BABW vs. UNHW

Last updated Jun 4, 2026

BABW (Roundhill BABA WeeklyPay ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - BABW 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 0.15 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

BABW vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill BABA WeeklyPay ETF (BABW) 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, BABW achieves a -17.38% return, which is significantly lower than UNHW's 15.08% return.

BABW

• 1D: -2.92%
• 1M: -5.34%
• YTD: -17.38%
• 6M: -24.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UNHW

• 1D: 0.06%
• 1M: 2.06%
• YTD: 15.08%
• 6M: 11.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BABW vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
BABW Roundhill BABA WeeklyPay ETF	-17.38%	-9.18%
UNHW Roundhill UNH WeeklyPay ETF	15.08%	-3.02%

Correlation

The correlation between BABW and UNHW is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	0.15

Return for Risk

BABW vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill BABA WeeklyPay ETF (BABW) 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.

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

Sharpe Ratios by Period

	BABW	UNHW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.97	0.50	-1.47

Drawdowns

BABW vs. UNHW - Drawdown Comparison

The maximum BABW drawdown since its inception was -40.29%, which is greater than UNHW's maximum drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for BABW and UNHW.

Drawdown Indicators

	BABW	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-40.29%	-32.28%	-8.01%
Current Drawdown Current decline from peak	-35.94%	-7.06%	-28.88%
Average Drawdown Average peak-to-trough decline	-22.10%	-12.48%	-9.62%

Volatility

Volatility by Period

	BABW	UNHW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	49.61%	49.81%	-0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.61%	49.81%	-0.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.61%	49.81%	-0.20%

BABW vs. UNHW - Expense Ratio Comparison

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

Dividends

BABW vs. UNHW - Dividend Comparison

BABW's dividend yield for the trailing twelve months is around 37.81%, more than UNHW's 17.33% yield.

Position	TTM	2025
BABW Roundhill BABA WeeklyPay ETF	37.81%	10.68%
UNHW Roundhill UNH WeeklyPay ETF	17.33%	2.81%

Frequently Asked Questions

Can I hold both BABW and UNHW in my portfolio?

BABW and UNHW have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BABW 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, BABW or UNHW?

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

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

BABW has the higher dividend yield at 37.81%, compared with 17.33% for UNHW.

What is the main difference between BABW and UNHW?

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