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SKHX vs UNHG

Leverage Shares 2X Long SK Hynix Daily ETF

SKHXBCboe

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

12.3%by weight

Expense ratio

SKHX −0.02pt a year

SKHX0.75%UNHG0.77%

Avg volume · 30D

SKHX 5.3×the volume

SKHX3.85MUNHG726K

SKHX vs UNHG Performance

Jul 31, 2026 – Nov 2, 2026

−12.3%SKHX−11.0%UNHG

Jul 31, 2026 to Nov 2, 2026. SKHX −12.3%. UNHG −11.0%. Use the arrow keys to read each point.20%40%60%80%Jul 2026Sep 2026Nov 2026
Expense ratio
SKHX 0.75%, better
UNHG 0.77%
Fund size
SKHX $84M
UNHG $63M
1Y total return
SKHX No data
UNHG +8.4%
Holdings
SKHX 7
UNHG 5
Avg volume (30D)
SKHX 3.85M sh, better
UNHG 726K sh
NAV per share
SKHX $10.20
UNHG $20.57
52W range

ETF.net Grade

SKHX: Cost 70, Risk 48, Mission not scored, Tradability 94, Holdings not scored, Durability 51. UNHG: Cost 60, Risk 83, Mission 90, Tradability 90, Holdings not scored, Durability 66.
Pillar letters and Scores for SKHX, UNHG, with each pillar’s weight
PillarSKHXUNHG
Cost30% weightA70HigherB60
Mission25% weightNot scoredA90
Risk15% weightC48A83Higher
Tradability15% weightA94HigherA90
Holdings10% weightNot scoredNot scored
Durability5% weightC51B66Higher

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. SKHX 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 SKHX 8th 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 8BGLWGLeverage Shares 2X Long GLW Daily ETFScore 68
  5. Rank 8BSKHXLeverage Shares 2X Long SK Hynix Daily ETFScore 68
  6. Rank 11BAMAULeverage Shares 2X Long AMAT Daily ETFScore 67

Our read on each fund

ETF.net Research

SKHXBLeverage Shares 2X Long SK Hynix Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

SKHX 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

SKHX 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

SKHX 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

SKHX 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 SKHX profile⁠

Full UNHG profile⁠

SKHX vs UNHG Holdings

How SKHX and UNHG differ

Overlap by weight

12.3%

Shared holdings make up 13.5% of UNHG and 12.3% of SKHX.

Level by level

  • Holdings1 in both12.3%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for SKHX and UNHG.

Country, concentration and asset class

Country by domicile

Country weights in SKHX and UNHG, widest gap first
CountryMore in SKHXMore in UNHG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • SKHX212.5%
  • UNHG213.5%

Securities held

  • SKHX1
  • UNHG1

Asset class

SKHX
Equity
UNHG
Equity

Holdings

  • Only in SKHX0
  • In both1
  • Only in UNHG0

Only in SKHX

0 securities, 0.0% of SKHX by weight

Only in UNHG

0 securities, 0.0% of UNHG by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in SKHX and UNHG, widest gap first
HoldingMore in SKHXMore in UNHG
First American Treasury Obligations Fund 01/01/2040UNHG +1.13 points

All 7 SKHX 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.

SKHX vs UNHG Cost

Overpaying UNHG vs SKHX

$347

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

  • SKHX 0.75%

    $14,482

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • SKHX 0.75%
  • 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$15K051015202530UNHG $14,829SKHX $14,482

Year by year

YearSKHXUNHGOverpaying
10$1,336$1,371$35
20$5,078$5,205$127
30$14,482$14,829$347

Expense ratio

  • 0.75%SKHX, cheaper
  • 0.77%UNHG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

SKHX 87th cheapest of 315 funds

UNHG 135th cheapest of 315 funds

SKHX vs UNHG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

SKHXAll SKHX 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

SKHX vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SKHX No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
SKHX No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
SKHX No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
SKHX 0.00UNHG 5.19

Popular comparisons

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