to read each point.−40%−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
METU 1.02%
UNHG 0.77%, better
Fund size
METU $373M
UNHG $63M
1Y total return
METU −31.1%
UNHG +11.9%, better
Yield (12M)
METU 3.84%
UNHG No data
Holdings
METU 10
UNHG 5
Avg volume (30D)
METU 5.85M sh, better
UNHG 726K sh
NAV per share
METU $22.25
UNHG $20.57
52W range

ETF.net Grade

METU: Cost 44, Risk 71, Mission 100, Tradability 75, Holdings not scored, Durability 86. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for METU, UNHG, with each pillar’s weight
PillarMETUUNHG
Cost30% weightC44B60Higher
Mission25% weightA100HigherA90
Risk15% weightA71A83Higher
Tradability15% weightA75A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA86HigherB66

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. METU 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 METU 37th 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 37BIREGLeverage Shares 2x Long IREN Daily ETFScore 60
  5. Rank 37BMETUDirexion Daily META Bull 2X ETFScore 60
  6. Rank 37CUNHUDirexion Daily UNH Bull 2X ETFScore 60

Our read on each fund

ETF.net Research

METUBDirexion Daily META Bull 2X ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

METU Meta Platforms at double speed: METU aims for 200% of the stock's daily move, then resets every night. It's one of only two US ETFs built on that trade, and one of the busiest names in the leveraged single-stock aisle.

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

METU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Meta Platforms, Inc. common shares.

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

  • METU Clean mandate: 200% of Meta's daily move before fees, and it has tracked that target closely inside a cohort of 200-plus leveraged single-stock funds.direxion.com
  • Very actively traded, which keeps execution workable for a product designed to be entered and exited on short horizons.
  • At 1.02% a year it undercuts FBL, the other 2x META fund, and lands right at the typical fee for leveraged single-stock ETFs.
  • 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

  • METU The 2x target resets daily. Hold longer and compounding takes over, so a choppy stretch can leave results far from twice Meta's move for the period.direxion.com
  • One stock, no cushion. An earnings miss, an ad-market wobble or a regulatory headline at Meta lands with double force.
  • Launched in 2024, so the track record spans a short run of market conditions, and the 1.02% fee is steep next to plain index funds.
  • 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 METU profile⁠

Full UNHG profile⁠

METU 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.

METU vs UNHG Cost

Overpaying METU vs UNHG

$4,183

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

  • METU 1.02%

    $19,012

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • METU 1.02%
  • 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$20K051015202530METU $19,012UNHG $14,829

Year by year

YearMETUUNHGOverpaying
10$1,797$1,371$426
20$6,746$5,205$1,541
30$19,012$14,829$4,183

Expense ratio

  • 1.02%METU
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

METU 199th cheapest of 315 funds

METU vs UNHG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
METU 3.84%
UNHG No data
Payout (12M)
METU $0.83
UNHG No data
Last payment
METU $0.17
UNHG $1.90
Ex-dividend
METU Sep 22, 2026
UNHG Dec 30, 2025
Paid on
METU Sep 29, 2026
UNHG Jan 2, 2026
Frequency
METU Quarterly
UNHG Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

METUQuarterly · 11 paymentsAll METU payments⁠
One bar per payment. 11 payments from 2024 to 2026 YTD. Jun 25, 2024 $0.02; Sep 24, 2024 $0.19; Dec 23, 2024 $0.26; Mar 25, 2025 $0.17; Jun 24, 2025 $0.25; Sep 23, 2025 $0.22; Dec 10, 2025 $0.11; Dec 23, 2025 $0.21; Mar 24, 2026 $0.19; Jun 23, 2026 $0.14; Sep 22, 2026 $0.17. Use the arrow keys to read each point.$0$22026YTD
UNHGIrregular · 1 paymentAll UNHG payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Dec 30, 2025 $1.90. Use the arrow keys to read each point.$0$22026YTD

METU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
METU 73.1%since Jul 2024UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
METU 0.17since Jul 2024UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
METU −63.9%since Jun 2024UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
METU 3.23UNHG 5.53

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