Leverage Shares 2X Long UNH Daily ETF (UNHG)Industrials | Exchange Traded Fund | NasdaqGM
19.76 USD
-0.17
(-0.859%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 19.72 -0.04 (-0.039%) ⇩ (Aug. 28, 2026, 7:44 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:42 a.m. EDT
The most critical signal here is the stark divergence between the instrument's nature and its current pricing reality. UNHG is a leveraged daily ETF designed to double the daily moves of UnitedHealth Group (UNH). However, the underlying asset has been in a secular downtrend, dragging this leveraged proxy down with it. The price action confirms this structural weakness: the asset is trading significantly below its 50-day moving average, indicating persistent selling pressure that has not yet exhausted itself. Regarding the short-term outlook, the momentum is clearly negative. The recent price history shows a steady grind lower, breaking key support levels around $20. While the 200-day average provides some historical support, the immediate trend is bearish. The statistical forecasting model offers no help, registering as completely unreliable due to the noise inherent in leveraged products during a downtrend. The dividend yield of 8.51% is a mathematical artifact of the leveraged structure and the depressed share price, not a sign of a healthy, income-generating business. Leveraged ETFs are not designed for long-term holding; their compounding drag in volatile or trending markets erodes capital over time. Consequently, the long-term investment thesis is neutral to negative; the vehicle itself is a tool for tactical trading, not wealth preservation. Options flow reinforces the bearish sentiment. Traders are not buying calls hoping for a bounce; they are constructing complex bearish spreads, betting on further declines to specific downside targets. This suggests that even sophisticated market participants see limited room for a quick recovery without a major catalyst in the underlying index. In summary, this is a distressed leveraged instrument. The 'high' yield is a trap for investors seeking income, masking the reality of a declining asset class. The short-term bias remains slightly negative due to the unresolved downtrend, making it unsuitable for a bullish entry at these levels. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.068172 |
| AutoTheta | 0.068433 |
| AutoETS | 0.068476 |
| AutoARIMA | 0.068477 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 1.24 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.151 |
| Excess Kurtosis | -1.04 |
As of Aug. 22, 2026, 1:42 a.m. EDT: Speculators are positioning for a significant gap-down event rather than a rally. In the near term (Aug 21), put open interest heavily outweighs call open interest, with a massive wall of strikes at $23.00 suggesting a target for downside pressure. For longer expirations (Sept/Dec), there is a distinct 'bear put spread' setup: heavy open interest at deep out-of-the-money strikes ($4.00, $7.00) combined with significant open interest at lower strikes ($16.00-$19.00). This structure indicates bets that the price will drop substantially enough to hit the lower strikes while leaving the deep OTM puts worthless, rather than a bet for a linear rise. The implied volatility skew supports this, with elevated IV at the downside strikes.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 1.898 | 11.164706 |
| Attribute | Value |
|---|---|
| All Time High | 27.59 |
| All Time Low | 9.145 |
| Ask | 28.05 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 415,770 |
| Average Daily Volume3 Month | 818,038 |
| Average Volume | 818,038 |
| Average Volume10Days | 415,770 |
| Beta3 Year | 0.0 |
| Bid | 16.07 |
| Bid Size | 2 |
| Category | Industrials |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 20.065 |
| Day Low | 19.72 |
| Dividend Yield | 8.51 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 22.29612 |
| Fifty Day Average Change | -2.5373192 |
| Fifty Day Average Change Percent | -0.11380093 |
| Fifty Two Week Change Percent | 16.840862 |
| Fifty Two Week High | 27.59 |
| Fifty Two Week High Change | -7.8311996 |
| Fifty Two Week High Change Percent | -0.28384197 |
| Fifty Two Week Low | 9.145 |
| Fifty Two Week Low Change | 10.6138 |
| Fifty Two Week Low Change Percent | 1.1606123 |
| Fifty Two Week Range | 9.145 - 27.59 |
| First Trade Date Milliseconds | 1,753,191,000,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.1712 |
| Fullday Change Percent | -0.859005 |
| Fullday Price | 19.72 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,753,056,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-07-22 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of UNH, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long UNH Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1944776710 |
| Nav Price | 20.5657 |
| Net Assets | 77,602,560.0 |
| Net Expense Ratio | 0.77 |
| Open | 20.02 |
| Post Market Change | -0.038801193 |
| Post Market Change Percent | -0.19637424 |
| Post Market Price | 19.72 |
| Post Market Time | 1,787,960,678 |
| Previous Close | 19.93 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.1711998 |
| Regular Market Change Percent | -0.85900545 |
| Regular Market Day High | 20.065 |
| Regular Market Day Low | 19.72 |
| Regular Market Day Range | 19.72 - 20.065 |
| Regular Market Open | 20.02 |
| Regular Market Previous Close | 19.93 |
| Regular Market Price | 19.7588 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 243,645 |
| Short Name | Leverage Shares 2X Long UNH Dai |
| Source Interval | 15 |
| Symbol | UNHG |
| Total Assets | 77,602,560 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 19.65166 |
| Trailing Three Month Returns | 19.65166 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.61574 |
| Two Hundred Day Average Change | 2.1430607 |
| Two Hundred Day Average Change Percent | 0.121656016 |
| Type Disp | ETF |
| Volume | 243,645 |
| Yield | 0.0851 |
| Ytd Return | 32.87017 |