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UNHG vs XPEG

Leverage Shares 2x Long UNH Daily ETF

UNHGANasdaq

Leverage Shares 2x Long XPEV Daily ETF

XPEGCNasdaq

Overlap

Expense ratio

XPEG −0.02pt a year

UNHG0.77%XPEG0.75%

Avg volume · 30D

UNHG 13.8×the volume

UNHG726KXPEG52.7K

UNHG vs XPEG Performance

Jul 31, 2026 – Oct 30, 2026

−8.1%UNHG−56.1%XPEG

Jul 31, 2026 to Oct 30, 2026. UNHG −8.1%. XPEG −56.1%. Use the arrow keys to read each point.−40%−30%−20%0%Jul 2026Sep 2026Oct 2026
Expense ratio
UNHG 0.77%
XPEG 0.75%, better
Fund size
UNHG $63M
XPEG $1M
1Y total return
UNHG +11.9%
XPEG No data
Holdings
UNHG 5
XPEG 4
Avg volume (30D)
UNHG 726K sh, better
XPEG 52.7K sh
NAV per share
UNHG $20.57
XPEG $2.16
52W range

ETF.net Grade

UNHG: Cost 60, Risk 83, Mission 90, Tradability 91, Holdings not scored, Durability 66. XPEG: Cost 70, Risk 34, Mission 93, Tradability 43, Holdings not scored, Durability 41.
Pillar letters and Scores for UNHG, XPEG, with each pillar’s weight
PillarUNHGXPEG
Cost30% weightB60A70Higher
Mission25% weightA90A93Higher
Risk15% weightA83HigherD34
Tradability15% weightA91HigherC43
Holdings10% weightNot scoredNot scored
Durability5% weightB66HigherC41

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 XPEG 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 XPEG 123rd 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 123CXAGICorgi AGIX 2x Daily ETFScore 40
  5. Rank 123CXPEGLeverage Shares 2x Long XPEV Daily ETFScore 40
  6. Rank 123CXYZGLeverage Shares 2x Long XYZ Daily ETFScore 40

Our read on each fund

ETF.net Research

UNHGALeverage Shares 2x Long UNH Daily ETF

XPEGCLeverage Shares 2x Long XPEV 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%.

XPEG Two times XPeng's daily move, in one US-listed ticker. XPEG uses swaps on the EV maker's ADR to double each day's swing (both directions), resets every night, and charges 0.75%.

Stated mandate

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

XPEG The fund seeks daily investment results equal to 200% of the daily performance of XPeng Inc. stock, before fees and expenses.

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
  • XPEG Fee of 0.75%, below the typical 2x single-stock fund and below Direxion's 2x names such as AAPU and GGLL.
  • Plain mechanics: swaps plus the XPEV ADR target 200% of the stock's daily move, and the fund has stayed very close to that daily target.sec.gov
  • A 1940 Act fund, so you get geared XPeng exposure without a margin account or an options chain, and you cannot lose more than you put in.sec.gov

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.
  • XPEG Leverage resets daily. Hold longer than a day and results can drift far from 2x the stock's move, especially through choppy, back-and-forth stretches.sec.gov
  • Small fund, thin trading. Spreads can widen, and the 2026 launch means a short track record to judge it by.
  • One Chinese EV maker's ADR is the whole portfolio, and the fund has paid no distributions.sec.gov

Full UNHG profile⁠

Full XPEG profile⁠

UNHG vs XPEG 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 XPEG Cost

Overpaying UNHG vs XPEG

$347

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

  • UNHG 0.77%

    $14,829

  • XPEG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • UNHG 0.77%
  • XPEG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530UNHG $14,829XPEG $14,482

Year by year

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

Expense ratio

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

XPEG 87th cheapest of 315 funds

UNHG 135th cheapest of 315 funds

UNHG vs XPEG Dividends

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

No distribution history available.

UNHG vs XPEG 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 2025XPEG No data
Return per unit of riskSharpe ratio, 3 years
UNHG 0.90since Aug 2025XPEG No data
Worst fallMax drawdown, 5 years
UNHG −57.1%since Jul 2025XPEG No data
Market sensitivityBeta, 5 years
UNHG 5.53XPEG 0.50

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