Skip to content
etf.net

UNHG vs WDCX

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Tradr 2X Long WDC Daily ETF

WDCXCCboe

Overlap

Expense ratio

UNHG −0.72pt a year

UNHG0.77%WDCX1.49%

Avg volume · 30D

WDCX 3.3×the volume

UNHG744KWDCX2.42M

UNHG vs WDCX Performance

Aug 7, 2026 – Nov 9, 2026

−8.8%UNHG−63.6%WDCX

Aug 7, 2026 to Nov 9, 2026. UNHG −8.8%. WDCX −63.6%. Use the arrow keys to read each point.−50%−25%25%50%Aug 2026Sep 2026Nov 2026
Expense ratio
UNHG 0.77%, better
WDCX 1.49%
Fund size
UNHG $73M
WDCX $47M
1Y total return
UNHG +18.8%
WDCX No data
Holdings
UNHG 6
WDCX 1
Avg volume (30D)
UNHG 744K sh
WDCX 2.42M sh, better
NAV per share
UNHG $19.20
WDCX $5.14
52W range

ETF.net Grade

UNHG: Cost 61, Risk 86, Mission 91, Tradability 91, Holdings not scored, Durability 67. WDCX: Cost 12, Risk 47, Mission 86, Tradability 82, Holdings not scored, Durability 65.
Pillar letters and Scores for UNHG, WDCX, with each pillar’s weight
PillarUNHGWDCX
Cost30% weightB61HigherF12
Mission25% weightA91HigherA86
Risk15% weightA86HigherC47
Tradability15% weightA91HigherA82
Holdings10% weightNot scoredNot scored
Durability5% weightB67HigherB65

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. UNHG and WDCX 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 WDCX 124th 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 124CWDCCCorgi WDC 2x Daily ETFScore 40
  4. Rank 124CWDCXTradr 2X Long WDC Daily ETFScore 40
  5. Rank 124CXAGICorgi AGIX 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

UNHGALeverage Shares 2x Long UNH Daily ETF

WDCXCTradr 2X Long WDC Daily ETF

In short

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%.

WDCX Western Digital spun off SanDisk in 2025 and became a hard-drive pure play on AI-era storage. WDCX doubles that one stock's daily move and resets the leverage every night. A focused trading tool, priced above most 2x single-stock funds.

Stated mandate

UNHG The fund seeks daily investment results equal to twice the daily performance of UnitedHealth Group Incorporated stock, before fees and expenses.

WDCX The fund seeks daily investment results, before fees and expenses, equal to two times the daily performance of Western Digital Corp.'s common shares.

Why people hold it

  • 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
  • WDCX One job, stated plainly: two times Western Digital's daily move. No margin account, no options chain, no positions to roll.tradretfs.com
  • Since the February 2025 SanDisk separation, Western Digital is a high-capacity hard-drive business, so this is amplified exposure to one narrow slice of storage rather than a mixed bag.sec.gov
  • It trades actively, which tends to mean less bid-ask friction than you find in the thinnest corners of the leveraged single-stock aisle.

Worth knowing

  • 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.
  • WDCX 1.49% a year sits above the roughly 1% median for 2x single-stock funds. Peers like UNHG (0.75%) and GGLL (0.96%) charge less, though neither tracks WDC.
  • Leverage resets daily. Hold past one session and you own compounded daily moves, a path that choppy, back-and-forth markets can grind down.
  • One stock, doubled: every earnings gap and storage-cycle headline hits twice as hard. The fund launched in 2026, so its track record is short.

Full UNHG profile⁠

Full WDCX profile⁠

UNHG vs WDCX 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.

UNHG vs WDCX Cost

Overpaying WDCX vs UNHG

$11,312

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

  • UNHG 0.77%

    $14,829

  • WDCX 1.49%

    $26,141

$10,000
30 years

Cost over time

  • UNHG 0.77%
  • WDCX 1.49%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530WDCX $26,141UNHG $14,829

Year by year

YearUNHGWDCXOverpaying
10$1,371$2,574$1,203
20$5,205$9,464$4,259
30$14,829$26,141$11,312

Expense ratio

  • 0.77%UNHG, cheaper
  • 1.49%WDCX
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UNHG 135th cheapest of 312 funds

WDCX 263rd cheapest of 312 funds

UNHG vs WDCX Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

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
WDCXAll WDCX payments⁠

No distribution history available.

UNHG vs WDCX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
UNHG 98.1%since Aug 2025WDCX No data
Return per unit of riskSharpe ratio, 3 years
UNHG 0.90since Aug 2025WDCX No data
Worst fallMax drawdown, 5 years
UNHG −57.1%since Jul 2025WDCX No data
Market sensitivityBeta, 5 years
UNHG 5.19WDCX 9.73

Popular comparisons

  • UNHGAvsTSMGA

    Leverage Shares 2x Long UNH Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.77% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • WDCXCvsTSMGA

    Tradr 2X Long WDC Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.49% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UNHGAvsCOTGA

    Leverage Shares 2x Long UNH Daily ETF · Leverage Shares 2X Long COST Daily ETF

    Expense ratio
    0.77% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • WDCXCvsCOTGA

    Tradr 2X Long WDC Daily ETF · Leverage Shares 2X Long COST Daily ETF

    Expense ratio
    1.49% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UNHGAvsOKTGA

    Leverage Shares 2x Long UNH Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.77% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • WDCXCvsOKTGA

    Tradr 2X Long WDC Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.49% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.