Which came closer to its stated multiple, UN or UNHU?

Over the window to Sep 11, 2026, UN finished 0.8 points from what its multiple implies and UNHU finished 2.9 points from its own, so UN came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are UN and UNHU levered on the same thing?

Yes. Both are levered on UNH, UN at +2 times and UNHU at +2 times the daily move.

Which one decays faster, UN or UNHU?

Decay follows how much the underlying moves about. Over this window UN’s moved at 20% annualized and UNHU’s at 24%, so UNHU has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold UN or UNHU for a year?

Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Which is cheaper, UN or UNHU?

UN charges 0.45% a year and UNHU charges 0.97%, so UN is cheaper. Fees come from each fund's prospectus.

ETFIQetfiq.com · independent ETF data

Data as of Sep 11, 2026.

UN vs UNHU: which held to its multiple?

Over the days both have traded, UN finished 0.8 points from its stated multiple and UNHU 0.9.

Corgi UNH 2x Daily ETF and Direxion Daily UNH Bull 2X ETF, side by side, leveraged ETFs on ETFIQ.

−23.9%UN returned, 3 months

−16.2%UNHU returned, 3 months

−1.0 ptsUN from its stated multiple

−2.9 ptsUNHU from its stated multiple

UN0.8 pts short of its label · 1 month to Sep 11, 2026

UNHU2.9 pts short of its label · 3 months to Sep 11, 2026

Performance, window by window

UN and UNHU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
Window	Total return		Multiple would give		Difference
Window	UN	UNHU	UN	UNHU	UN	UNHU
1 month	−13.8%	−14.0%	−13.1%	−13.1%	−0.8 pts	−0.9 pts
3 months	not published	−16.2%	not published	−13.4%	not published	−2.9 pts
Since launch	−23.9%	+81.2%	−22.9%	+81.8%	−1.0 pts	−0.6 pts

Open the live comparison on ETFIQ

UN and UNHU on the same fields, as of Sep 11, 2026. Source: ETFIQ.
	UN Corgi UNH 2x Daily ETF Aims to return twice the daily move of UNH	UNHU Direxion Daily UNH Bull 2X ETF Aims to return twice the daily move of UNH
Issuer	Corgi	Direxion
Sets out to return	+2x	+2x
On	UNH	UNH
Segment	company	company
Fund returned, 3 months	−13.8%	−16.2%
Underlying returned, 3 months	−6.5%	−6.7%
What the stated multiple implies, 3 months	−13.1%	−13.4%
Difference from stated, 3 months	−0.8 pts	−2.9 pts
Fund returned, 1 year or since launch	−23.9%	+81.2%
Difference from stated, over that window	−1.0 pts	−0.6 pts
Underlying volatility	20%	24%
Difference over the days both have traded	−0.8 pts	−0.9 pts
Expense ratio	0.45%	0.97%
Launched	Jul 7, 2026	Mar 25, 2026

UN in plain words

One month to Sep 11, 2026: UN returned −13.8% where its own daily promise gave −13.0%, 0.9 points short. Read the multiple against the whole window instead and +2 times UNH's −6.5% implies −13.1%, which makes UN look 0.8 points short. 0.1 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. UN aims to return +2 times UNH's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. UNH moved at 20% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

UNHU in plain words

Three months to Sep 11, 2026: UNHU returned −16.2% where its own daily promise gave −14.1%, 2.1 points short. Read the multiple against the whole window instead and +2 times UNH's −6.7% implies −13.4%, which makes UNHU look 2.9 points short. 0.7 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. UNHU aims to return +2 times UNH's move each day, then resets. UNH moved at 24% annualized over that window.

Questions people ask

Which came closer to its stated multiple, UN or UNHU?: Over the window to Sep 11, 2026, UN finished 0.8 points from what its multiple implies and UNHU finished 2.9 points from its own, so UN came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are UN and UNHU levered on the same thing?: Yes. Both are levered on UNH, UN at +2 times and UNHU at +2 times the daily move.
Which one decays faster, UN or UNHU?: Decay follows how much the underlying moves about. Over this window UN’s moved at 20% annualized and UNHU’s at 24%, so UNHU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold UN or UNHU for a year?: Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Which is cheaper, UN or UNHU?: UN charges 0.45% a year and UNHU charges 0.97%, so UN is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

UN against UNHU, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, UN against UNHU, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/UN-UNHU Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources