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NFLU vs UNHG

T-REX 2X Long NFLX Daily Target ETF

NFLUCCboe

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

0.0%by weight

Expense ratio

UNHG −0.28pt a year

NFLU1.05%UNHG0.77%

Avg volume · 30D

UNHG 3.1×the volume

NFLU236KUNHG726K

NFLU vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

−76.4%NFLU+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. NFLU −76.4%. UNHG +11.9%. Use the arrow keys to read each point.−60%−40%−20%Oct 2025May 2026Oct 2026
Expense ratio
NFLU 1.05%
UNHG 0.77%, better
Fund size
NFLU $22M
UNHG $63M
1Y total return
NFLU −76.4%
UNHG +11.9%, better
Holdings
NFLU 2
UNHG 5
Avg volume (30D)
NFLU 236K sh
UNHG 726K sh, better
NAV per share
NFLU $11.39
UNHG $20.57
52W range

ETF.net Grade

NFLU: Cost 42, Risk 45, Mission 98, Tradability 50, Holdings not scored, Durability 72. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for NFLU, UNHG, with each pillar’s weight
PillarNFLUUNHG
Cost30% weightC42B60Higher
Mission25% weightA98HigherA90
Risk15% weightC45A83Higher
Tradability15% weightC50A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA72HigherB66

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. NFLU 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 NFLU 97th 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 97CNBILGraniteShares 2x Long NBIS Daily ETFScore 46
  5. Rank 97CNFLUT-REX 2X Long NFLX Daily Target ETFScore 46
  6. Rank 97CROBNT-Rex 2X Long HOOD Daily Target ETFScore 46

Our read on each fund

ETF.net Research

NFLUCT-REX 2X Long NFLX Daily Target ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

NFLU Netflix, doubled, one day at a time. NFLU aims for twice NFLX's daily move in a single ticker, resetting the clock at every close, and since its 2024 launch it has stuck close to that stated target.

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

NFLU The fund targets a positive two-times daily result linked to NFLX.

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

  • NFLU Does what it says on the tin: the fund has tracked its two-times daily NFLX target closely, one of the tighter implementations in a field of 200-plus leveraged single-stock funds.
  • Doubled Netflix exposure without a margin account or an options chain. One ticker in a cash brokerage account, and you cannot lose more than you put in.
  • The 1.05% expense ratio lands within a hair of the 1.01% median for leveraged single-stock funds. Going rate for the wrapper, not a premium.
  • 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

  • NFLU The 2x math resets every close. Hold through a choppy stretch and your result can drift well away from twice NFLX's move over that same stretch.
  • One stock, amplified. A single earnings night hits this fund about twice as hard as it hits Netflix shares, in either direction.
  • Cheaper 2x single-stock funds exist: UNHG, ASMG and AMDG run 0.75%. Different underlyings, but the fee gap is real if cost is your first filter.
  • 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 NFLU profile⁠

Full UNHG profile⁠

NFLU vs UNHG Holdings

How NFLU and UNHG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of NFLU and 0.0% of UNHG.

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for NFLU and UNHG.

Country, concentration and asset class

Country by domicile

Country weights in NFLU and UNHG, widest gap first
CountryMore in NFLUMore in UNHG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • NFLU265.5%
  • UNHG212.0%

Securities held

  • NFLU1
  • UNHG1

Asset class

NFLU
Equity
UNHG
Equity

Holdings

  • Only in NFLU1
  • In both0
  • Only in UNHG1

Only in NFLU

1 security, 100% of NFLU by weight

  • Recv Nflu Trs Nflx Eq122.33%

Only in UNHG

1 security, 12.0% of UNHG by weight

  • First American Treasury Obligations Fund 01/01/204011.99%

Weight gaps

NFLU and UNHG share no securities.

All 5 NFLU holdings⁠All 5 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.

NFLU vs UNHG Cost

Overpaying NFLU vs UNHG

$4,666

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

  • NFLU 1.05%

    $19,495

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • NFLU 1.05%
  • 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$20K051015202530NFLU $19,495UNHG $14,829

Year by year

YearNFLUUNHGOverpaying
10$1,847$1,371$476
20$6,927$5,205$1,722
30$19,495$14,829$4,666

Expense ratio

  • 1.05%NFLU
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

NFLU 201st cheapest of 315 funds

NFLU vs UNHG Dividends

Last 12 months to Oct 30, 2026
Last payment
NFLU $0.004
UNHG $1.90
Ex-dividend
NFLU Aug 25, 2026
UNHG Dec 30, 2025
Paid on
NFLU Aug 26, 2026
UNHG Jan 2, 2026
Frequency
NFLU Special
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

NFLUSpecial · 1 paymentAll NFLU payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Aug 25, 2026 $0.004. 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

NFLU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NFLU 72.9%since Oct 2024UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
NFLU −0.22since Oct 2024UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
NFLU −84.7%since Sep 2024UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
NFLU 0.64UNHG 5.53

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