UNHU vs. LIMI

Last updated Aug 2, 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 Lithium & Battery Metals fund tracking the BITA Global Lithium and Battery Metals Select Index. UNHU is actively managed, while LIMI is passively managed. Their -0.06 correlation means they have often moved in opposite directions in the past. 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: -3.26%
• 1M: -5.55%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

LIMI

• 1D: -1.54%
• 1M: -19.51%
• 6M: -19.59%
• YTD: -16.72%
• 1Y: 48.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.06%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LIMI Themes Lithium & Battery Metal Miners ETF	$22.23K	$21.25K	$40.77K
UNHU Direxion Daily UNH Bull 2X ETF	$242.22K	$340.07K	$288.24K

UNHU vs. LIMI - Yearly Performance Comparison

	2026 (YTD)
UNHU Direxion Daily UNH Bull 2X ETF	124.79%
LIMI Themes Lithium & Battery Metal Miners ETF	-15.18%

Correlation

The correlation between UNHU and LIMI is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 25, 2026	-0.06

Return for Risk

UNHU vs. LIMI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

UNHU

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

LIMI

LIMI Risk / Return Rank: 42
LIMI Sharpe Ratio Rank: 45
LIMI Sortino Ratio Rank: 46
LIMI Omega Ratio Rank: 43
LIMI Calmar Ratio Rank: 37
LIMI Martin Ratio Rank: 37

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

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.

	UNHU	LIMI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.13	—
Sortino ratio: Return per unit of downside risk	—	1.69	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.29	—
Martin ratio: Return relative to average drawdown	—	3.79	—

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	—	-39.24%	—
Current Drawdown Current decline from peak	-10.05%	-38.32%	+28.27%
Average Drawdown Average peak-to-trough decline	-3.04%	-14.17%	+11.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.33%	—

Volatility

Volatility by Period

	UNHU	LIMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	62.18%	44.90%	+17.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.18%	41.79%	+20.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.18%	41.79%	+20.39%

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's dividend yield for the trailing twelve months is around 0.45%, less than LIMI's 0.65% yield.

Position	TTM	2025	2024
LIMI Themes Lithium & Battery Metal Miners ETF	0.65%	0.54%	8.14%
UNHU Direxion Daily UNH Bull 2X ETF	0.45%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UNHU and LIMI in my portfolio?

UNHU and LIMI have a correlation of -0.06, 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 0.65%, compared with 0.45% for UNHU.

What is the main difference between UNHU and LIMI?

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