UNHU vs. NUGT
UNHU (Direxion Daily UNH Bull 2X ETF) and NUGT (Direxion Daily Gold Miners Index Bull 2X ETF) are both exchange-traded funds - UNHU is a Leveraged Equities fund actively managed by Direxion, while NUGT is a Gold fund tracking the MarketVector Global Gold Miners Index (200%). UNHU is actively managed, while NUGT is passively managed. At a 0.03 correlation, their price movements are largely independent. UNHU charges 0.97%/yr vs 1.13%/yr for NUGT.
Performance
UNHU vs. NUGT - Performance Comparison
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Returns By Period
UNHU
- 1D
- 2.83%
- 1M
- 6.13%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NUGT
- 1D
- -7.01%
- 1M
- -34.26%
- 6M
- -55.58%
- YTD
- -43.28%
- 1Y
- 42.42%
- 3Y*
- 40.37%
- 5Y*
- 13.60%
- 10Y*
- -15.94%
UNHU vs. NUGT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
UNHU Direxion Daily UNH Bull 2X ETF | 135.73% |
NUGT Direxion Daily Gold Miners Index Bull 2X ETF | -33.89% |
Correlation
The correlation between UNHU and NUGT 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 25, 2026 | 0.03 |
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Return for Risk
UNHU vs. NUGT — Risk / Return Rank
UNHU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NUGT
UNHU vs. NUGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily UNH Bull 2X ETF (UNHU) and Direxion Daily Gold Miners Index Bull 2X ETF (NUGT). 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 | NUGT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.16 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.64 | — |
| Martin ratioReturn relative to average drawdown | — | 1.38 | — |
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Drawdowns
UNHU vs. NUGT - Drawdown Comparison
The maximum UNHU drawdown since its inception was -11.68%, smaller than the maximum NUGT drawdown of -99.97%. Use the drawdown chart below to compare losses from any high point for UNHU and NUGT.
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Drawdown Indicators
| UNHU | NUGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.68% | -99.97% | +88.29% |
Max Drawdown (1Y)Largest decline over 1 year | — | -66.74% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -66.74% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.72% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -96.91% | — |
Current DrawdownCurrent decline from peak | -3.68% | -99.87% | +96.19% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -91.56% | +88.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 30.85% | — |
Volatility
UNHU vs. NUGT - Volatility Comparison
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Volatility by Period
| UNHU | NUGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 23.78% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 80.17% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 62.37% | 95.33% | -32.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.37% | 73.34% | -10.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.37% | 87.69% | -25.32% |
UNHU vs. NUGT - Expense Ratio Comparison
UNHU has a 0.97% expense ratio, which is lower than NUGT's 1.13% expense ratio.
Dividends
UNHU vs. NUGT - Dividend Comparison
UNHU's dividend yield for the trailing twelve months is around 0.43%, less than NUGT's 0.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NUGT Direxion Daily Gold Miners Index Bull 2X ETF | 0.69% | 0.22% | 1.79% | 1.67% | 0.70% | 0.00% | 0.00% | 0.63% | 0.57% |
UNHU Direxion Daily UNH Bull 2X ETF | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UNHU and NUGT 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.
On fees, UNHU is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UNHU is cheaper with a 0.97% expense ratio, compared with 1.13% for NUGT.
NUGT has the higher dividend yield at 0.69%, compared with 0.43% for UNHU.
UNHU is categorized as Leveraged Equities, while NUGT is Gold. Their fees differ too: 0.97% for UNHU and 1.13% for NUGT.
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