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ORCU vs UNHG

Direxion Daily ORCL Bull 2X ETF

ORCUBNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.20pt a year

ORCU0.97%UNHG0.77%

Avg volume · 30D

ORCU 7.5×the volume

ORCU5.43MUNHG726K

ORCU vs UNHG Performance

Dec 31, 2025 – Oct 30, 2026

−68.5%ORCU+22.2%UNHG

Dec 31, 2025 to Oct 30, 2026. ORCU −68.5%. UNHG +22.2%. Use the arrow keys to read each point.−50%−25%0%50%Dec 2025Jun 2026Oct 2026
Expense ratio
ORCU 0.97%
UNHG 0.77%, better
Fund size
ORCU $130M
UNHG $63M
1Y total return
ORCU No data
UNHG +11.9%
Holdings
ORCU 10
UNHG 5
Avg volume (30D)
ORCU 5.43M sh, better
UNHG 726K sh
NAV per share
ORCU $6.53
UNHG $20.57
52W range

ETF.net Grade

ORCU: Cost 54, Risk 45, Mission 94, Tradability 65, Holdings not scored, Durability 76. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for ORCU, UNHG, with each pillar’s weight
PillarORCUUNHG
Cost30% weightC54B60Higher
Mission25% weightA94HigherA90
Risk15% weightC45A83Higher
Tradability15% weightB65A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA76HigherB66

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. ORCU 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 ORCU 62nd 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 62BCRCAProShares Ultra CRCLScore 56
  5. Rank 62BORCUDirexion Daily ORCL Bull 2X ETFScore 56
  6. Rank 62BPALUDirexion Daily PANW Bull 2X ETFScore 56

Our read on each fund

ETF.net Research

ORCUBDirexion Daily ORCL Bull 2X ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

ORCU Two times Oracle's daily move, rebuilt with swaps every session. Direxion arrived second to this trade and came in cheaper: 0.97% net of a waiver through September 1, 2027, undercutting the only other 2x Oracle 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

ORCU The fund seeks daily investment results equal to 200% of the performance of Oracle Corporation common shares, before fees and expenses.

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

  • ORCU Fee is 0.97% net of a waiver through September 1, 2027 (0.99% gross), below ORCX's 1.31% for the same 2x Oracle trade and near the median for leveraged single-stock funds.
  • Plain plumbing: at least 80% of net assets in Oracle shares and swaps built to deliver 200% of the stock's daily percentage move, before fees.direxion.com
  • Has hit its stated 200% daily target closely since launch, among the tighter implementations in the leveraged single-stock group.
  • Heavily traded for a young fund, and Direxion lists a 1X bear fund on the same stock (ORCS), so both sides of the Oracle trade sit under one roof.direxion.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

  • ORCU The 2x target resets daily. Hold longer than a day and returns compound off each new base, which can drift far from twice Oracle's move over the stretch, especially in choppy tape.direxion.com
  • One company, double the swing. No diversification cushion here: an Oracle earnings night or guidance cut lands at twice the speed, in both directions.
  • Launched in 2025, so the track record is short, and it pays distributions quarterly rather than monthly.
  • 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 ORCU profile⁠

Full UNHG profile⁠

ORCU 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.

ORCU vs UNHG Cost

Overpaying ORCU vs UNHG

$3,369

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

  • ORCU 0.97%

    $18,198

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • ORCU 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$20K051015202530ORCU $18,198UNHG $14,829

Year by year

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

Expense ratio

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

UNHG 135th cheapest of 315 funds

ORCU 156th cheapest of 315 funds

ORCU vs UNHG Dividends

Last 12 months to Oct 30, 2026
Last payment
ORCU $0.04
UNHG $1.90
Ex-dividend
ORCU Sep 22, 2026
UNHG Dec 30, 2025
Paid on
ORCU Sep 29, 2026
UNHG Jan 2, 2026
Frequency
ORCU Quarterly
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

ORCUQuarterly · 4 paymentsAll ORCU payments⁠
One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 23, 2025 $0.03; Mar 24, 2026 $0.07; Jun 23, 2026 $0.06; Sep 22, 2026 $0.04. 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

ORCU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ORCU No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
ORCU No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
ORCU No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
ORCU 5.13UNHG 5.53

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