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SNXX vs UNHG

Tradr 2X Long SNDK Daily ETF

SNXXCCboe

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Overlap

Expense ratio

UNHG −0.72pt a year

SNXX1.49%UNHG0.77%

Avg volume · 30D

SNXX 106.0×the volume

SNXX77MUNHG726K

SNXX vs UNHG Performance

Jul 31, 2026 – Oct 30, 2026

−27.4%SNXX−8.1%UNHG

Jul 31, 2026 to Oct 30, 2026. SNXX −27.4%. UNHG −8.1%. Use the arrow keys to read each point.25%50%75%100%Jul 2026Sep 2026Oct 2026
Expense ratio
SNXX 1.49%
UNHG 0.77%, better
Fund size
SNXX $855M
UNHG $63M
1Y total return
SNXX No data
UNHG +11.9%
Holdings
SNXX 3
UNHG 5
Avg volume (30D)
SNXX 77M sh, better
UNHG 726K sh
NAV per share
SNXX $6.79
UNHG $20.57
52W range

ETF.net Grade

SNXX: Cost 11, Risk 46, Mission 86, Tradability 90, Holdings not scored, Durability 68. UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66.
Pillar letters and Scores for SNXX, UNHG, with each pillar’s weight
PillarSNXXUNHG
Cost30% weightF11B60Higher
Mission25% weightA86A90Higher
Risk15% weightC46A83Higher
Tradability15% weightA90A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB68HigherB66

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. SNXX 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 SNXX 118th 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 118CMVLLGraniteShares 2x Long MRVL Daily ETFScore 41
  5. Rank 118CSNXXTradr 2X Long SNDK Daily ETFScore 41
  6. Rank 118CSOFXDaily Target 2X Long SOFI ETFScore 41

Our read on each fund

ETF.net Research

SNXXCTradr 2X Long SNDK Daily ETF

UNHGALeverage Shares 2x Long UNH Daily ETF

In short

SNXX Tradr planted a 2x flag on Sandisk, the flash-memory maker spun out of Western Digital in 2025. It aims for two times SNDK's move over a single trading day, then resets overnight and starts fresh.

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

SNXX SNXX seeks daily investment results equal to two times the daily performance of Sandisk Corp. common shares before fees and expenses; it does not target performance over a period longer than one trading day.

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

  • SNXX The mandate is blunt: two times Sandisk's daily move before fees, with no claim on any stretch longer than one trading day.
  • Day to day, it has tracked its stated 2x target closely, which is the entire job of a daily-reset fund.
  • Tradr launched the first single-stock leveraged ETFs in 2022 and specializes in leverage on names bigger issuers skip. Sandisk fits that mold.prnewswire.com
  • A multi-billion-dollar fund that trades heavily, so shares generally change hands without much friction.
  • 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

  • SNXX At 1.49% a year it costs more than the typical single-stock leveraged fund, and 2x wrappers on mega-caps run cheaper (GGLL 0.96%, AMDG 0.75%).
  • Daily reset is math, not malice: over choppy multi-day stretches, returns can drift well away from 2x the stock's move for that period.
  • Launched in 2026, so the track record is thin, and all the risk rides on one NAND flash maker's news cycle.sandisk.com
  • 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 SNXX profile⁠

Full UNHG profile⁠

SNXX 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.

SNXX vs UNHG Cost

Overpaying SNXX vs UNHG

$11,312

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

  • SNXX 1.49%

    $26,141

  • UNHG 0.77%

    $14,829

$10,000
30 years

Cost over time

  • SNXX 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$30K051015202530SNXX $26,141UNHG $14,829

Year by year

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

UNHG 135th cheapest of 315 funds

SNXX 263rd cheapest of 315 funds

SNXX vs UNHG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

SNXXAll SNXX 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

SNXX vs UNHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SNXX No dataUNHG 98.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
SNXX No dataUNHG 0.90since Aug 2025
Worst fallMax drawdown, 5 years
SNXX No dataUNHG −57.1%since Jul 2025
Market sensitivityBeta, 5 years
SNXX 0.00UNHG 5.53

SNXX and UNHG in the news

All news⁠

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