LYY8.DE vs. UNHG

Last updated Jun 27, 2026

LYY8.DE (Amundi LevDax Daily (2x) leveraged UCITS ETF Acc) and UNHG (Leverage Shares 2x Long UNH Daily ETF) are both Leveraged Equities funds. LYY8.DE is passively managed, while UNHG is actively managed. At a 0.13 correlation, their price movements are largely independent. LYY8.DE charges 0.35%/yr vs 0.75%/yr for UNHG.

Performance

LYY8.DE vs. UNHG - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (LYY8.DE) and Leverage Shares 2x Long UNH Daily ETF (UNHG). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LYY8.DE is traded in EUR, while UNHG is traded in USD. To make them comparable, the UNHG values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, LYY8.DE achieves a -2.55% return, which is significantly lower than UNHG's 48.97% return.

LYY8.DE

• 1D: -2.70%
• 1M: -4.32%
• YTD: -2.55%
• 6M: -1.21%
• 1Y: 2.17%
• 3Y*: 25.31%
• 5Y*: 12.66%
• 10Y*: 14.42%

UNHG

• 1D: 5.24%
• 1M: 25.38%
• YTD: 48.97%
• 6M: 48.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LYY8.DE vs. UNHG - Yearly Performance Comparison

	2026 (YTD)	2025
LYY8.DE Amundi LevDax Daily (2x) leveraged UCITS ETF Acc	-2.55%	-0.31%
UNHG Leverage Shares 2x Long UNH Daily ETF	48.97%	23.92%

Correlation

The correlation between LYY8.DE and UNHG is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 22, 2025	0.13

Return for Risk

LYY8.DE vs. UNHG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LYY8.DE

LYY8.DE Risk / Return Rank: 10
LYY8.DE Sharpe Ratio Rank: 10
LYY8.DE Sortino Ratio Rank: 10
LYY8.DE Omega Ratio Rank: 10
LYY8.DE Calmar Ratio Rank: 10
LYY8.DE Martin Ratio Rank: 10

UNHG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LYY8.DE vs. UNHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (LYY8.DE) and Leverage Shares 2x Long UNH Daily ETF (UNHG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LYY8.DE	UNHG	Difference
Sharpe ratio: Return per unit of total volatility	0.07	—	—
Sortino ratio: Return per unit of downside risk	0.33	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	0.09	—	—
Martin ratio: Return relative to average drawdown	0.25	—	—

Drawdowns

LYY8.DE vs. UNHG - Drawdown Comparison

The maximum LYY8.DE drawdown since its inception was -84.92%, which is greater than UNHG's maximum drawdown of -56.55%. Use the drawdown chart below to compare losses from any high point for LYY8.DE and UNHG.

Drawdown Indicators

	LYY8.DE	UNHG	Difference
Max Drawdown Largest peak-to-trough decline	-84.92%	-56.55%	-28.37%
Max Drawdown (1Y) Largest decline over 1 year	-24.12%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-30.03%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-48.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-65.35%	—	—
Current Drawdown Current decline from peak	-9.24%	0.00%	-9.24%
Average Drawdown Average peak-to-trough decline	-28.92%	-21.30%	-7.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.62%	—	—

Volatility

Volatility by Period

	LYY8.DE	UNHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.97%	80.86%	-48.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.27%	80.86%	-46.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.12%	80.86%	-44.74%

LYY8.DE vs. UNHG - Expense Ratio Comparison

LYY8.DE has a 0.35% expense ratio, which is lower than UNHG's 0.75% expense ratio.

Dividends

LYY8.DE vs. UNHG - Dividend Comparison

LYY8.DE has not paid dividends to shareholders, while UNHG's dividend yield for the trailing twelve months is around 7.83%.

Position	TTM	2025
LYY8.DE Amundi LevDax Daily (2x) leveraged UCITS ETF Acc	0.00%	0.00%
UNHG Leverage Shares 2x Long UNH Daily ETF	7.83%	11.30%

Frequently Asked Questions

Can I hold both LYY8.DE and UNHG in my portfolio?

LYY8.DE and UNHG have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LYY8.DE or UNHG?

On fees, LYY8.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LYY8.DE or UNHG?

LYY8.DE is cheaper with a 0.35% expense ratio, compared with 0.75% for UNHG.

What is the main difference between LYY8.DE and UNHG?

They also come from different issuers: Amundi and Leverage Shares. Their fees differ too: 0.35% for LYY8.DE and 0.75% for UNHG.