UNHG
Leverage Shares 2X Long UNH Daily ETF
📎 Investment Objective
The Leverage Shares 2X Long UNH Daily ETF (UNHG) seeks to provide 2x the daily return of the UNH stock, which tracks the performance of UnitedHealth Group Incorporated.
Overview
ETF tracking Leverage Shares 2X Long UNH Daily ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Leverage Shares 2X Long UNH Daily ETF (UNHG) seeks to provide 2x the daily return of the UNH stock, which tracks the performance of UnitedHealth Group Incorporated.
🎯 Investment Strategy
The ETF uses derivatives and leveraged instruments to amplify the daily returns of the underlying UNH stock. It does not seek to achieve its stated investment objective over periods longer than a single day.
✨ Key Features
- Provides 2x the daily performance of the UNH stock
- Utilizes derivatives and leverage to magnify returns
- Resets exposure daily, not designed for long-term holding
- Very small asset base of $0 as of reporting
⚠️ Primary Risks
- Significant risk of loss due to the leveraged nature of the fund
- Volatility and potential for large daily fluctuations in value
- Tracking error and deviation from the 2x daily target return
- Counterparty risk associated with the derivatives used
👤 Best For
This ETF is intended for experienced, sophisticated investors with a high risk tolerance who seek to make short-term, speculative bets on the daily performance of the UNH stock. It is not suitable for long-term buy-and-hold investors or those with a low risk appetite.
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