# UNHG (Leverage Shares 2X Long UNH Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: UNHG returned −17.7% where its own daily promise gave −14.1%, 3.6 points short.

## Key facts

- UNHG, what UNH did: −6.7%, as of Sep 11, 2026.
- UNHG, what +2 times a day gives: −14.1%, as of Sep 11, 2026.
- UNHG, what the fund returned: −17.7%, as of Sep 11, 2026.
- UNHG, the fund itself cost: −3.6 pts, as of Sep 11, 2026.
- UNHG, net assets: $60m (issuer page, as of Sep 10, 2026).
- UNHG, expense ratio: 0.77% (485BPOS XBRL, Feb 27, 2026).

## UNHG over each window to Sep 11, 2026

| Window | Fund | UNH | +2x the move | Difference | UNH moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −14.3% | −6.5% | −13.1% | −1.3 pts | 20% |
| 3 months | −17.7% | −6.7% | −13.4% | −4.3 pts | 24% |
| 6 months | +62.7% | +35.1% | +70.3% | −7.6 pts | 29% |
| 1 year | −8.6% | +10.1% | +20.2% | −28.8 pts | 34% |
| Since launch | +31.6% | +36.5% | +73.0% | −41.5 pts | 38% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of UNH, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.65 times, against +2 stated | ETFIQ |
| Underlying | UNH | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $60m | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.77% | 485BPOS XBRL, Feb 27, 2026 |
| Launched | Jul 22, 2025 | ETFIQ |
| Underlying volatility over the window | 24% annualized | ETFIQ |

## Questions

### Did UNHG return +2 times UNH?

Over the window to Sep 11, 2026, UNH moved −6.7% and UNHG returned −17.7%. 2 times that move is −13.4%, so the fund came out 4.3 points short of it.

### Why does UNHG not return +2 times over a year?

Because it resets daily. UNHG aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x UNH ETF tracked its stated multiple most closely?

3 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, UNHG, data as of Sep 11, 2026. https://etfiq.com/funds/UNHG
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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