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ONDU vs UNHG

Tradr 2X Long ONDS Daily ETF

ONDUFCboe

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.72pt a year

ONDU1.49%UNHG0.77%

Avg volume · 30D

UNHG 23.8×the volume

ONDU30.6KUNHG726K

ONDU vs UNHG Performance

Jul 31, 2026 – Nov 2, 2026

−49.5%ONDU−11.0%UNHG

Jul 31, 2026 to Nov 2, 2026. ONDU −49.5%. UNHG −11.0%. Use the arrow keys to read each point.−25%25%50%75%Jul 2026Sep 2026Nov 2026
Expense ratio
ONDU 1.49%
UNHG 0.77%, better
Fund size
ONDU $2M
UNHG $63M
1Y total return
ONDU No data
UNHG +8.4%
Holdings
ONDU 2
UNHG 5
Avg volume (30D)
ONDU 30.6K sh
UNHG 726K sh, better
NAV per share
ONDU $7.93
UNHG $20.57
52W range

ETF.net Grade

ONDU: Cost 11, Risk 28, Mission 87, Tradability 26, Holdings not scored, Durability 46. UNHG: Cost 60, Risk 83, Mission 90, Tradability 90, Holdings not scored, Durability 66.
Pillar letters and Scores for ONDU, UNHG, with each pillar’s weight
PillarONDUUNHG
Cost30% weightF11B60Higher
Mission25% weightA87A90Higher
Risk15% weightD28A83Higher
Tradability15% weightD26A90Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC46B66Higher

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. ONDU 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 ONDU 302nd 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 301FBTDLGraniteShares 2x Long BTDR Daily ETFScore 22
  5. Rank 302FONDUTradr 2X Long ONDS Daily ETFScore 21
  6. Rank 303FOCNLT-REX 2X Long DOCN Daily Target ETFScore 20

Our read on each fund

ETF.net Research

ONDUFTradr 2X Long ONDS Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

ONDU Two times the daily move of Ondas Holdings, the drone and private-wireless small cap, in one ticker. Most single-stock leverage points at megacaps; this one takes aim at a name that already swings hard, then doubles it.

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

ONDU The fund seeks daily investment results, before fees and expenses, equal to two times the daily performance of Ondas Holdings 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

  • ONDU Has tracked its stated two-times daily target on ONDS closely since its January 2026 launch.
  • Geared ONDS exposure in one ticker: no margin account, no borrowing, no options chain to manage.tradretfs.com
  • Rare target. Most 2x single-stock ETFs point at megacaps like AAPL and GOOGL; this one aims at a small-cap drone and private wireless supplier.tipranks.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

  • ONDU At 1.49% it costs more than the typical geared single-stock fund, and more than ONDL, the other 2x ONDS ETF, at 1.31%.
  • Leverage resets daily. Hold past a day and compounding takes over, so results can drift well away from 2x the stock's move, especially in choppy markets.tradretfs.com
  • Young and small: it launched in 2026, and geared single-stock funds that stay modest in size can be closed or merged by the issuer.
  • 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 ONDU profile⁠

Full UNHG profile⁠

ONDU 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.

ONDU vs UNHG Cost

Overpaying ONDU vs UNHG

$11,312

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

  • ONDU 1.49%

    $26,141

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • ONDU 1.49%
  • 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$30K051015202530ONDU $26,141UNHG $14,829

Year by year

YearONDUUNHGOverpaying
10$2,574$1,371$1,203
20$9,464$5,205$4,259
30$26,141$14,829$11,312

Expense ratio

  • 1.49%ONDU
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

ONDU 263rd cheapest of 315 funds

ONDU vs UNHG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

ONDUAll ONDU 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

ONDU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ONDU No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
ONDU No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
ONDU No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
ONDU 4.92UNHG 5.19

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