ARMW vs. UNHW

Last updated Jun 23, 2026

ARMW (Roundhill ARM WeeklyPay ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - ARMW is a Derivative Income fund actively managed by Roundhill Investments, while UNHW is a Leveraged Equities fund actively managed by Roundhill Investments. Both are actively managed. At a correlation of -0.00, they often move in opposite directions. Both charge a 0.99% expense ratio.

Performance

ARMW vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill ARM WeeklyPay ETF (ARMW) and Roundhill UNH WeeklyPay ETF (UNHW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARMW achieves a 356.51% return, which is significantly higher than UNHW's 26.25% return.

ARMW

• 1D: -8.12%
• 1M: 40.26%
• YTD: 356.51%
• 6M: 337.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UNHW

• 1D: 1.74%
• 1M: 5.96%
• YTD: 26.25%
• 6M: 28.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARMW vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
ARMW Roundhill ARM WeeklyPay ETF	356.51%	-23.73%
UNHW Roundhill UNH WeeklyPay ETF	26.25%	1.54%

Correlation

The correlation between ARMW and UNHW is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	-0.00

ARMW vs. UNHW - Sectors Allocation Comparison

Sectors	ARMW	UNHW
Technology	28.9%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	29.0%
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

ARMW vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill ARM WeeklyPay ETF (ARMW) and Roundhill UNH WeeklyPay ETF (UNHW). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ARMW vs. UNHW - Drawdown Comparison

The maximum ARMW drawdown since its inception was -48.47%, which is greater than UNHW's maximum drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for ARMW and UNHW.

Drawdown Indicators

	ARMW	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-48.47%	-32.28%	-16.19%
Current Drawdown Current decline from peak	-8.12%	-1.07%	-7.05%
Average Drawdown Average peak-to-trough decline	-25.32%	-11.40%	-13.92%

Volatility

Volatility by Period

	ARMW	UNHW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	93.49%	48.79%	+44.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.49%	48.79%	+44.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.49%	48.79%	+44.70%

ARMW vs. UNHW - Expense Ratio Comparison

Both ARMW and UNHW have an expense ratio of 0.99%.

Dividends

ARMW vs. UNHW - Dividend Comparison

ARMW's dividend yield for the trailing twelve months is around 22.59%, more than UNHW's 18.25% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	22.59%	16.38%
UNHW Roundhill UNH WeeklyPay ETF	18.25%	2.81%

Frequently Asked Questions

Can I hold both ARMW and UNHW in my portfolio?

ARMW and UNHW have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARMW or UNHW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARMW or UNHW?

ARMW and UNHW have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, ARMW or UNHW?

ARMW has the higher dividend yield at 22.59%, compared with 18.25% for UNHW.

What is the main difference between ARMW and UNHW?

ARMW is categorized as Derivative Income, while UNHW is Leveraged Equities.