ETF report · NYSE Arca
Direxion Daily UNH Bull 2X ETF (UNHU)
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UNHU ETF chart
Fund facts
- Issuer
- Direxion
- Listed on
- NYSE Arca
Key statistics
About UNHU
The Direxion Daily UNH Bull 2X ETF is a leveraged single-stock fund from Direxion. It seeks daily investment results equal to two times (200%) the daily performance of the common stock of UnitedHealth Group Incorporated (UNH), whose businesses include the UnitedHealthcare insurance unit and the Optum health services segment.
The fund uses swap agreements and other derivatives to achieve its leverage. Its 2x objective is measured over a single trading day, and daily rebalancing and compounding can cause longer-term returns to diverge from twice the stock's performance.
The fund is intended for short-term traders seeking amplified bullish exposure to UnitedHealth.
Quotes may be delayed. Market data is provided for information only and is not investment advice; see our disclaimer.