METW vs UNHG: Grades, Fees and Holdings Compared

Roundhill META WeeklyPay ETF

METWBCboe

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

0.0%by weight

Expense ratio

UNHG −0.23pt a year

METW1.00%UNHG0.77%

Avg volume · 30D

UNHG 43.5×the volume

METW17.1KUNHG744K

METW vs UNHG Performance

Nov 7, 2025 – Nov 9, 2026

−1.2%METW+18.8%UNHG

Expense ratio: METW 1.00%; UNHG 0.77%, better
Fund size: METW $22M; UNHG $73M
1Y total return: METW −1.2%; UNHG +18.8%, better
Yield (12M): METW 46.43%; UNHG No data
Holdings: METW 4; UNHG 6
Avg volume (30D): METW 17.1K sh; UNHG 744K sh, better
NAV per share: METW $22.77; UNHG $19.20
52W range

ETF.net Grade

Pillar letters and Scores for METW, UNHG, with each pillar’s weight
Pillar	METW	UNHG
Cost30% weight	C50	B61Higher
Mission25% weight	A96Higher	A91
Risk15% weight	A82	A86Higher
Tradability15% weight	B63	A91Higher
Holdings10% weight	B57	Not scored
Durability5% weight	A73Higher	B67

Rank among Single-Stock Long Leveraged funds

How we build Categories ›

Same Category. METW and UNHG are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds

See all 312 ›

UNHG ranks 1st and METW 31st of 312 funds in the Single-Stock Long Leveraged Category.

Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
Rank 26BTSMXDirexion Daily TSM Bull 2X ETFScore 63
Rank 31BMETWRoundhill META WeeklyPay ETFScore 62
Rank 31BSKCorgi SK hynix 2x Daily ETFScore 62

Our read on each fund

ETF.net Research

METWBRoundhill META WeeklyPay ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

METW Most leveraged single-stock funds reset daily. This one resets on the calendar week, targeting 120% of Meta's Friday-to-Friday total return, and pays shareholders weekly without selling a single call option.

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

METW METW seeks weekly distributions and calendar-week returns before fees and expenses equal to 1.2 times the calendar-week total return of Meta 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

METW The reset is weekly, not daily. It targets 1.2 times Meta's calendar-week total return (Friday close to Friday close), so the compounding clock that drives 2x and 3x funds runs on a weekly cycle here.roundhillinvestments.com
It pays weekly without writing options. The distribution comes from a proprietary formula tied to Meta's performance and implied volatility, so upside on the stock is not capped by a sold call.roundhillinvestments.com roundhillinvestments.com 2
Leverage is dialed down: 1.2x, against the 2x standard of peers like TSMG and OKTG. Exposure runs through total return swaps plus actual Meta shares.roundhillinvestments.com
Structurally, one of the stronger builds in a crowded leveraged single-stock field: an active fund that stays tight to the 1.2x weekly mandate it publishes.

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.com sec.gov

Worth knowing

METW Hold past Friday and the math drifts. Weekly compounding means a multi-week or multi-month result can land well away from 1.2x Meta's move over the same stretch, especially after choppy weeks.roundhillinvestments.com
Costs 1.00%, near the category median but above the cheapest 2x single-stock peers (OKTG at 0.75%, TSMG at 0.76%). No fee waiver in place.
Launched in 2025 and still small and thinly traded, so the spread is worth watching at the point of trade.

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 METW profile⁠

Full UNHG profile⁠

METW vs UNHG Holdings

How METW and UNHG differ

Overlap by weight

0.0%

About this figure: METW gets much of its exposure from swaps and futures, which aren’t counted.

UNHG gets much of its exposure from swaps and futures, which aren’t counted.

Level by level

Holdings0 in both0.0%
Asset classStocks100%
Countryby domicile100%

Sector

No Sector split for METW and UNHG.

Country, concentration and asset class

Country by domicile

Country weights in METW and UNHG, widest gap first
Country	More in METWMore in UNHG	Gap	METW	UNHG
United States		Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

METW208.1%
UNHG215.7%

Securities held

METW3
UNHG1

Asset class

METW: Stocks
UNHG: Stocks

Holdings

Only in METW3
In both0
Only in UNHG1

Only in METW

3 securities, 100% of METW by weight

United States Treasury Bill 12/03/202672.38%
Meta Platforms Inc19.47%
First American Government Obligations Fund 12/01/203115.49%

Only in UNHG

1 security, 15.7% of UNHG by weight

First American Treasury Obligations Fund 01/01/204015.67%

Weight gaps

METW and UNHG share no securities.

All 5 METW holdings⁠All 6 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.

METW vs UNHG Cost

Overpaying METW vs UNHG

$3,859

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

METW 1.00%
$18,688
UNHG 0.77%
$14,829

Amount$10,000

Years30 years

Cost over time

METW 1.00%
UNHG 0.77%
Overpaying

Year by year

Year	METW	UNHG	Overpaying
10	$1,763	$1,371	$392
20	$6,625	$5,205	$1,420
30	$18,688	$14,829	$3,859

Expense ratio

1.00%METW
0.77%UNHG, cheaper

UNHG0.77%METW1.00%

0.20%2.28%

Middle half of Single-Stock Long Leveraged funds
Median 0.97%

UNHG 135th cheapest of 312 funds

METW 196th cheapest of 312 funds

METW vs UNHG Dividends

Last 12 months to Nov 9, 2026

Yield (12M): METW 46.43%; UNHG No data
Payout (12M): METW $11.19; UNHG No data
Last payment: METW $0.13; UNHG $1.90
Ex-dividend: METW Nov 9, 2026; UNHG Dec 30, 2025
Paid on: METW Pays Nov 10, 2026; UNHG Jan 2, 2026
Frequency: METW Weekly; UNHG Irregular

Distribution history

Per share, 2026, same scale for both

METWWeekly · 45 paymentsAll METW payments⁠

UNHGIrregularAll UNHG payments⁠

No distribution history available.

METW vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: METW 43.1%since Jul 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years: METW −0.40since Jul 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years: METW −40.5%since Jun 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years: METW 1.45UNHG 5.19; Market = 1

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