UNHU vs. LIMI

Last updated Jun 4, 2026

UNHU (Direxion Daily UNH Bull 2X ETF) and LIMI (Themes Lithium & Battery Metal Miners ETF) are both exchange-traded funds - UNHU is a Leveraged Equities fund actively managed by Direxion, while LIMI is a Commodity Producers Equities fund tracking the BITA Global Lithium and Battery Metals Select Index. UNHU is actively managed, while LIMI is passively managed. At a 0.03 correlation, their price movements are largely independent. UNHU charges 0.97%/yr vs 0.35%/yr for LIMI.

Performance

UNHU vs. LIMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily UNH Bull 2X ETF (UNHU) and Themes Lithium & Battery Metal Miners ETF (LIMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UNHU

• 1D: -0.06%
• 1M: 2.76%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LIMI

• 1D: -2.97%
• 1M: -7.76%
• YTD: 19.24%
• 6M: 32.07%
• 1Y: 160.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UNHU vs. LIMI - Yearly Performance Comparison

	2026 (YTD)
UNHU Direxion Daily UNH Bull 2X ETF	86.70%
LIMI Themes Lithium & Battery Metal Miners ETF	15.89%

Correlation

The correlation between UNHU and LIMI is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026	0.03

Return for Risk

UNHU vs. LIMI — Risk / Return Rank

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

LIMI

LIMI Risk / Return Rank: 89
LIMI Sharpe Ratio Rank: 94
LIMI Sortino Ratio Rank: 85
LIMI Omega Ratio Rank: 81
LIMI Calmar Ratio Rank: 94
LIMI Martin Ratio Rank: 91

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.

UNHU vs. LIMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily UNH Bull 2X ETF (UNHU) and Themes Lithium & Battery Metal Miners ETF (LIMI). 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.

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

Sharpe Ratios by Period

	UNHU	LIMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	38.25	1.50	+36.75

Drawdowns

UNHU vs. LIMI - Drawdown Comparison

The maximum UNHU drawdown since its inception was -11.68%, smaller than the maximum LIMI drawdown of -43.77%. Use the drawdown chart below to compare losses from any high point for UNHU and LIMI.

Drawdown Indicators

	UNHU	LIMI	Difference
Max Drawdown Largest peak-to-trough decline	-11.68%	-43.77%	+32.09%
Max Drawdown (1Y) Largest decline over 1 year	—	-23.00%	—
Current Drawdown Current decline from peak	-11.68%	-11.69%	+0.01%
Average Drawdown Average peak-to-trough decline	-2.99%	-13.02%	+10.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.48%	—

Volatility

Volatility by Period

	UNHU	LIMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	67.42%	43.66%	+23.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.42%	41.41%	+26.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.42%	41.41%	+26.01%

UNHU vs. LIMI - Expense Ratio Comparison

UNHU has a 0.97% expense ratio, which is higher than LIMI's 0.35% expense ratio.

Dividends

UNHU vs. LIMI - Dividend Comparison

UNHU has not paid dividends to shareholders, while LIMI's dividend yield for the trailing twelve months is around 0.45%.

Position	TTM	2025	2024
LIMI Themes Lithium & Battery Metal Miners ETF	0.45%	0.54%	8.14%
UNHU Direxion Daily UNH Bull 2X ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UNHU and LIMI in my portfolio?

UNHU and LIMI have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UNHU or LIMI?

On fees, LIMI 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, UNHU or LIMI?

LIMI is cheaper with a 0.35% expense ratio, compared with 0.97% for UNHU.

Which ETF pays a higher dividend yield, UNHU or LIMI?

LIMI has the higher dividend yield at 0.45%, compared with 0.00% for UNHU.

What is the main difference between UNHU and LIMI?

UNHU is categorized as Leveraged Equities, while LIMI is Commodity Producers Equities. They also come from different issuers: Direxion and Themes. Their fees differ too: 0.97% for UNHU and 0.35% for LIMI.