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SNDG vs UNHG

Leverage Shares 2X Long SNDK Daily ETF

SNDGBCboe

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

SNDG −0.02pt a year

SNDG0.75%UNHG0.77%

Avg volume · 30D

SNDG 9.6×the volume

SNDG7.15MUNHG744K

SNDG vs UNHG Performance

Aug 7, 2026 – Nov 9, 2026

−60.4%SNDG−8.8%UNHG

Aug 7, 2026 to Nov 9, 2026. SNDG −60.4%. UNHG −8.8%. Use the arrow keys to read each point.50%100%Aug 2026Sep 2026Nov 2026
Expense ratio
SNDG 0.75%, better
UNHG 0.77%
Fund size
SNDG $38M
UNHG $73M
1Y total return
SNDG No data
UNHG +18.8%
Holdings
SNDG 4
UNHG 6
Avg volume (30D)
SNDG 7.15M sh, better
UNHG 744K sh
NAV per share
SNDG $1.98
UNHG $19.20
52W range

ETF.net Grade

SNDG: Cost 70, Risk 30, Mission not scored, Tradability 91, Holdings not scored, Durability 58. UNHG: Cost 61, Risk 86, Mission 91, Tradability 91, Holdings not scored, Durability 67.
Pillar letters and Scores for SNDG, UNHG, with each pillar’s weight
PillarSNDGUNHG
Cost30% weightA70HigherB61
Mission25% weightNot scoredA91
Risk15% weightD30A86Higher
Tradability15% weightA91A91
Holdings10% weightNot scoredNot scored
Durability5% weightB58B67Higher

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. SNDG and UNHG are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

UNHG ranks 1st and SNDG 21st of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 21BLULGLeverage Shares 2x Long LULU Daily ETFScore 64
  4. Rank 21BSNDGLeverage Shares 2X Long SNDK Daily ETFScore 64
  5. Rank 26CBIDGLeverage Shares 2X Long BIDU Daily ETFScore 63

Our read on each fund

ETF.net Research

SNDGBLeverage Shares 2X Long SNDK Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

SNDG 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

SNDG 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

SNDG 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

SNDG 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 SNDG profile⁠

Full UNHG profile⁠

SNDG 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.

SNDG vs UNHG Cost

Overpaying UNHG vs SNDG

$347

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

  • SNDG 0.75%

    $14,482

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • SNDG 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 $14,829SNDG $14,482

Year by year

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

Expense ratio

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

SNDG 87th cheapest of 312 funds

UNHG 135th cheapest of 312 funds

SNDG vs UNHG Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
SNDG None
UNHG No data
Last payment
SNDG No data
UNHG $1.90
Ex-dividend
SNDG No data
UNHG Dec 30, 2025
Paid on
SNDG No data
UNHG Jan 2, 2026
Frequency
SNDG No data
UNHG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

SNDGAll SNDG 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

SNDG vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SNDG No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
SNDG No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
SNDG No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
SNDG 9.55UNHG 5.19

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