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SHPU vs UNHG

Direxion Daily SHOP Bull 2X ETF

SHPUCNasdaq

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.32pt a year

SHPU1.09%UNHG0.77%

Avg volume · 30D

UNHG 6.1×the volume

SHPU119KUNHG726K

SHPU vs UNHG Performance

Oct 31, 2025 – Oct 30, 2026

−48.2%SHPU+11.9%UNHG

Oct 31, 2025 to Oct 30, 2026. SHPU −48.2%. UNHG +11.9%. Use the arrow keys to read each point.−80%−20%Oct 2025May 2026Oct 2026
Expense ratio
SHPU 1.09%
UNHG 0.77%, better
Fund size
SHPU $13M
UNHG $63M
1Y total return
SHPU −48.2%
UNHG +11.9%, better
Yield (12M)
SHPU 32.41%
UNHG No data
Holdings
SHPU 10
UNHG 5
Avg volume (30D)
SHPU 119K sh
UNHG 726K sh, better
NAV per share
SHPU $20.64
UNHG $20.57
52W range

ETF.net Grade

SHPU: Cost 39, Risk 55, Mission not scored, Tradability 59, Holdings not scored, Durability 70. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for SHPU, UNHG, with each pillar’s weight
PillarSHPUUNHG
Cost30% weightD39B60Higher
Mission25% weightNot scoredA90
Risk15% weightB55A83Higher
Tradability15% weightB59A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA70HigherB66

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. SHPU 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 SHPU 89th 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 89CRVNLGraniteShares 2x Long RIVN Daily ETFScore 49
  5. Rank 89CSHPUDirexion Daily SHOP Bull 2X ETFScore 49
  6. Rank 89CSMCXDaily Target 2X Long SMCI ETFScore 49

Our read on each fund

ETF.net Research

SHPUCDirexion Daily SHOP Bull 2X ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

SHPU No data

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

SHPU No data

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

SHPU No data

  • 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

SHPU No data

  • 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 SHPU profile⁠

Full UNHG profile⁠

SHPU 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.

SHPU vs UNHG Cost

Overpaying SHPU vs UNHG

$5,304

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

  • SHPU 1.09%

    $20,133

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • SHPU 1.09%
  • 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$20K$25K051015202530SHPU $20,133UNHG $14,829

Year by year

YearSHPUUNHGOverpaying
10$1,915$1,371$544
20$7,166$5,205$1,961
30$20,133$14,829$5,304

Expense ratio

  • 1.09%SHPU
  • 0.77%UNHG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 315 funds

SHPU 219th cheapest of 315 funds

SHPU vs UNHG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SHPU 32.41%
UNHG No data
Payout (12M)
SHPU $5.94
UNHG No data
Last payment
SHPU $0.06
UNHG $1.90
Ex-dividend
SHPU Sep 22, 2026
UNHG Dec 30, 2025
Paid on
SHPU Sep 29, 2026
UNHG Jan 2, 2026
Frequency
SHPU Quarterly
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

SHPUQuarterly · 6 paymentsAll SHPU payments⁠
One bar per payment. 6 payments from 2025 to 2026 YTD. Sep 23, 2025 $0.11; Dec 10, 2025 $5.56; Dec 23, 2025 $0.18; Mar 24, 2026 $0.08; Jun 23, 2026 $0.06; Sep 22, 2026 $0.06. Use the arrow keys to read each point.$0$52026YTD
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$52026YTD

SHPU vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SHPU 76.5%since Sep 2025UNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
SHPU −0.04since Sep 2025UNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
SHPU −78.4%since Aug 2025UNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
SHPU 1.51UNHG 5.53

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