UNHU vs. NVDU

Last updated Jun 4, 2026

UNHU (Direxion Daily UNH Bull 2X ETF) and NVDU (Direxion Daily NVDA Bull 2X Shares ETF) are both Leveraged Equities funds from Direxion. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. UNHU charges 0.97%/yr vs 1.04%/yr for NVDU.

Performance

UNHU vs. NVDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily UNH Bull 2X ETF (UNHU) and Direxion Daily NVDA Bull 2X Shares ETF (NVDU). 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*: —

NVDU

• 1D: -7.30%
• 1M: 14.13%
• YTD: 19.93%
• 6M: 27.09%
• 1Y: 84.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UNHU vs. NVDU - Yearly Performance Comparison

	2026 (YTD)
UNHU Direxion Daily UNH Bull 2X ETF	86.70%
NVDU Direxion Daily NVDA Bull 2X Shares ETF	37.53%

Correlation

The correlation between UNHU and NVDU is 0.21, 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 Mar 26, 2026	0.21

Return for Risk

UNHU vs. NVDU — Risk / Return Rank

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

NVDU

NVDU Risk / Return Rank: 34
NVDU Sharpe Ratio Rank: 34
NVDU Sortino Ratio Rank: 35
NVDU Omega Ratio Rank: 33
NVDU Calmar Ratio Rank: 40
NVDU Martin Ratio Rank: 31

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. NVDU - 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 NVDA Bull 2X Shares ETF (NVDU). 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	NVDU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	38.25	1.14	+37.11

Drawdowns

UNHU vs. NVDU - Drawdown Comparison

The maximum UNHU drawdown since its inception was -11.68%, smaller than the maximum NVDU drawdown of -67.27%. Use the drawdown chart below to compare losses from any high point for UNHU and NVDU.

Drawdown Indicators

	UNHU	NVDU	Difference
Max Drawdown Largest peak-to-trough decline	-11.68%	-67.27%	+55.59%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.27%	—
Current Drawdown Current decline from peak	-11.68%	-18.32%	+6.64%
Average Drawdown Average peak-to-trough decline	-2.99%	-18.84%	+15.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.47%	—

Volatility

Volatility by Period

	UNHU	NVDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	50.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	67.42%	68.02%	-0.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.42%	91.06%	-23.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.42%	91.06%	-23.64%

UNHU vs. NVDU - Expense Ratio Comparison

UNHU has a 0.97% expense ratio, which is lower than NVDU's 1.04% expense ratio.

Dividends

UNHU vs. NVDU - Dividend Comparison

UNHU has not paid dividends to shareholders, while NVDU's dividend yield for the trailing twelve months is around 4.83%.

Position	TTM	2025	2024	2023
NVDU Direxion Daily NVDA Bull 2X Shares ETF	4.83%	5.68%	16.85%	0.63%
UNHU Direxion Daily UNH Bull 2X ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UNHU and NVDU in my portfolio?

UNHU and NVDU have a correlation of 0.21, 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 NVDU?

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.

Which ETF is cheaper, UNHU or NVDU?

UNHU is cheaper with a 0.97% expense ratio, compared with 1.04% for NVDU.

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

NVDU has the higher dividend yield at 4.83%, compared with 0.00% for UNHU.

What is the main difference between UNHU and NVDU?

Their fees differ too: 0.97% for UNHU and 1.04% for NVDU.