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MRVU vs UNHG

Direxion Daily MRVL Bull 2X ETF

MRVUBNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.20pt a year

MRVU0.97%UNHG0.77%

Avg volume · 30D

UNHG 3.9×the volume

MRVU187KUNHG726K

MRVU vs UNHG Performance

Jul 31, 2026 – Nov 2, 2026

−32.1%MRVU−11.0%UNHG

Jul 31, 2026 to Nov 2, 2026. MRVU −32.1%. UNHG −11.0%. Use the arrow keys to read each point.25%50%75%100%Jul 2026Sep 2026Nov 2026
Expense ratio
MRVU 0.97%
UNHG 0.77%, better
Fund size
MRVU $66M
UNHG $63M
1Y total return
MRVU No data
UNHG +8.4%
Holdings
MRVU 11
UNHG 5
Avg volume (30D)
MRVU 187K sh
UNHG 726K sh, better
NAV per share
MRVU $75.04
UNHG $20.57
52W range

ETF.net Grade

MRVU: Cost 54, Risk 59, Mission 95, Tradability 61, Holdings not scored, Durability 71. UNHG: Cost 60, Risk 83, Mission 90, Tradability 90, Holdings not scored, Durability 66.
Pillar letters and Scores for MRVU, UNHG, with each pillar’s weight
PillarMRVUUNHG
Cost30% weightC54B60Higher
Mission25% weightA95HigherA90
Risk15% weightB59A83Higher
Tradability15% weightB61A90Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA71HigherB66

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. MRVU 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 MRVU 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 54BHUTGLeverage Shares 2X Long HUT Daily ETFScore 58
  5. Rank 54BMRVUDirexion Daily MRVL Bull 2X ETFScore 58
  6. Rank 57BCBRGLeverage Shares 2X Long CBRS Daily ETFScore 57

Our read on each fund

ETF.net Research

MRVUBDirexion Daily MRVL Bull 2X ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

MRVU 2x Marvell's daily move in a single ticker, from the house that built the daily leveraged ETF playbook. The fee runs 0.97% net of a waiver through September 1, 2027, undercutting the rival 2x Marvell fund.

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

MRVU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Marvell Technology, Inc.'s 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

  • MRVU 0.97% net of a waiver through September 1, 2027 (0.99% gross). Near the category median, and far under MVLL at 1.50% net of a waiver through December 31, 2026 (2.52% gross).
  • Closely tracks its 200% daily target, one of the stronger implementations in the leveraged single-stock bull pack.
  • Geared MRVL exposure in one ticker: no margin account, no options chain, no financing leg to roll yourself.direxion.com
  • Moderately traded with a mid-size asset base, so retail-size orders are not fighting for air.
  • 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

  • MRVU Daily reset compounds. Direxion says the fund should not be expected to track MRVL over periods longer than one day, and it can lose money even if MRVL rises over a longer stretch.direxion.com
  • Everything rides on one data-infrastructure chipmaker. Marvell's earnings gaps and AI news flow land here at double speed.marvell.com
  • Launched February 2026, so the record is short, and the fee can step to the 0.99% gross rate once the waiver ends September 1, 2027.
  • 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 MRVU profile⁠

Full UNHG profile⁠

MRVU 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.

MRVU vs UNHG Cost

Overpaying MRVU vs UNHG

$3,369

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

  • MRVU 0.97%

    $18,198

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • MRVU 0.97%
  • 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$20K051015202530MRVU $18,198UNHG $14,829

Year by year

YearMRVUUNHGOverpaying
10$1,712$1,371$341
20$6,443$5,205$1,238
30$18,198$14,829$3,369

Expense ratio

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

UNHG 135th cheapest of 315 funds

MRVU 156th cheapest of 315 funds

MRVU vs UNHG Dividends

Last 12 months to Nov 2, 2026
Last payment
MRVU $0.38
UNHG $1.90
Ex-dividend
MRVU Sep 22, 2026
UNHG Dec 30, 2025
Paid on
MRVU Sep 29, 2026
UNHG Jan 2, 2026
Frequency
MRVU Quarterly
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

MRVUQuarterly · 3 paymentsAll MRVU payments⁠
One bar per payment. 3 payments from 2025 to 2026 YTD. Mar 24, 2026 $0.05; Jun 23, 2026 $0.35; Sep 22, 2026 $0.38. Use the arrow keys to read each point.$0$22026YTD
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

MRVU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MRVU No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
MRVU No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
MRVU No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
MRVU 8.08UNHG 5.19

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