Etherchannel to ESXi

Trying to configure an etherchannel to ESXi with two ports for load-balancing. I know ESXi's Standard vSwitches do not support LACP, so I have configured it as Etherchannel only. I would expect these ports to show (P) next to them as my Cisco gear does when using LACP, but instead when issuing show etherchannel summary, I see (U) next to both ports. I have searched around and can't find anything definitive on the matter.

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commands issued to ports to configure etherchannel were:

interface range gigabitEthernet 1/0/5-6

channel-group 1 mode on

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Here is port configs

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interface gigabitEthernet 1/0/5

switchport mode trunk

switchport trunk allowed vlan 20,30,40,100,192

description "ESXiTrunk1"

channel-group 1 mode on

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interface gigabitEthernet 1/0/6

switchport mode trunk

switchport trunk allowed vlan 20,30,40,100,192

description "ESXiTrunk2"

channel-group 1 mode on

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Also, I have set my ESXi vSwitch to Route Based on IP Hash and verified switch load-balancing is set correctly

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